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Discover Ludwig"average interest" is a correct and commonly used phrase in written English.
It refers to the typical or average rate of interest on a loan or investment. You can use "average interest" in a sentence when discussing financial matters or comparing interest rates. For example: "The average interest on student loans is currently 5%, but some lenders offer lower rates."
Exact(57)
"You can only set the average interest rate," he said.
The average interest rate on a mortgage loan is 8%.
Without the points, the average interest rates would be higher.
The average interest rate is 18 to 22 percent.
But the impression is only of an even, not to say average interest in character.
The average interest rate for loans is 6percentt, and for mortgages, 5percentt.
The average interest rate, says Chirag Chaman, who runs Fynanz, is 8to9percentent.
The government's average interest rate on new borrowing last year fell below 1percentt.
Similar(3)
Average interest-rate figures give you a general idea of what others are being offered.
But it beats the piddling 0.06 percent for the average interest-bearing checking account.
In September 2007 there were 86 deals on offer with an average interest-free term of 9.14 months.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com