"Loan Savings has the
best rates, period!"
User Name
Password
Purchase
|
Refinance
|
Less than Perfect Credit
|
Home Equity 2nd
Mortgage Calculators
What Are My Payments With A First And Second Mortgage?
This mortgage payment calculator will combine two loan payments (such as a 1st & 2nd) into one monthly payment. It will also estimate your "blended rate". This is a sum of the interest of both payments, divided by the total loan balance. The blended rate is not a perfect measure, but it is a useful tool to gauger how both mortgages compare to a single loan.
Note: We highly recommend that you seek a qualified loan consultant before actually selecting a loan.
Loan amount of 1st
?
Interest rate of 1st
?
Term of 1st
(usually 30 or 15 years)
?
Loan amount of 2nd
?
Interest rate of 2nd
?
Term of 2nd
(usually 15 or 20 years)
?
Click here for printer friendly version
Your 1st mortgage payment
?
$899.33
Your 2nd mortgage payment
?
$224.93
Total mortgage payments
?
$1,124.26
Since you have two loans with two different interest rates, you will also have what is called a blended (or effective) interest rate which is
6.43%
If this rate is too high, you can consider refinancing to save money.
To find lowest mortgage rates in your area
click here
Loan Purpose
::Select::
Refinance
Purchase
Home Equity Loan
Other
How Soon
Seleccione
::Select::
As soon as possible
Next 30 to 60 days
More than 60 days
Your Home Value
(
Purchase price if buying
)
Loan Amount Desired
First Name:
Last Name:
State:
::Select A State::
Alabama
Alaska
Arizona
Arkansas
California-Northern
California-Southern
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Zip:
E-mail:
Telephone
Best Time
::Select::
Morning
Afternoon
Evening
Credit Rating
::Select::
Excellent
Good
Fair
Poor
How did you hear about us
Select
Google
AOL
Other search method
Referral
Magazine
Newspaper
Email
Other
Your information is safe when click on send
Click here to SEND
All information submitted to loan Savings will Not be resold to any third party whatsoever
Home
|
Today's Rates
|
Mortgage Calculators
|
Loan Adviser
|
Contact Us
|
Add/Edit Rate Watch Settings
|
Copyright 1998-2005