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Do I qualify for a VA loan?
Please enter a purchase price to generate your VA loan summary.
VA funding fee percentage is also impacted by making 5% or more down payment.
5% down decreases the funding fee to 1.50%. A down payment
of 10% or more reduces the funding fee to 1.25%.
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The VA payment calculator calculates an accurate VA mortgage payment by accounting for
the appropriate VA funding fee, down payment, property taxes, and homeowner's insurance.
VA loans are mortgages guaranteed by the Department of Veteran's Affairs.
Eligible veterans and active duty military can purchase a new home with no money
down and pay no monthly PMI. VA loans can be eligible for Interest Rate Reduction
Refinance Loans when mortgage rates decrease.
2017 VA County Loan Limits & VA entitlement calculator are now available.
While a VA loan will finance 100% of the purchase price in most cases, it is important to know the VA loan limit in your
county when shopping for a new home.
2017 VA County Loan Limit Lookup
Calculate remaining VA entitlement if you already have a VA loan or have had a VA foreclosure or short sale...
Seller paid closing costs are a great way to minimize your out of pocket cash to close. 3% (the conventional max) to 6% (the FHA max) is common...
The VA funding fee chart demonstrates the various ways in which the VA funding fee applies. VA collects a premium on most loans known as the VA funding fee...
VA loan eligibility grants veterans and active duty military the right to purchase a new home with no money down at excellent interest rates...
*All calculations on www.WhatsMyPayment.com are for demonstration purposes only.
Every effort is made to maintain accurate calculations for each program listed.
Actual numbers may vary.
What's My Payment, LLC (WMP) & www.whatsmypayment.com is not affiliated with FHA, VA, USDA, Fannie Mae, Freddie Mac, or
any government agency, nor does it offer or originate mortgage loans.