This apr to monthly rate reference table shows the monthly rate for a range of annual percentage rate (apr) values. Every figure is computed with the same engine that powers our APR to Monthly Rate Calculator, so the numbers are exact.
| Annual percentage rate (APR) | Monthly rate |
|---|---|
| 6% | 0.5000% |
| 12% | 1.0000% |
| 18% | 1.5000% |
| 24% | 2.0000% |
| 36% | 3.0000% |
| 48% | 4.0000% |
| 72% | 6.0000% |
| 12% | 10.0000% |
| 17% | 14.1667% |
| 24% | 20.0000% |
How to use this table
Find the row closest to your annual percentage rate (apr) and read across to the monthly rate. For a value between two rows, the real figure sits between them — or enter your exact numbers in the APR to Monthly Rate Calculator for a precise answer.
Need a value that is not in the table? — the APR to Monthly Rate Calculator does it instantly, for free, with the formula and a worked example built in.
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