VA
Approved
Carlsbad, CA 92008
$750,000
Interest Rate
2.88%
Remaining Balance
$565,000
Equity Gap
$185,000
Monthly Payment
$2,310/mo
Original Loan
$600,000
Years Remaining
25
Equity Gap Calculator
Equity Gap$185,000
Second Loan Needed$185,000
Assumed Payment$2,310/mo
Est. Second Loan Payment$1,422/mo
Blended Payment$3,732/mo
New Loan at 7% (comparison)$4,990/mo
Estimated Monthly Savings$1,257/mo
Assumptions: 7% comparison baseline, 8.5% second loan rate, 30-year amortization. This is an estimate only and does not constitute financial advice.