MONTHLY HOME PAYMENTS
The more you know.....
Most online mortgage payment calculators ONLY calculate your principal and interest.
For example: Your principal and interest on a VA guaranteed home loan for
$200,000 at 3% % interest rate would be approximately $ 863 (principal and interest only).
* However *
Your ACTUAL monthly home payment on a VA loan will typically include
principal, interest, TAXES and INSURANCE.
Therefore, your VA guaranteed home loan monthly payment will be approximately
$ 863 PLUS the cost of insurance and taxes.
Taxes and insurance costs will vary depending upon the city and/or county
in which the home is located and the value of the home you purchase.
Call me at 254-702-2525 or Email me
for more specific payment information for homes within your price range.