passageView Full Listing →

San Diego, CA 92103

$500,000

2.00% FHAAssumable Loan

This Loan

$3,500

per month

vs

New Loan at 7%

$3,327

per month

Equity Gap

$250,000

Remaining Balance

$250,000

Monthly Payment

$3,500

Equity Gap Calculator
Equity Gap$250,000
Second Loan Needed$250,000
Assumed Payment$3,500/mo
Est. Second Loan Payment$1,922/mo
Blended Payment$5,422/mo
New Loan at 7% (comparison)$3,327/mo
Estimated Monthly Savings$-2,096/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.

Interested in this home?

Submit an inquiry and the listing agent will be in touch.

Create a free account to contact the listing agent.

Sign Up FreeSign In
ℹ️

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.