VA Streamline Refinance Calculator – Understand Your Savings Opportunity

The “refinance decision” is all about the numbers. If you want to lower your payment or reduce the length of your loan term, a VA Streamline Refinance is worth your time. Interest rates have hit 40-year lows in the past couple years, making it the perhaps the most opportune time to take advantage and lower your mortgage costs.

Bottom line: if you want to reduce your mortgage costs, take advantage of your VA Streamline (IRRRL) benefit.

Ready to do your homework and understand how low VA rates could help reduce your mortgage costs? Use this VA refinance calculator to get a better understanding of how a VA streamline refinance could help improve your financial situation.

VA Loan Calculator

Home Price:

Down Payment: Not required

Loan Term (years):

30 15

Interest Rate:

Advanced Options

Service Type:

Active/Retired Guard/Reserves

VA Loan Use:

First Use Subsequent Use

State: AL AK AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC NE NH NJ NM NV NY ND OH OK OR PA RI SC SD TN TX UT VT VA WA WI WV WY

Property Tax:

Homeowners Insurance:

HOA/Other:

Funding Fee: $2,500

Funding Fee Percentage:

Total Loan Amount:

Payment Breakdown

• Principal and Interest
• Property Tax
• Homeowners Insurance
• HOA/Other

*You could save up to $3,000 in interest payments by comparing rates from multiple lenders

Request Rates

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Most financial experts recommend veterans compare (aka “shop around”) VA refinance estimates from top lenders.

Join the millions of veterans who have refinanced with the VA Streamline – contact a VA-approved refinance lender.

I’m Ready to Apply for a VA Streamline. What’s my Next Step?

Call (866) 240-3742 or simply complete our online form for a free, no obligation VA streamline rate quote. Rates are low and it’s a great time to lower your home payment.

Source of information on this page: VA Handbook

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