Blended Rate Mortgage Calculator

Calculate the effective blended interest rate when you have multiple loans.

  • Methods explained
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  • Compare saved scenarios

First Loan

$
%

Second Loan

$
%

Blended Rate Analysis

Total Balance$300,000
First Loan Weight83.3%
Second Loan Weight16.7%
Blended Interest Rate6.8%
How it works›

Model and assumptions. Weights each loan rate by its principal balance and compares the combined payments and costs. A balance-weighted rate is not a disclosed APR and does not capture the timing of fees or different payoff dates.CFPB: mortgage termsOpenStax: annuity formulas