Charles Dailey
Branch Manager - NMLS ID 79048
iLoan - NMLS ID 4474
2324 University Avenue West, Suite 202
Saint Paul, MN 55114
612.234.RATE (7283)
www.charlesdailey.com
www.apply.charlesdailey.com
charles@charlesdailey.com

VA Housing Payment Calculator

Have you had a VA loan Previously
Are you receiving service related disability
Did you serve as a Reservist
Monthly Payment
VA Funding Fee
Purchase Price
Taxes
Insurance
Condo Fees
Down Payment
Max. Loan Amount
Rate / APR
/
Loan Term
Click to Open Net Cost Analysis Section
Adjust your Marginal Tax Bracket
Tax Savings on Mortgage Interest
Tax Savings on Real Estate Taxes
Deductible % of Condo/Coop Fee
Tax Savings on Condo/Coop or HOA Fee
Adjust the expected Rate of Appreciation
Total Payment
-
Principal
-
Tax Savings
-
Appreciation
=
Net Cost
How does the VA Funding Fee work?
VA Purchase Loans
Down Payment < 5%
2.15% - First time VA loan user (non-reservist) 2.40% - First time VA loan user (reservist) 3.30% - Subsequent use VA borrowers
5% to 9.99% Down Payment
1.50% - non-reservist 1.75% - reservist
10% or more Down Payment
1.25% - non-reservist 1.50% - reservist
VA Refinance Loans
Cashout Refinance
2.15% - First time VA loan user (non-reservist) 2.40% - First time VA loan user (reservist) 3.30% - Subsequent use VA borrowers
Note: All VA loan refinances that are not Interest Rate Reduction Refinance Loans (IRRRL) are considered cashout refinances. Interest Rate Reduction Refinance Loan 0.05% - VA IRRRL
VA Funding Fee Exemption
Veterans with service related disability of 10% or more are exempt from the VA funding fee in most cases. Your certificate of eligibility will state your exempt status.
What are the VA Loan Limits where I live?

VA Conventional/Conforming Loan Limit Look Up

Choose State

Choose County

County Loan Limit
This information does not constitute an application nor a Good Faith Estimate. Every effort has been made to assure the accuracy of the information and mathematical calculations provided by these calculators however, the provider, makes no guarantee and maintains no liability for use of or reliance upon the results. These calculations represent "what if" scenarios, are educational in nature and where projections are illustrated, they are not intended to predict future performance of the markets and/or specific properties.