Blended Rate Loan Calculator - Simple

Find the effective interest rate of multiple loans or lines of credit at the same time. The rate is weighted depending on the current outstanding balance of each debt. Note that this value is for the current time period with current balances only! As the balances change the effective rates will change.

Current BalanceCurrent Rate
1. $ %
2. $ %
3. $ %
4. $ %
5. $ %

Total Balance: $

Blended Rate : %

Note that this blended rate is correct only if all the loans are paid off over the same period of time. For loans of different lengths, visit my more advanced blended rate calculator.
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