Calculators
Calculator
Blended Rate Calculator
Calculate the effective blended rate and combined payment across a first and second mortgage.
Inputs
1st lien
$
%
2nd lien
$
%
Blended rate
3.969%
effective blended rate
1st payment$2,913
2nd payment$1,199
Combined P&I$4,112
Combined balance$800,000
Useful for deciding between a cash-out refi of a low-rate first vs. a fixed-rate second lien or HELOC on top.
Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.