Estimated
Monthly Payment:
Annual homeowners insurance is typically 0.35% of the home's value but can vary based on insurer.
This fee is required by the Department of Veterans Affairs to help keep the VA loan program available for future Veterans. It does not go to Veterans United and can be paid upfront at closing or added to your loan amount.
The amounts that go toward your principal and interest will change over the life of the loan. As the loan progresses, your principal payments will increase while the interest portion decreases.
As of August 2022
This chart breaks down each payment and shows how much is going toward the principal and interest.
| Date | Principal | Interest | Remaining Balance |
|---|---|---|---|
| Date | Principal | Interest | Remaining Balance |
|---|---|---|---|