Get the seller to give an interest rate lower than the first position lender with a 30 year amortization if possible so the total blended interest rate goes down more. (biggerpockets.com)
«If the blended interest rate of all cumulative debt — car loans, credit cards, mortgages, student loans — is 5.5 %, but you can get a cash - out refi at 4.5 %, then that's financially beneficial,» says Sheldon. (valuepenguin.com)
CSDC's non-traditional financing resulted in a blended interest rate of 1.10 %, substantially below the 7.81 % rate available for commercial facilities at that time. (csdc.org)