Home equity comparison
Blended rate calculator
Enter your first mortgage and proposed second loan to compare the combined payment and balance-weighted rate.
Combined view
%
Balance-weighted average, not a rate on either loan.
Existing first mortgage P&I$2,192.92/mo
Proposed second loan P&I$867.82/mo
Combined loan balance$550,000
Monthly payment mix72% first / 28% second
Combined monthly P&I$3,060.75/mo
Illustration only. The blended interest rate is not an offered loan rate or APR. Each loan keeps its own rate and terms. Payments assume principal and interest amortized over the entered terms, with constant rates. A HELOC may have a variable rate and interest-only draw period. Estimates exclude taxes, insurance, escrow, fees, and closing costs.