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VA Loan Calculator for Florida - 2021

Florida state flagAccording to the U.S. Census Bureau, there are 1.6 million veterans in Florida. If you are eligible for a VA home loan, you will be happy to know that VA mortgages do not require a down payment! That’s right, zero down payment with a VA home loan! And, the seller is allowed to pay all of your closing costs. With low interest rates, no down payment and seller paid closing costs, now is the time to buy a home in Florida. Use the Florida VA calculator to estimate your VA loan payment and loan amount. The Florida calculator will also estimate the updated VA funding fee for active duty vets and reservists. Learn more about Veteran Loans. Last updated 1/2021

  VA Entitlement Worksheet
  Sales Price (or Appraisal whichever is less)  
  Down Payment  
  VA Eligibility  
  Funding Fee    
  Used entitlement (not restored, if applicable)  
  Interest Rate  
  Term  
  Monthly Payment  
  Principal & Interest  
  Annual Real Estate Taxes /12 =  
  Annual homeowner's insurance /12 =  
  TOTAL PAYMENT  
  Mortgage Amount
  Base Mortgage  
  VA Funding Fee  
  Full Mortgage  
     
  Required Down Payment  
  Guaranty Percentage