Factor Rate to APR Converter
This calculator converts factor rates and any fees you've been quoted into an annual percentage rate (APR). It's important to know the actual costs, so you can weigh up the opportunity cost vs the cost of the loan.
Factor to APRCalculator
Select loan terms
Days
Monthly
Factor to APR Summary
APR
96.64%
Interest Rate
60.83%
Total Payback
$39,000.00
Interest & Fees
$9,000.00
Repayment Amount
$6,500.00
Number of Payments
6
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