VA
Approved
San Diego, CA 92037
$1,200,000
Interest Rate
3.25%
Remaining Balance
$820,000
Equity Gap
$380,000
Monthly Payment
$3,570/mo
Original Loan
$900,000
Years Remaining
27
Equity Gap Calculator
Equity Gap$380,000
Second Loan Needed$380,000
Assumed Payment$3,570/mo
Est. Second Loan Payment$2,922/mo
Blended Payment$6,492/mo
New Loan at 7% (comparison)$7,984/mo
Estimated Monthly Savings$1,492/mo
Assumptions: 7% comparison baseline, 8.5% second loan rate, 30-year amortization. This is an estimate only and does not constitute financial advice.