Blended Rate Calculator

The Lending Collective Blended Rate Calculator

Your mortgage rate is not your rate

You might have locked 3% on the house and still be paying eleven percent on the money you actually owe. Add up every debt you carry and see the real number.

Your blended rateWeighted by balance
— The true average rate across everything you owe
Each debt drawn as a block. Width is the balance, height and darkness are the rate.
← Width = balanceHeight & weight = rate ↑

How to read it. The solid line is your blended rate. Anything reaching above it is pulling your average up. The circled block is the one costing you the most per dollar borrowed — usually it's the narrowest one on the page.

What it costsAt current balances
Total owed$0
Interest / year$0
Interest / month$0
Your debtsBalance & rate

Skip anything at 0%, and skip any card you pay off in full each month. Those aren't costing you.

If it were one loanConsolidation scenario
7.25%Consolidated rate
4%16%

Add a debt or two to see the difference.

Want the real numbers?

This is a back-of-napkin average. What it can't see is your equity, your term, or what a lender will actually approve. That part takes a conversation.

Book a 15-minute call

Blended rate is a balance-weighted average: multiply each balance by its rate, add those together, divide by the total owed. It shows what your debt costs on average today. It does not account for loan terms, payoff timelines, closing costs, or the tax treatment of mortgage interest. Rolling short-term debt into a longer mortgage can lower both your rate and your payment while still increasing what you pay over the full term. This tool is not a loan offer, a commitment to lend, or financial advice.

The Lending Collective NMLS #284900

Equal Housing Lender