Calculator
VA refinance
A streamline or cash-out VA refinance, with the fee and the new payment side by side against what you pay now.
VA Refinance Purpose
Current Loan
$
%
$
New Loan
$
%
Monthly Savings
+$227
Current Payment$2,388
New Payment$2,161
Final Loan Amount$360,450
VA Funding Fee$4,450
IRRRL streamlines have minimal underwriting requirements; cash-out allows up to 90% LTV — the highest in the industry.
What this is telling you
Streamline refinances have lighter documentation but they still have a fee, and the fee still has to be earned back.
An estimate from the assumptions above, not a quote and not an offer to lend. Rates, taxes, insurance and mortgage insurance all vary by property, credit profile and day.
Want somebody to check the assumptions?
Send us the numbers you put in and we will tell you which of them an underwriter would push back on.
Or call(503) 555-0175and ask for whoever is free.
