Interest Rate Converter

Convert interest rates between different compounding frequencies. Enter the input rate and select frequencies to see the equivalent nominal rate for the output compounding method. This helps compare APR vs. APY or rates across loan/investment options.

Rate Conversion Tips

  • Use this to compare loan APR vs. effective APY for true cost.
  • More frequent compounding increases effective rates—always check!
  • For investments, higher effective rates mean better returns.