Blended Rate Calculator

Combined Loan Blended Rate Calculator

Input Fields

First loan amount

L1

$

Enter the amount of the first loan

First loan interest rate

r1

%

Enter the interest rate of the first loan

Second loan amount

L2

$

Enter the amount of the second loan

Second loan interest rate

r2

%

Enter the interest rate of the second loan

CalculateReset

Calculate automaticallyIf enabled, the result will update automatically when you change any value.

Your Results

Blended Interest Rate

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Blended Interest Rate Formula

$$\text{Blended Rate} = \frac{(L_1 \times r_1) + (L_2 \times r_2)}{L_1 + L_2}$$

Where:

• $$L₁$$ = Amount of the first loan
• $$r₁$$ = Interest rate of the first loan (as decimal)
• $$L₂$$ = Amount of the second loan
• $$r₂$$ = Interest rate of the second loan (as decimal)

The Blended Rate Calculator helps borrowers and lenders understand the effective interest rate when multiple loans are combined. It’s especially useful during refinancing or loan restructuring, ensuring accurate comparisons and financial planning.