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National City, CA 91950

$385,000 · House · 2 bed · 1.5 bath

3.50% FHAAssumable Loan

Estimated Monthly Savings

$1,181/mo

compared to a new 30-year loan at today's 7% rate

Equity Gap

$103,000

Remaining Balance

$282,000

Monthly Payment

$1,380

Equity Gap Calculator
Equity Gap$103,000
Second Loan Needed$103,000
Assumed Payment$1,380/mo
Est. Second Loan Payment$792/mo
Blended Payment$2,172/mo
New Loan at 7% (comparison)$2,561/mo
Estimated Monthly Savings$389/mo

Assumptions: 7% comparison baseline, 8.5% second loan rate, 30-year amortization.

This calculator is for informational and educational purposes only. It does not constitute a loan offer, pre-approval, or financial advice. Actual terms, rates, and eligibility will vary. Consult a qualified mortgage professional.

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Loan details are provided and attested to by the listing agent. All mortgage assumptions require lender approval as a standard part of the process. This calculator is for informational purposes only and does not constitute a loan offer or financial advice. Passage is not a lender, broker, or financial advisor.