Mca Calculator
Mca calculator works out Annual percentage rate and Amount financed from Amount borrowed, Prepaid finance charges and Payment per period. The default figures on this page give annual percentage rate of 71.8906 %; change any entry and the result, the working and the sources update together.
Your figures
Updates as you typeHow this is worked out
7 steps
- Total repayment = 50000 x 1.4 = 70000
- Each of 250 remittances = 70000 / 250 = 280
- Amount financed = 50000 - 0 = 50000 (12 CFR 1026.18(b))
- Finance charge = 250 x 280 - 50000 = 20000
- Unit-period rate solving 50000 = payment x annuity factor is 0.28528% per period
- APR = 0.28528% x 252 periods = 71.8906%
- Finance charge per $100 financed = 100 x 20000 / 50000 = 40
Payment scheduletable
| period | payment |
|---|---|
| 1 | 280 |
| 2 | 280 |
| 3 | 280 |
| 4 | 280 |
| 5 | 280 |
| 6 | 280 |
| 7 | 280 |
| 8 | 280 |
| 9 | 280 |
| 10 | 280 |
| 11 | 280 |
| 12 | 280 |
| 13 | 280 |
| 14 | 280 |
| 15 | 280 |
| 16 | 280 |
| 17 | 280 |
| 18 | 280 |
| 19 | 280 |
| 20 | 280 |
| 21 | 280 |
| 22 | 280 |
| 23 | 280 |
| 24 | 280 |
| 25 | 280 |
| 26 | 280 |
| 27 | 280 |
| 28 | 280 |
| 29 | 280 |
| 30 | 280 |
| 31 | 280 |
| 32 | 280 |
| 33 | 280 |
| 34 | 280 |
| 35 | 280 |
| 36 | 280 |
| 37 | 280 |
| 38 | 280 |
| 39 | 280 |
| 40 | 280 |
| 41 | 280 |
| 42 | 280 |
| 43 | 280 |
| 44 | 280 |
| 45 | 280 |
| 46 | 280 |
| 47 | 280 |
| 48 | 280 |
| 49 | 280 |
| 50 | 280 |
| 51 | 280 |
| 52 | 280 |
| 53 | 280 |
| 54 | 280 |
| 55 | 280 |
| 56 | 280 |
| 57 | 280 |
| 58 | 280 |
| 59 | 280 |
| 60 | 280 |
| 61 | 280 |
| 62 | 280 |
| 63 | 280 |
| 64 | 280 |
| 65 | 280 |
| 66 | 280 |
| 67 | 280 |
| 68 | 280 |
| 69 | 280 |
| 70 | 280 |
| 71 | 280 |
| 72 | 280 |
| 73 | 280 |
| 74 | 280 |
| 75 | 280 |
| 76 | 280 |
| 77 | 280 |
| 78 | 280 |
| 79 | 280 |
| 80 | 280 |
| 81 | 280 |
| 82 | 280 |
| 83 | 280 |
| 84 | 280 |
| 85 | 280 |
| 86 | 280 |
| 87 | 280 |
| 88 | 280 |
| 89 | 280 |
| 90 | 280 |
| 91 | 280 |
| 92 | 280 |
| 93 | 280 |
| 94 | 280 |
| 95 | 280 |
| 96 | 280 |
| 97 | 280 |
| 98 | 280 |
| 99 | 280 |
| 100 | 280 |
| 101 | 280 |
| 102 | 280 |
| 103 | 280 |
| 104 | 280 |
| 105 | 280 |
| 106 | 280 |
| 107 | 280 |
| 108 | 280 |
| 109 | 280 |
| 110 | 280 |
| 111 | 280 |
| 112 | 280 |
| 113 | 280 |
| 114 | 280 |
| 115 | 280 |
| 116 | 280 |
| 117 | 280 |
| 118 | 280 |
| 119 | 280 |
| 120 | 280 |
First 120 of 250 rows.
Its 5 worked examples are re-run on every release, last on 15 September 2026. What changed
Sources and references
4 sources
Keep this result
Save it, change one figure, then compare the two
The calculation stays free. Save this scenario, adjust one assumption, save that too, and put them side by side to see exactly what the change costs you. A free account keeps 5 scenarios and 2 comparisons; Personal makes both unlimited and adds exports and private links. Nothing is saved unless you press Save.
What the mca calculator calculates
Computes the Regulation Z annual percentage rate from the amount financed, the payments and the prepaid finance charges - for closed-end instalment loans, credit-card balances quoted by periodic rate, and merchant cash advances quoted as a factor rate.
How to use this mca calculator
Enter Amount borrowed, Prepaid finance charges, Payment per period and Number of payments. Annual percentage rate updates as you type. Change one figure at a time to see what drives the result.
How the result is worked out
Open “How this is worked out” beside the result for the step-by-step calculation behind Annual percentage rate, Amount financed and Finance charge.
The method follows 12 CFR 1026.22 (Regulation Z) - Determination of the annual percentage rate, Appendix J to 12 CFR Part 1026 - Annual percentage rate computations for closed-end credit transactions, 12 CFR 1026.14 (Regulation Z) - Determination of the annual percentage rate for open-end credit and 12 CFR 1026.18(b) and 1026.4 (Regulation Z) - Amount financed and finance charge.
What you can compare
Change one input at a time to see how it affects Annual percentage rate, Amount financed and Finance charge. The inputs you can vary are Amount borrowed, Prepaid finance charges, Payment per period, Number of payments, Payments per year and Factor rate.
Understanding Annual percentage rate, Amount financed and Finance charge
A Regulation Z-style computation on the figures you enter. The APR your lender must disclose depends on which charges are finance charges under 12 CFR 1026.4 and on the exact payment schedule; only the lender disclosure is authoritative.
Results are general information, not financial, tax, legal, medical or engineering advice. Check any decision that matters with a qualified professional.
See something wrong? Report a problem with this calculator
Frequently asked questions
How to calculate MoM MCA?
Computes the Regulation Z annual percentage rate from the amount financed, the payments and the prepaid finance charges - for closed-end instalment loans, credit-card balances quoted by periodic rate. Open “How this is worked out” beside the result to see each step for your own figures.
What is the MCA value?
On the figures this page opens with — amount borrowed 100,000 — the annual percentage rate is 71.8906%. No single number fits everyone: change any figure above and the answer updates as you type, with each step of the arithmetic beside it.
What is an MCA fee?
Computes the Regulation Z annual percentage rate from the amount financed, the payments and the prepaid finance charges - for closed-end instalment loans, credit-card balances quoted by periodic rate. On this page it is computed from Amount borrowed, Prepaid finance charges and Payment per period and shown as Annual percentage rate, Amount financed and Finance charge.
How to measure MCA Doppler?
It needs Amount borrowed, Prepaid finance charges, Payment per period, Number of payments, Payments per year and Factor rate. Nothing else is required, and the figures stay in your browser.
What information do I need for the mca calculator?
You need Amount borrowed, Prepaid finance charges, Payment per period, Number of payments, Payments per year, Factor rate and Headline figure. The page opens with default figures that give annual percentage rate of 71.8906 %, so you can see the scale before entering your own.
What does this mca calculator show?
It shows Annual percentage rate, Amount financed, Finance charge, Finance charge per $100 financed, Total of payments, Payment per period, Unit-period rate and Daily periodic rate, with the working and any warnings for your entries.