API Reference

Calculate APR and APY for a loan

post
https://Contact sales to enable your sandbox/core/v1/calculations/apr

Calculates the Annual Percentage Rate (APR) for a loan based on provided parameters.

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Body Params
integer
required

The loan principal amount in cents

boolean
Defaults to false

Whether the interest is amortized. If set to False, interest is based on the original principal balance and follows a simple interest model.

number
required

The nominal annual interest rate as a percentage (e.g., 5.0 for 5%)

integer
required

Number of periods in loan term

string
enum
Defaults to monthly

The interval at which payments are made (e.g., monthly, biweekly, weekly, daily, annually)

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Updated 9 months ago

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Updated 9 months ago