You have saved a 5% deposit to buy a $1,400,000 house and have been approved for the Launchpad lending scheme. The Launchpad will consist of two loans. The first loan will make up 80% of the value of the house at a fixed interest rate of 3.29%. This loan will be a 25-year loan and during the first five years the payments are interest-only. The second loan will make up 15% of the value of the house at a fixed interest rate of 10.05%. This loan will be paid off fully in 5 years (interest and principal). Both loans will have monthly payments. Calculate the equivalent interest rate of the two loans combined which make up 95% of the value of the house during the first five years. Enter your answer rounded to two decimal places without the percentage sign (e.g. 9.53% is entered as 9.53).