Quickly See What Your Mortgage Payments Might Look Like
Understanding how two mortgages work together is essential when evaluating whether to keep your existing first mortgage and add a second loan versus consolidating into one new loan.
Use this calculator to estimate your combined monthly payment and weighted blended interest rate.
How to use this calculator
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Enter the loan amount, interest rate, and term (in years) for both Loan 1 and Loan 2.
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The calculator will automatically display each loan’s estimated monthly payment, along with the combined (blended) monthly payment and blended interest rate.
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To start over, simply click the Reset button to clear all fields.
This tool is designed to help you visualize how multiple loans interact so you can make more informed mortgage decisions.