VA Cash Out Refinance Calculator
Use this calculator to figure out how much money you can save by getting a VA cash out refinance loan.
Enter the current appraised value of your home.
Enter the remaining balance on your current mortgage.
Your current monthly mortgage principal & interest payment.
Enter your escrows.
Other Debts to Consolidate
Total balance of credit cards, auto loans, personal loans, etc.
Combined monthly payments on credit cards, auto loans, personal loans, etc.
New Loan Details
Enter the new annual interest rate.
Lender fees, title insurance, appraisal, recording fees, and other settlement charges rolled into the loan.
Upfront costs such as homeowners insurance premiums, property taxes, and prepaid interest due at closing.
Veterans with a service-connected disability are exempt from the VA funding fee.
Combined amount of all debts being consolidated.
Combined closing costs and prepaid expenses rolled into the loan.
Subsequent use cash-out refinance fee.
Total new loan amount including closing costs, prepaids, and funding fee.
Percentage of home value being financed.
The new monthly mortgage payment including escrows.
P&I ($1,400) + taxes & insurance ($350) + other debt payments ($650).
You save $396 per year by consolidating your debts.
Time to recoup closing costs based on your monthly savings.
Take the 30 second mortgage quiz to see if you qualify
