The APR Targeting tool lets you choose an APR amount and then it will adjust either the loan interest rate or the total escrow amount, whichever you choose, in order to get the loan as close to the chosen APR as possible without going over. The APR Targeting tool can be accessed inside the Account Setup > Setup Terms area of any loan.
Using Targeted APR
Use the “Solve With” drop-down to choose whether to solve using an interest rate or escrow amount. Note that if you don’t have any escrow buckets with the “Include in APR” setting set to “Yes” for this loan, no escrow buckets will appear in the drop-down. Enter your target APR into the “Desired APR” field. Click Targeted APR to solve for your desired APR.