All-in-One Mortgage Calculator

Also called a sweep mortgage or first-lien HELOC

See how a first-lien sweep HELOC could lower your effective interest cost. Estimates only

An all-in-one or sweep mortgage links your checking account to your home loan. Idle cash sitting in your checking offsets your line balance, so interest only accrues on the net amount. The cash stays liquid. You can spend it tomorrow. But every day it sits there, it is silently reducing your interest cost.

This is different from a traditional mortgage in two ways. First, interest is calculated on the net balance daily, not on the full principal. Second, every dollar of payment that is not consumed by interest falls to principal, so the balance pays down faster as your cash flow rolls through the linked account.

The product is sometimes called Wealth Builder. It is an adjustable-rate first-lien HELOC. The rate can change, which is part of the honest tradeoff. The calculator below lets you plug in your own numbers, see the comparison, and judge whether the structure fits your situation.

This tool is for illustration only and does not provide investment, tax, or legal advice. Consult your own financial, tax, and legal advisors before making decisions.

Your Numbers

Loan or line amount$750,000
Assumed rate (adjustable)7.000%

For illustration only. This is an adjustable-rate product; the actual rate adjusts monthly with SOFR. Not a rate offer.

Average cash kept in sweep account$50,000

Idle cash that sits in the linked checking account. The higher this average balance, the more interest the sweep offsets.

Extra monthly principal (optional)$0

Extra principal directed to the line each month, on top of the equivalent traditional payment.

Comparison term

Estimated Comparison

Estimated Interest Saved

$283,090

over 30 years

Traditional mortgage interest$1,046,317
Sweep HELOC interest$763,227
By keeping about $50,000 liquid in the sweep account, you could offset roughly $283,090 in interest and potentially retire the line about 4.7 years sooner than a traditional mortgage of the same size and assumed rate. Estimates only.

Comparison assumes the same monthly principal-and-interest dollars are paid on both paths. On the sweep HELOC, the cash offset means a smaller share of each payment goes to interest, so more falls to principal and the line pays down faster. Savings scale directly with your average cash balance; low balances produce little to no benefit.

Want me to walk through this with you?

Optional. Your results are already shown above. If you would like me to run the full analysis on your specific numbers and talk through whether the structure fits, send your contact info and I will reach out within one business day.

Estimates only. Actual results depend on rates, cash flow, spending, and timing, all of which vary. The sweep option is an adjustable-rate first-lien HELOC; rates and payments can change. Not a commitment to lend. All loans subject to qualification. Equal Housing Opportunity. Jennifer Kirby, NMLS# 2672337.