USDA
Approved
La Mesa, CA 91942
$495,000
Interest Rate
3.13%
Remaining Balance
$360,000
Equity Gap
$135,000
Monthly Payment
$1,680/mo
Original Loan
$395,000
Years Remaining
24
Equity Gap Calculator
Equity Gap$135,000
Second Loan Needed$135,000
Assumed Payment$1,680/mo
Est. Second Loan Payment$1,038/mo
Blended Payment$2,718/mo
New Loan at 7% (comparison)$3,293/mo
Estimated Monthly Savings$575/mo
Assumptions: 7% comparison baseline, 8.5% second loan rate, 30-year amortization. This is an estimate only and does not constitute financial advice.