How to Calculate Floating Interest Rate?
Floating Interest Rate calculator uses Floating Interest Rate = Reference Rate+Fixed Spread to calculate the Floating Interest Rate, The Floating Interest Rate formula is defined as the interest rate that changes periodically. Floating Interest Rate is denoted by FIR symbol.
How to calculate Floating Interest Rate using this online calculator? To use this online calculator for Floating Interest Rate, enter Reference Rate (R_{ref}) & Fixed Spread (FS) and hit the calculate button. Here is how the Floating Interest Rate calculation can be explained with given input values -> 25 = 10+15.