Your balance-weighted rate
A $300,000 balance at 4% and $100,000 at 7% produce a blended rate of 4.75%. Multiply each balance by its rate, add the results, then divide by the total balance.
Before consolidating
A blended rate measures current interest cost. It is not APR or a combined monthly payment. Consolidation can add fees, extend repayment or replace a fixed rate with a variable rate. Compare the full loan terms, not only the rate.
Una tasa ponderada por saldo
Un saldo de $300,000 al 4% y otro de $100,000 al 7% producen una tasa combinada de 4.75%. Multiplique cada saldo por su tasa y divida la suma por el saldo total. No es APR ni un pago mensual combinado. Compare también gastos y plazos.