The APR is an annual rate spread across the loan term. Some lenders calculate the APR using a daily periodic rate applied to your balance each day, while others use a monthly periodic rate.

Learn how credit scores influence car loan interest rates in 2025.

How Does APR Work on a Car Loan? When you calculate the interest rate on a car loan, it is simply a percentage of the total loan balance.

The APR and interest rate on your mortgage aren’t the same. Here’s what to pay attention to when you compare costs.

Credit card APR know-how can help you keep debt in check and better compare cards when you're in the market.

You can find your credit card’s standard interest rate by reviewing your credit card statement. You can also find out when your intro APR ends by checking your most recent credit card statement.

To understand APR vs. interest rate, it's important to understand a simple interest rate. A loan's interest rate represents the amount you'll pay for borrowing money over a period of time.