Whether you’re managing multiple loans, considering debt consolidation, or evaluating investment returns, knowing your blended interest rate can help you make smarter financial decisions. At Mortgage Capital, our Blended Rate Calculator simplifies complex numbers into a single, easy-to-understand metric—your true average borrowing cost.
What Is a Blended Interest Rate?
A blended rate is the weighted average interest rate of two or more loans or financial products. Rather than analyzing each loan separately, a blended rate gives you the combined cost of borrowing, accounting for both loan size and interest rate.
Example:
- Loan 1: $10,000 at 6%
- Loan 2: $5,000 at 4%
Your blended rate isn’t just the average of 6% and 4%—it’s weighted by the amount borrowed, giving you a more accurate picture of what you’re truly paying in interest.
Why Knowing Your Blended Rate Matters
Simplify Financial Planning
Instead of juggling multiple rates, track a single average interest rate across your loans.
Make Informed Refinancing Decisions
Compare your current blended rate to refinancing offers and see if you’ll actually save money.
 Improve Debt Consolidation Strategies
Before consolidating debt, know whether your new rate is better than your current blended rate.
Better Investment Decisions
Understand the average return across a mixed portfolio for smarter asset allocation and risk management.
How the Blended Rate Calculator Works
Using our calculator is quick and easy:
- Enter Each Loan – Input the loan amount and interest rate.
- Calculate – The tool applies a weighted average formula.
- Get Your Blended Rate – Instantly see your true average interest rate.
Who Should Use This Calculator?
Business Owners & Entrepreneurs
Manage business loans with different rates and evaluate your total borrowing cost.
Homeowners & Personal Borrowers
Have a mortgage and a personal loan? Use the blended rate to evaluate refinancing options.
Investors
Assess average returns across various investments and balance your risk-reward strategy.
Take Control of Your Finances
At Mortgage Capital, we’re committed to giving you the tools and insights you need to make financially sound decisions. Our Blended Rate Calculator is one more way we help you save money, reduce stress, and build wealth.
Call 561-300-0380 to speak with a loan expert, or try the calculator now and discover your true cost of borrowing!