Complimentary NY Metro Delivery + Total Loss Protection Available • See How It Works

Just Text Us

(201) 815-8216

How do I convert money factor to APR?

Multiply the money factor by 2,400. For example: 0.00100 x 2,400 = 2.4% APR. 0.00150 x 2,400 = 3.6% APR. 0.00250 x 2,400 = 6.0% APR. This gives you an approximate annual percentage rate that you can compare against traditional auto loan rates. The conversion is not perfectly precise, but it is close enough for comparison purposes.

See all FAQs