APR is designed to express credit cost as a yearly rate. That makes it useful for comparison, but it is not the amount of cash deposited into your account.

The four-number check

Locate the amount financed, finance charge, payment schedule, and total of payments. Then confirm the net cash you will actually receive.

Give every number one job

  • APR expresses covered credit cost as an annual rate.
  • Finance charge expresses covered cost as a dollar amount.
  • Amount financed is a disclosure-defined figure.
  • Net proceeds is the cash-in-hand question.

Companion tool

Put the offer on one page.

Offer X-Ray models cash received and required payments from the values you enter.

Primary sources

Sources last checked 14 Sep 2026.