 |
VA Loan 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?
This loan calculator will allow you to compute up to three VA home loans and compare the
results. Enter the first three items and the fourth is calculated for you. To
move between the fields of the mortgage alculator table use the TAB key or click with
the mouse on each field.
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.
|
FREQUENTLY ASKED QUESTION # 30 [ -more VA Loan questions- ]
- - - - - -
Q: Improving Credit - How can I help myself before applying for a VA home loan?
A: Because your VA loan eligibility depends on your debt ratio, it's a good idea to start thinking about fixing your credit long before actually filling out loan paperwork. The best way to help yourself out is to follow the advice of a credit counselor, but you can also take steps on your own to increase your eligibility for a VA home loan. Eliminate as much credit card debt as possible. If you can get yourself down to a single card and stay that way for six months, you will be well on your way to improving your debt ratio and your credit rating. Remember that the maximum debt ratio allowed for approval is 41%, and that your credit rating is also a factor. If you are within a few months of paying off a major debt such as an automobile loan, do so as quickly as possible. You'll most likely need to allow for credit reporting agencies to "catch up" with your newly paid off cards and loans.
|
 |
|
VA Loan Rates
for 8/21/2008
30 year fixed
-----------------
0.000 points
6.500%
6.618% APR
15 year fixed
-----------------
0.000 points
6.500%
6.500% APR
Life Insurance for Military Members
|
- 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.
|
|
 
|
Get Started with a
VA Home Loan
|
Copyright © 1997- 2008
VALoans.com
All Rights Reserved
Web Design
Archimage
Houston, Texas
|
