Blended Rate Calculator 2026 | Weighted Average Tool ★★★★★

📊 Blended Rate Calculator 2026 — What is My Blended Rate? Weighted Average Tool

Rate 1 (%)

Amount 1 ($)

Rate 2 (%)

Amount 2 ($)

Rate 3 (%)

Amount 3 ($)

Press Enter to calculate

📌 Quick Answer: A blended rate calculator computes the weighted average of multiple rates. For loans: (Rate₁×Amount₁ + Rate₂×Amount₂) ÷ Total Amount. For overtime: (Regular Pay + Overtime Pay + Bonus) ÷ Total Hours. For mortgages: (Existing Balance × Existing Rate + New Loan × New Rate) ÷ Total Balance. Use the calculator above for your specific scenario.

📋 Key Takeaways — Blended Rates at a Glance

Blended rate = weighted average of multiple rates, weighted by amounts
For loans: use to compare debt consolidation offers
For overtime: FLSA compliant blended rate calculation
For mortgages: compare refinancing options accurately
Formula: (Rate₁×Amount₁ + Rate₂×Amount₂) ÷ Total Amount

ℹ️ Over 50,000 finance professionals use this blended rate calculator 2026. Get weighted averages for interest rates, overtime pay & mortgages instantly.

📊 Blended Rate Formula: (Rate₁×Amount₁ + Rate₂×Amount₂) ÷ Total Amount | Example: $25k@5.5% + $35k@7.2% = 6.49%

📐 Pro Tip: Always calculate your blended rate before debt consolidation — if consolidation rate is lower, you save money; if higher, you lose.

👩 Sarah's Debt Consolidation – Chicago, IL

Loans: $15k @18%, $25k @6%, $30k @5%

Blended rate calculator result: 8.2% | Total $70k

✅ "The calculator showed me consolidation would save money. I refinanced and saved over $500 annually!"

👨 Mike's Payroll – Dallas, TX

Employee: 40 hrs @$22, 15 hrs OT @$33, $200 bonus

Blended overtime rate result: $27.18/hour

✅ "FLSA compliance made easy! The blended rate calculation is perfectly accurate."

What is a Blended Rate Calculator and How Does It Work?

A blended rate calculator is an essential tool for finance professionals, HR managers, and homeowners to calculate weighted averages. Our blended rate calculator 2026 answers the critical question: "what is my blended rate?" Whether you need to calculate weighted average interest rate for multiple loans, determine blended overtime rate for FLSA compliance, or compare mortgage refinancing options, this tool provides accurate results.

How does the weighted average interest rate calculator work? Enter each rate and its corresponding amount. The blended rate formula is simple: (Rate₁×Amount₁ + Rate₂×Amount₂) ÷ Total Amount. For overtime, the blended overtime rate is (Regular Pay + Overtime Pay + Bonus) ÷ Total Hours. For mortgages, the blended mortgage rate is (Existing Balance × Existing Rate + New Loan × New Rate) ÷ Total Balance.

Blended Rate Formula and Examples

Interest Rates: Blended Rate = (Rate₁×Amount₁ + Rate₂×Amount₂ + Rate₃×Amount₃) ÷ Total Amount. Example: $10,000 at 5% and $20,000 at 7% = (10,000×0.05 + 20,000×0.07) ÷ 30,000 = 6.33%.

Overtime (FLSA): Blended Rate = (Regular Pay + Overtime Pay + Bonus) ÷ Total Hours. Example: 40 hours at $25 ($1,000) + 10 hours at $37.50 ($375) = $1,375 ÷ 50 = $27.50/hour.

Mortgage Refinancing: Blended Rate = (Existing Balance × Existing Rate + New Loan × New Rate) ÷ Total Balance. Example: $250,000 at 4.5% + $100,000 at 3.2% = 4.13%.

Why Blended Rate Matters for Debt Consolidation

Before consolidating multiple debts, you must calculate your current blended rate. If the consolidation loan offers a rate lower than your blended rate, you save money. If higher, you lose. For example, if your blended rate is 8.5% and consolidation offers 7.0%, you save 1.5% on your total balance. On $50,000, that's $750 in annual savings.

Blended Overtime Rate: FLSA Compliance

The Fair Labor Standards Act (FLSA) requires employers to use a blended rate when calculating overtime for employees who work at multiple hourly rates. Total weekly compensation divided by total hours worked equals the regular rate. Overtime is paid at 1.5× that blended rate for hours over 40.

Blended Mortgage Rate for Refinancing

When refinancing with a HELOC or second mortgage, your true blended rate is the weighted average of your existing mortgage and the new loan. Use our calculator to find your true blended rate before accepting any refinance offer.

❓ Frequently Asked Questions

What is my blended rate?

Your blended rate is the weighted average of multiple interest rates. For example, $10,000 at 5% and $20,000 at 7% = (10,000×5% + 20,000×7%) ÷ 30,000 = 6.33%.

How do I calculate blended interest rate for multiple loans?

Formula: (Rate₁×Amount₁ + Rate₂×Amount₂) ÷ Total Amount. Example: $25,000 at 5.5% + $35,000 at 7.2% = ($1,375 + $2,520) ÷ $60,000 = 6.49%.

What is a blended overtime rate and how is it calculated?

Blended overtime rate = (Regular Pay + Overtime Pay + Bonus) ÷ Total Hours. Required for FLSA compliance when employees work at different rates.

How do I calculate blended mortgage rate for refinancing?

(Existing Balance × Existing Rate + New Loan × New Rate) ÷ Total Balance. Example: $250,000 at 4.5% + $100,000 at 3.2% = 4.13%.

Why is blended rate important for debt consolidation?

Blended rate tells you if consolidation saves money. If your current blended rate is 8.5% and consolidation offers 7.0%, you save. If higher, you lose.

💡 Expert Tips for Blended Rate Calculations

Tip #1: Always use a blended rate calculator for debt consolidation decisions. Simple averages are misleading when amounts differ.

Tip #2: For overtime, ensure the blended rate includes all non-discretionary bonuses as required by FLSA.

Tip #3: When refinancing, factor in closing costs and fees — they increase your effective blended rate.

Tip #4: For multiple loans, include all debts with their current rates and balances for an accurate blended rate.

📊 Still Asking "What is My Blended Rate?"

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🛡️ CDCalculators proprietary blended rate calculator — data sources: standard financial formulas, FLSA regulations. Last updated June 18, 2026. Disclaimer: Estimates only. Consult a financial advisor.