VA Mortgage Calculator

Veteran Home Loans Rates  for  7/04/2009
30 Year Fixed ----------------- 0.000 points 5.500% 5.610% APR		15 Year Fixed ----------------- 0.000 points 5.500% 5.686% APR

Frequent Question # 10: -- -- -- -- -- -- -- -- Adjustable Rates - Do I have to take a fixed-rate VA loan? -- -- -- -- -- -- -- -- Veterans who shop around will learn it's possible to get a fixed rate loan, negotiated with the lender of your choice. Another option? The adjustable rate loan, where interest may be adjusted one percent annually, up to five percent over the duration of the loan period. Which to choose? No matter which way you think is best, do your homework, shop around and get the best rate possible. Some make the mistake of taking the first offer that sounds fair, but don't be intimidated by the process. You may be eager to get the "hard part" over with and get into a home. Take some time to research the biggest purchase of your life! When in doubt, consult an expert, a legal advisor or a trusted friend in the real estate business. The more research you do, the better you'll feel at closing time. The VA is in the business of loan guaranty, but the choice of which loan to take is strictly up to you. It's also a good idea to look for businesses who make a habit of cultivating customers who are veterans--you may find their expertise in VA matters quite valuable to reduce unnecessary waiting times on paperwork. -- -- -- -- -- -- -- -- >> VA Loan Testimonials -- -- -- -- -- -- -- -- MONTGOMERY GI BILL Earning a degree online is flexible and convenient, making it easy for busy individuals to fit online courses into their lives. University of Phoenix DeVry University Westwood College CTU Online Capella University American Military University Kaplan University > more GI Bill schools

VA Mortgage - How much can I borrow?

Calculators >>

-- How much can I borrow? -- How much can I afford? -- How much are my VA loan payments? -- Show my VA loan amortization schedule. -- Compare 3 different veteran mortgages. -- How much can I save by consolidating?

Below you'll find a simple veteran mortgage calculator which allows you to see an amortization schedule of a VA loan. It will show you how much of your veteran mortgage payment goes towards the principle and how much towards interest. This VA loan calculator should be used only for estimates; it doesn't allow for taxes and insurance.

First Payment Year	2009 2010 2011 2012 2013 2014 2015
Mortgage Amount
Interest Rate	%
Mortgage Length	30 15 10 7 5 Years
Payment Frequency	Monthly
Payment Amount
Total Interest
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, a monthly mortgage insurance payment may be required.