Rates & Fees

At Brookwood Loans, we believe in transparency and want you to fully understand the costs associated with borrowing. Below, you’ll find important details about our rates, fees, and how APR (Annual Percentage Rate) is calculated.

What is APR?

The Annual Percentage Rate (APR) represents the annualized interest rate you are charged for borrowing. It includes both the nominal interest rate and any additional costs, such as loan fees.

• Personal loan APRs typically range from 4.99% to 450%.
• Cash advance loan APRs vary from 200% to 1386%.
• Installment loan APRs range from 6.63% to 225%.

Since Brookwood Loans is not the direct lender, we cannot guarantee a specific APR. The exact rate you receive depends on factors such as your credit score, credit history, income, and the lender’s terms. For precise information, please contact your lender directly.

Representative Example of APR

If you borrow $2,500 over a term of 1 year with an APR of 10% and a fee of 3%, your monthly payment will be $219.79.

• Total repayment amount: $2,637
• Total interest paid: $137.48

We encourage responsible borrowing and recommend reviewing all loan terms before making a decision. If you have any questions about rates and fees, please reach out to us or your lender for further details.