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Use your VA loan to buy a home with no down payment. The Department of VA recently increased the Maximum Guaranty Amount for veteran home loans to as much as $729,750.
Qualify for a VA Home Loan
PROPERTY LOCATION
LOAN PURPOSE
 
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- What is a VA Loan?
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- April 2013
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VA Mortgage Calculator

How Much Can I Borrow?
How much can I afford?
How much can I borrow?
How much are my payments?
Compare 3 different loans.
Show me my amortization schedule.



Use the following calculator to determine the maximum monthly payment (P+I) and the maximum loan amount for which you may qualify. Enter all income and expenses as MONTHLY figures, not annual.

Income:
Salary/Wages
Other Income

Housing Expenses:
Property Taxes
Hazard Insurance

Other Expenses:
Auto Payment
Credit Cards and Other Payments

Loan Term and Interest Rates:
Loan Term Years
Interest Rate %
   

Results:
You may qualify for a maximum monthly mortgage payment (P+I) of
You may qualify for a maximum loan amount of

DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home or are applying for an FHA loan, a monthly mortgage insurance payment may be required. There are no monthly mortgage insurance payments on VA loans.
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VA LOAN RATES
National Averages
for 5/23/2013

30 Year Fixed
0.000 points
3.500% / 3.580% APR

15 Year Fixed
0.000 points
3.250% / 3.400% APR


Vital information for using your VA benefits to buy a home.
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Put your home equity to work!

This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency.
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