The blended rate is a balance-weighted average: each debt's rate counts in proportion to how much you owe on it. Monthly and yearly interest are simple estimates based on current balances and don't account for payments, compounding, fees, or promotional rates.
Randi Orzoff, Mortgage Lender, NMLS #2058648 · Barrett Financial LLC, NMLS #181106 · Equal Housing Opportunity.
This calculator is for informational and educational purposes only. Results are estimates based on the figures you enter and are not an offer, a commitment to lend, or financial advice. Actual rates, terms, costs, and savings depend on your individual situation and are subject to credit approval. Nothing you enter here is saved or sent anywhere.