Average Interest Rate

This calculator will help you compute the average combined interest rate you are paying on up to fifteen of your outstanding debts. This can be very helpful when deciding whether or not to move the balances of several credit cards to another card or to another form of debt (loans, etc.).

For each debt, enter the description in column #1, the principal owed in column #2 and the Annual interest rate in column #3. Leave the fields in column #4 blank as they will be filled in for you once you click on the “Compute Results” button.

Debt
Description
Principal
Balance
Annual
Interest
Rate
Interest
Cost this
Month
Total Principal: Total Int. Cost
This Month:
Avg Interest Rate: