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Blended Rate Calculator

Angel Oak’s blended rate loan calculator assists borrowers and brokers in determining the average interest rate and total payment associated with obtaining multiple mortgage loans on a single property. Angel Oak offers a closed end second mortgage program that allows self-employed borrowers and real estate investors to tap into their home’s equity while retaining their first mortgage.

First Mortgage

Monthly Payment
Second Mortgage

Monthly Payment
Blended Mortgage

Total Payment
Combined LTV
Blended Rate

Get a QuickQuote for a Stand Alone 2nd Mortgage


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This calculator is for estimation purposes only. It is a basic calculator using information entered by you which may differ from the actual terms at the time the loan terms are set. The calculator does not include fees and costs that may apply to a loan, and it does not account for all loan programs. Results may vary and will be subject to individual program guidelines and limits. Qualification, rates, and payment will vary based on timing and individual circumstances. The results do not reflect an official mortgage loan offer or a commitment to lend. Please contact a licensed mortgage loan originator for more information regarding your specific needs and situation.


What is a Blended Rate?
A blended rate is an average interest rate calculated by combining multiple sources of debts, in this case, focusing on first and second mortgages, to provide a new consolidated rate that can be applied to a loan.
How is Blended Rate calculated?
To determine the blended rate, the sum of all weighted interests rate divided by the sum of outstanding balances. Angel Oak includes current property value, monthly insurance, taxes, and HOA, as well as first and second mortgage information, to give you the most accurate blended rate.
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