Debt Lab
One blended rate beats five angry ones.
Itemize what a client owes, see the blended rate they're really paying, and what rolling it into the mortgage frees up every month.
Marcus Lee — blended rate across the mortgage + debts
5.96%4.94%after consolidating
Cash freed monthly
+$843/mo
$10,118/yr
Marcus Lee
Home value
$500,000
Mortgage owing
$340,000
Combined LTV
68%
Equity
$160,000
1st
TD
Closed · 5-yr fixed
4.89%$340,000
Marcus Lee's debts
| Debt | Balance | Rate | Payment | · |
|---|---|---|---|---|
Visa Credit card · ····4312 | $12,500 | 19.99% | $375/mo | |
Mastercard Credit card · ····8807 | $8,000 | 21.99% | $240/mo | |
Car loan Auto loan | $24,500 | 8.49% | $498/mo |
Statement screenshots (coming online with your AI key): clients snap each statement, the AI reads balance, rate, and payment straight into this list. Ask them to crop out the full account number — the Lab only ever stores the last 4 digits.
Roll it into the mortgage
Debts total
$45,000
Debts blended rate
14.08%
Debt payments
$1,113/mo
Mortgage payment
$1,956/mo
After consolidating
New mortgage
$385,000
New payment (4.94%)
$2,226/mo
Before, all-in
$3,069/mo
Cash freed
+$843/mo
Rolling everything in takes the mortgage from 68% to 77% of the home value — inside the 80% refinance cap.
Full rate review Uses today's 4.94% market rate for 5-yr fixed and a 25-year amortization — consolidating stretches short debts over a long term, so total interest can rise even as monthly cash flow improves. Confirm penalties, fees, and lender rules before advising.