VA Mortgage Calculator

Veteran Home Loans Rates  for  7/27/2008
30 Year Fixed ----------------- 0.000 points 6.500% 6.618% APR		15 Year Fixed ----------------- 0.000 points 6.500% 6.500% APR		Hybrid 3/1 ARM ----------------- 0.000 points 7.500% 8.000% APR

Frequent Question # 1: -- -- -- -- -- -- -- -- Definition of a VA Loan - What is a VA loan? -- -- -- -- -- -- -- -- The VA loan began in 1944 through the original Servicemen's Readjustment Act, also known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with no down payment. This feature was designed to provide housing and assistance for veterans and their families, and the dream of home ownership became a reality for millions of veterans. VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan. The guaranty replaces the protection the lender normally receives by requiring a down payment allowing you to obtain favorable financing terms. -- -- -- -- -- -- -- -- >> 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 - Loan Consolidation Calculator

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?

	# of Pmts	Interest Rate	Principal	Monthly Payment	Total Interest
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	# of Pmts	Interest Rate	Total Debt	Monthly Payment	Total Interest
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DISCLAIMER: The prequalification 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.