Debt tools
What interest rate am I really paying?
A quoted rate is rarely what a loan actually costs. Points and fees are paid up front but bought with the loan, so they push the real rate above the one on the offer sheet — and the sooner you sell or refinance, the fewer payments they are spread across and the more they cost.
The quoted loan
BORROWINGEverything but the points — those go in the field beside this one.
Fees spread over fewer years make the real rate higher.
What you actually pay
EFFECTIVEEnter a loan amount and quoted rate to see the effective cost.
All four happen in your browser. Your figures are not sent anywhere — the email opens in your own mail app, already filled in.
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