## General

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

To use this tool, choose Targeted APR from the TIL Tools drop-down menu.

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.

**Note: **This tool will solve for APR to two decimal places. That means if you enter an desired APR of 15.0987, it will only solve for an APR of 15.09. This is also an iterative calculation, which means it can take some time to run.

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