VA Loan Calculator
Funding fee, no PMI, and origination capped at 1%.
Current Market Rates
30-yr Fixed6.50%15-yr Fixed5.80%VA 30-yr6.10%
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VA benefits: no down payment required in many cases, no PMI, and a capped origination fee.
- $0 Down Payment Often Available
- No Private Mortgage Insurance (PMI)
- Origination Fee Capped at 1% by VA
Patricia is a USA Cares Certified Military Housing Specialist.
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Results
- VA funding fee ($)
- $8,600.00
- Funding fee rate
- 2.15%
- Total financed loan amount
- $408,600
- Monthly P&I
- $2,476
- Total monthly PITI (no PMI)
- $2,993
- Est. monthly PMI savings vs. conventional
- $100
VA loans cap lender origination at 1% of the loan amount.
Want expert guidance? Schedule a consultation with Patricia.