Effective annual rate calculator
Constant nominal rate with periodic compounding. Excludes fees and is not a jurisdiction-specific loan-cost disclosure.
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USDTHE NUMBERS, MADE CLEARInstant calculation
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Constant nominal rate with periodic compounding. Excludes fees and is not a jurisdiction-specific loan-cost disclosure.
Common uses
Constant nominal rate with periodic compounding. Excludes fees and is not a jurisdiction-specific loan-cost disclosure.
BEHIND THE NUMBERSFormula & assumptions
EAR = ((1 + r/m)^m − 1) × 100%
Constant nominal rate with periodic compounding. Excludes fees and is not a jurisdiction-specific loan-cost disclosure.