Instrument No. 03
The Madison Method
Vol. I · Blended Rate Engine DebtScope.net
Wes Covert · NMLS 274635
NEXA Mortgage, LLC · NMLS 1660690
AXEN Realty · DRE 01269064
A Madison Method Instrument

The Blended Rate Engine.

Your mortgage rate is one number. Your true cost of borrowing is another — weighted across every dollar you owe. This instrument reveals the gap, shows you where the cost lives, and maps the path out.

Inputs · Your Debt Stack
0 ACTIVE
First Mortgage
P&I only
Credit Cards
Add each card separately
Auto Loans
Add each loan separately
HELOC / Second Lien
If applicable
Personal / Other
Student, personal, BNPL
Home Value
Used for the equity & Path C/D analysis
$
Live Readout
Awaiting Inputs
Blended Rate
Weighted cost across your stack
Your mortgage rate is one input. This is what every borrowed dollar actually costs you — the number to measure every payoff and refinance decision against, not the one on your statement.
Structure Tax™
Annual interest above mortgage baseline
The cost of how your debt is arranged — not how much you owe, and not your mortgage rate. Structure can usually be fixed without touching the mortgage.
Total Debt
Annual Interest
Monthly Outflow
Debt Composition
Enter your debts to begin
The Blended Rate Engine reveals the real weighted cost of your debt stack. Enter your balances, rates, and minimum payments to produce a live readout.
The Next Step
When you're ready to see whether your structure can be engineered down, book a Madison Method review — or have this readout sent to your inbox.
Book the Review Email me my readout
§ 02

Here's how your debt disappears.

Month by month, debt by debt. No new loans, no restructuring — just the same money you're already spending, applied in a smarter order.

Right now you're making minimum payments on everything. Watch what happens if you keep making the exact same total monthly payment — but quietly direct the extra dollars toward your highest-rate debt first. Each time a debt is paid off, that freed-up payment rolls into the next one. This method is called the debt avalanche, and it's the fastest mathematically legal way out of consumer debt.

Your Payoff Order
Your Four Options

The avalanche above is one path — the just pay it down path. There are three others. Each handles the same debt differently, with different trade-offs.

Path A
Pay It Down
No new loans. Reorder your payments using the debt avalanche — highest rate first. The money you free from each eliminated debt attacks the next one.
Consumer debt free
Interest saved vs minimums only
Review Path A with Wes
Path B
Restructure
Consolidate consumer debt into a single lower-rate instrument. One payment, predictable timeline. Mortgage stays untouched.
Your weighted consumer rate
%
Interest reduced per year
The rate above is your assumption, entered for illustration — not an available rate, a quote, or an offer. Consolidating debt may extend your repayment period and result in higher total interest paid over time, even if your monthly payment decreases.
Review Path B with Wes
Path C
Use Your Equity
Access home equity to eliminate high-rate consumer debt. Converts unsecured debt to secured — requires careful analysis of trade-offs.
Total equity (est.)
Accessible at 80% CLTV (est.)
Consumer debt clearable
Your home is used as collateral. HELOC rates may increase over time, and repayment obligations can change materially. Accessible equity is shown at an illustrative 80% combined loan-to-value; actual limits vary by lender, program, and qualification.
Start the equity conversation
Path D · Dual-License Exclusive
Start Fresh
Sell your home, access equity, eliminate consumer debt from proceeds, and purchase your next home with a cleaner structure.
Est. sale price
Selling costs (est. 8%)
Mortgage & HELOC payoff
Available for consumer debt
Consumer debt
Debt cleared
Left for your next purchase
Selling a home involves transaction costs, replacement-housing risk, and strategy trade-offs that should be evaluated in full context. Figures assume estimated selling costs of 8% of sale price; actual costs vary.
Talk to Wes about Path D