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Average Interest Rate Calculator

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:

When we started One Source Manufacturing in 1997, we quickly went through two to three accounting firms without much success. Then we found Glass & Company and have been with them ever since. There are very few CPA firms in the Austin area that have the capability to service manufacturing companies. Glass & Company has a thorough understanding of the challenges that manufacturers face and the expertise to handle it all.””

– Kevin Shipley, One Source Manufacturing

500 W. 5th Street, Suite 1210 Austin, TX 78701 • Phone: 512-480-8182 • Fax: 512-480-9465 • info@glasscpa.com