BNPL APR Calculator
Estimate the annual percentage rate of a BNPL plan by comparing total fees to the purchase amount and repayment term.
CalcSimpler Examples
- $600 purchase, $30 fees, 6 months ⇒ 10 %
- $1,200 purchase, $0 fees, 4 months ⇒ 0 %
FAQ
Does this include late fees?
No, only the specified fees are included.
Why convert BNPL to APR?
It helps compare BNPL plans with traditional credit options.
What if there are no fees?
The APR will be 0%, indicating a zero-cost plan.
Additional Information
- Assumes equal payments and no interest beyond fees.
- APR helps compare financing options on a yearly basis.
CalcSimpler