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Determine the interest rate of multiple loans [Explained]

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Determine the interest rate of multiple loans of the same length.

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Blended Rate Calculator



Find the effective interest rate of multiple loans at the same time. Note that this value is for the current time period with current balances only! As the balances change the effective rates will change.
Current Balance Current 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.
 
Determine the interest rate of multiple loans