Blended Rate
Enter up to three mortgage balances and rates.
Weighted average rate
0%
Total debt: $0
Total debt
$0
Blended rate
0%
Weighted average
0%
Annual interest cost
$0
Monthly interest
$0
Rate spread
0%
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Mortgage 1 balance ($) | $250,000 |
| Mortgage 1 rate (%) | 6% |
| Mortgage 2 balance ($) | $50,000 |
| Mortgage 2 rate (%) | 7% |
| Mortgage 3 balance ($) | $0 |
| Mortgage 3 rate (%) | 0% |
| Result | Value |
|---|---|
| Weighted average rate | 6.17% |
| Total debt | $300,000 |
| Blended rate | 6.17% |
| Weighted average | 6.17% |
| Annual interest cost | $18,500 |
| Monthly interest | $1,542 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Blended Rate
- Mortgage 1 balance ($) — default $250,000
- Mortgage 1 rate (%) — default 6%
- Mortgage 2 balance ($) — default $50,000
- Mortgage 2 rate (%) — default 7%
- Mortgage 3 balance ($) — default $0
- Mortgage 3 rate (%) — default 0%
- Press Calculate to update the results instantly.