Calculators

Blended rates and DSCR coverage in one place.

Blended rateCompare a new 2nd lien with the current 1st against a new 1st.DSCR coverageRental income, monthly expenses and coverage by rate and loan amount.

First mortgage

Second mortgage

Blended rate results

Blended interest rate
6.583%
Total loan amount$450,000
First mortgage rate6.500%
Second mortgage rate6.875%
First mortgage weight77.8%
Second mortgage weight22.2%
Combined monthly payment$2,869.17

The blended rate calculator combines a new second lien with the current first mortgage and compares the result against a new first, showing the blended interest rate, each loan's weight, and the combined monthly payment. The DSCR coverage calculator takes rental income and monthly expenses and shows coverage by rate and loan amount. Both are planning tools for brokers; final terms depend on the program, the property and the borrower, and a scenario is confirmed in PriceIQ or with the Deal Desk before it is quoted.

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Defy Mortgage, LLC · NMLS #2383214 · 1030 16th Ave S, FL 2, Nashville, TN 37212

Defy Wholesale is the wholesale (TPO) channel of Defy Mortgage, LLC. We lend on investor business-purpose transactions across a 39-state lending area and work only through licensed mortgage brokers and third-party originators. Brokers can apply to become an approved partner.