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Mortgage Fees Calculator

Estimating Lender Fees From the APR on a Fixed Rate Mortgage

Who This Calculator is For: Borrowers who want to know the fees charged by a lender,
in addition to the rate and points quoted in the media.

What This Calculator Does: This calculator uses the APR, which must be shown
whenever a lender quotes a rate and points in the media, to determine
the additional fees charged by that lender.

 

Basic Loan Information
  Type of Loan
  Loan Amount ( includes upfront mortgage insurance premium, if applicable )  (e.g. 102300)
  Interest Rate  (e.g. 7.50)
  Points  (% of loan or $$ amount)
  Loan Term (in years)
  Optional: Number of Years Loan is Interest-Only
  Current Value of Property
  Monthly mortgage insurance premium
  APR (e.g. 5.175)

DO NOT USE DOLLAR SIGNS ($), COMMAS (,) PLUS OR MINUS SIGNS ( + / - )
OR PERCENTAGE SIGNS (%) IN ANY INPUT BOXES

 
Note: Fees included in the APR are shown in Settlement Costs Included in Annual Percentage Rate, see the source cited there. The APR is a legal concept and while the Mortgage Professor believes that his calculations are consistent with the law, he is not a lawyer and does not warrant the results.
See the mortgage professor's articles about APR:
Does the Annual Percentage Rate Help?
Annual Percentage Rate Simplified
Annual Percentage Rate: Why Won't Government Fix it?
The Difference Between APR and Interest Cost