More than 24.4 million veterans and service personnel are eligible for VA financing. Even though many veterans have used their loan benefits, it may be possible for them to buy homes again.

VA Mortgage Calculator

How much can I borrow?
How much can I afford?
How much are my payments?
Show me my amortization schedule.
Compare 3 different loans.
How much can I save by consolidating?

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


Salary/Wages
Other Income

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Auto Payment
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Loan Term	Years
Interest Rate	%


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.

FREQUENTLY ASKED QUESTION # 28 [ -more VA Loan questions- ]
- - - - - -
Q: I Can't Find A House - Do I have any alternatives?

A: Those with VA loan eligibility or pre-approval may, depending on the location, have trouble finding new homes for sale. Fortunately, there are alternatives. In many areas, the VA can offer repossessed homes available for purchase to qualified buyers. You may also wish to inquire about state programs. Much the same as your veteran educational benefits, individual states offer veteran programs independently of the your federal benefits. Contact the VA office in your area to learn what may be available. Every state has different options, you may find just what you are looking for! Don't forget that the qualifications and requirements may also differ from federal guidelines.

VA Loan Rates
for 5/12/2008

30 year fixed
-----------------
0.000 points
6.000%
6.110% APR

15 year fixed
-----------------
0.000 points
6.000%
6.190% APR

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Life Insurance for Military Members

Montgomery GI Bill benefits can get you started:

- AIU Online
- Capella University
- DeVry University
- Kaplan University
- Westwood College
- Walden University
- Strayer University
- Virginia College
- Grand Canyon U.
- Grantham Univ.
- Jones Int'l Univ.
- South University
- Ellis College
- CTU Online
- Baker College

VALoans.com is a private company specializing in VA financing and is not a government agency.

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Use Your GI Bill Benefits
Education plus military training can be an unbeatable combination for a military promotion or for a civilian career.

The Montgomery GI Bill provides up to 36 months of education benefits for Active Duty, Selected Reserve, and Military Veterans.

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VA Mortgage Calculator
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Veteran Benefits
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					Additional Mortgage Sites: FHA Loan FHA Mortgage FHA Home Loans