How the APR Calculator Works

Your note rate is what your monthly principal & interest payment is based on. Your APR (Annual Percentage Rate) is a broader, federally standardized figure (under the Truth in Lending Act) that spreads discount points, lender fees, and certain other closing costs over the loan term and expresses the result as an equivalent annualized rate. Because it folds in up-front costs, APR is almost always higher than the note rate, and it's the number designed for "apples-to-apples" comparisons between loan offers with different fee structures.

This calculator takes your rate, loan amount, term, and estimated points/fees and computes the equivalent APR.

California rules & 2026 figures that apply

• Mortgage loan originators doing business in California must be licensed through the Nationwide Multistate Licensing System (NMLS) under the CA Department of Financial Protection and Innovation (DFPI) (DFPI, About Mortgage Loan Originators). The Home and Commercial Loan Company, Inc. is licensed under NMLS #1665729.
• The 2026 FHFA baseline conforming loan limit for Sacramento County (1-unit) is $832,750, up 3.3% from $806,500 in 2025; CA high-cost counties top out at $1,249,125 (150% of the baseline) for 2026 (FHFA, 2026 Conforming Loan Limit Values).

Estimates only, not a commitment to lend. Figures above reflect publicly reported 2026 program limits and CA tax rules as of this writing and can change - confirm current numbers and your specific eligibility with one of our loan officers before making a decision. The Home and Commercial Loan Company, Inc. is an Equal Housing Opportunity lender, NMLS #1665729.