Computes the HMDA rate spread (APR minus Average Prime Offer Rate) per FFIEC methodology and 12 CFR §1003.4(a)(12). Determines HMDA LAR reportability against the 1.5 percentage-point first-lien threshold, 3.5pp subordinate-lien threshold, and 6.5pp HELOC first-lien threshold (2018 HMDA Final Rule). APOR must be sourced from the FFIEC weekly table for the applicable lock date. Table: HMDA-FFIEC-RATE-SPREAD-2024-12CFR1003.
12 CFR §1003.4(a)(12)FFIEC Methodology2018 HMDA Final RuleRate SpreadHMDA LAR
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ⓘ Not legal or compliance advice. APOR must be obtained from the FFIEC weekly table (ffiec.gov/ratespread) for the applicable lock date and comparable transaction term. This tool validates the arithmetic; it does not fetch live APOR data.
Rate Inputs
Annual Percentage Rate at loan closing. Use the final Reg Z APR expressed as a percentage.
Average Prime Offer Rate from the FFIEC weekly table (ffiec.gov/ratespread) for the applicable lock date and comparable transaction term.