Poly-phase filters are used to offer an efficient and low complexity solution to rate conversion. However, they suffer from inflexibility and are not easily reconfigured. A novel design for rate converters employ poly-phase filters but utilize interpolation between filter coefficients to add flexibility to rate conversion. This interpolation can be implemented as an interpolation of the poly-phase filter results. Additional approximations can be made to further reduce the amount of calculations required to implement a flexible rate converter.