Texas veterans home loan & VA calculator

Texas state flagAccording to the U.S. Census Bureau, there are 1.6 million veterans in Texas as of 2012. Texas vets can use our VA Home Loan Calculator to quickly and easily calculate a VA loan payment with taxes and insurance, including jumbo VA home loans. The calculator will also estimate your VA Funding Fee. The VA funding fee is a fee paid to the Veteran's Administration to help support the VA home loan program. The fee is determined by the type of service (i.e. active duty or reservist), down payment, and if the vet has previously used his or her eligibility.

Learn more about Veteran Loans. All VA loan limit (full guaranty) for all Texas counties in 2016 is $417,000. The VA calculator is updated to 2016 VA Texas County Loan Limits

Texas Veteran Loan Calculator | Texas Vet Loan Rates | 2016 Texas VA Loan Limits |

  Texas VA Loan Calculator
  Sales Price (or Appraisal whichever is less)
  Down Payment
  VA Eligibility
  Funding Fee  
  Used entitlement (not restored, if applicable)
  Interest Rate
  Monthly Payment
  Principal & Interest
  Annual Real Estate Taxes /12 =
  Annual Homeowners Insurance /12 =
  VA Mortgage Amount
  Base Mortgage
  VA Funding Fee
  Full Mortgage
  Required Down Payment
  Guaranty Percentage

Questions About VA Home Loans

► Are VA loan rates fixed in Texas?

The VA interest rates can be fixed or adjustable.

► Can closing costs be financed in VA loan?

Closing costs cannot be financed in the VA loan, although, the VA funding fee is permitted to be included with the mortgage.

► Do I have to pay pmi on VA loan?

No. PMI and MIP are not required on a VA home loan. The monthly savings enables veterans to qualify for a larger loan.