Loan Origination Fee Calculator
Enter loan amount and origination fee (as % or fixed amount). See the fee and effective loan amount (amount received).
Origination fee
Enter values.
How it works
Fee = loan × (fee %/100) or fixed amount. Amount received = loan − fee (if fee is deducted from loan).
When to use it
Use it to compare loans with different fees or to see true cost of borrowing.
Frequently asked questions
Is this the same as points?
Points are often 1% each and may buy down the rate. Origination is a fee; it may or may not affect rate.
Deducted from loan?
Often yes. You receive less than the loan amount; you pay interest on the full amount.