Blended Rate Calculator

This calculator is for homebuyers who plan to buy a home with two mortgages, putting them as close as possible to 100% financing (no down payment). Find out what the effective combined rate – also known as the blended rate – will be if you secure a first and a second mortgage.

Current Balance

% Current Rate

First Mortgage

Rate

Second Mortgage

Rate

Third Mortgage

Rate

Total:

$400,000.00

Blended Rate:

7.063%

Disclosure: Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. All loans are subject to approval and credit terms may vary.