Blended Rate Calculator

Combine two mortgage balances and interest rates to estimate your blended interest rate, monthly payment, and total loan costs.

Loan Details

Enter the balance, interest rate, and remaining term for each loan.

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Your Blended Rate Results

Your estimated combined loan figures based on the information entered.

Weighted Blended Interest Rate
6.96%

This is the balance-weighted interest rate across both mortgages, before any new loan fees or closing costs.

Combined Loan Balance
$325,000
Estimated New Monthly P&I
$2,151
Current Combined Monthly P&I
$2,144
Monthly Payment Difference
$7

Loan Breakdown

First mortgage monthly P&I $1,580
Second mortgage monthly P&I $739
Combined balance-weighted rate 6.96%
New combined loan term 30 years
Estimated interest over new term $449,000

Estimates are for informational purposes only. The blended rate is calculated using each loan's balance as a weighting factor. Monthly payments assume fixed-rate fully amortizing loans and include principal and interest only. Taxes, insurance, mortgage insurance, closing costs, fees, and lender-specific terms are excluded. Actual loan terms and rates may vary.

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DISCLOSURES & LICENSING: Aggressive Mortgage LLC, NMLS #2408512. Tori Deshaun Simmons, Mortgage Loan Originator, NMLS #2264220. Licensed mortgage broker in the State of Georgia. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, and property eligibility. Programs, rates, terms, and conditions are subject to change without notice. For licensing information, visit www.nmlsconsumeraccess.org.

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