Blended Rate Calculator

Compute weighted average interest from multiple loans using amounts and rates, compare scenarios, and view steps, equations.

Outstanding balance of loan/debt #1 (currency agnostic).
Annual interest rate of loan #1 (percent).
Outstanding balance of loan/debt #2.
Annual interest rate of loan #2 (percent).
Outstanding balance of loan/debt #3 (optional to leave empty).
Annual interest rate of loan #3 (percent).

Equation Preview

Helping Notes

  • Blended rate = weighted average: \( r_b=\dfrac{\sum A_i r_i}{\sum A_i} \), where \(A_i\) are balances, \(r_i\) are rates (decimals). :contentReference[oaicite:1]{index=1}
  • Use this for combined loan, mortgage, or debt APR snapshots; it’s common on mortgage “blend” tools. :contentReference[oaicite:2]{index=2}
  • Leave any unused row blank; only rows with both amount and rate are included.
  • You can type expressions like 1.5e4 or 12000+500 — they’ll be parsed safely.

Results

Blended Interest Rate

Total Amount

Equivalent Annual Interest (@ blended rate)

Error

Steps