April AFR Rates

The applicable federal rates (AFRs) for April, 2022 are as follows:

Short-term (less than 3 years): 1.26% (compared to 0.97% for March)

Mid-term (3 years to 9 years):  1.87% (annual) 1.86% (semi-annual, quarterly or monthly) (compared to 1.74%  to 1.72% for March)

Long-term (9 years or longer):  2.25% (annual or semi-annual), 2.24% (quarterly or monthly) (compared to 2.14% to 2.12% for March)

The IRC 7520 Rate, used to value life estates, and retained interests (GRATs, QPRTs, CRTs, CLUTs): 2.2% (compared to 2.0% for March)