Blended Rate Calculator Tool

Blended Rate Calculator

Blended Rate Calculator

Loan Amount Interest Rate Example Value
Loan Amount 1 The amount of the first loan. $100,000
Interest Rate 1 The interest rate of the first loan. 5%
Loan Amount 2 The amount of the second loan. $200,000
Interest Rate 2 The interest rate of the second loan. 4%
Blended Rate The weighted average interest rate of the two loans. It is calculated using the formula: \(\frac{\text{Loan Amount 1} \times \text{Interest Rate 1} + \text{Loan Amount 2} \times \text{Interest Rate 2}}{\text{Loan Amount 1} + \text{Loan Amount 2}}\). 4.33%

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