VA HOME LOAN PAYMENT CALCULATOR
CALCULATE YOUR CLIENTS ESTIMATED MONTHLY PAYMENT WITH THE FUNDING FEE, ESTIMATED TAXES, AND INSURANCE INCLUDED.
If you would like to send this calculator to your clients please send them this link – www.va-loan-specialist.com/va-loan-calculator/
Amount Financed: Purchase Price (-) Down Payment (+) VA Funding Fee
VA Funding Fee: The VA Funding Fee is paid to the VA to help fund the program and varies depending on the type of service, loan amount, down payment and subsequent VA Loan usage. This fee can be paid in cash, but most veterans will roll the cost of the funding fee into their monthly payments. The VA Funding Fee is waived for veterans who have 10% or more VA Sevice Connected Disability, and surviving spouses of veterans who died in service or as a result of their service-connected disability.
Estimated Taxes & Insurance: Property taxes are going to vary based on your location. Annual homeowners insurance will also vary depending on the insurer. Your Loan Officer can help you determine the property tax and insurance rates in your area.