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Blended Rate Calculator
Want to compare the total cost of interest on a 30 year vs. 15 year mortgage? Want to compare the difference in the monthly payment for two different interest rates? Use our mortgage comparison calculator to compare 2 loans.
This blended rate mortgage calculator helps determine the effective, or blended, interest rate if you use a first and a second mortgage to finance the purchase of a home.
Blended Rate Calculator
This blended rate mortgage calculator helps determine the effective, or blended, interest rate if you use a first and a second mortgage to finance the purchase of a home.
Loan 1
$
%
$597.03
Loan 2
$
%
$788.93
Blended Rate: 6.340%
Total Monthly Payment: $4,164.17
Created with Highcharts 10.1.0Loan BalanceLoan 1Loan 2202620282030203220342036203820402042204420462048205020522054050k100k150k200k250k300kLoan BalanceApril 2033 Loan 1: $248,859.75 Loan 2: $161,993.07
Created with Highcharts 10.1.0Rate0%1%2%3%4%5%6%7%
Current Rate
6.630%
New Rate
6.050%
Blended Rate
6.340%