APR to APY calculator
APR and compounds per year. Annual percentage yield.
CopiedAbout this APR to APY calculator
Convert a nominal APR to an effective APY for a compounding frequency you choose — the apples-to-apples yield number ads often quote.
APY = (1 + APR/n)^n − 1, with APR as a decimal and n compounds per year. Daily uses n=365 in this tool’s default unless the page states otherwise.
Not a loan APR disclosure engine (those include fees under Reg Z). Credit-card and mortgage “APR” labels are not always the same as this nominal-rate conversion.
FAQ
What is the formula? APY = (1 + APR/n)^n − 1. APR is the nominal annual rate. n is compounds per year.
What if n is 1? APY equals APR.
Is this a loan quote? No. It is the standard nominal-to-effective conversion.