VA mortgage monthly payments in Florida

Calculate your VA mortgage monthly payment.

At Booyah Mortgage, we believe in giving our veterans as many tools as possible for success. This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home’s sale price, the term of the loan desired, buyer’s down payment percentage, and the loan’s interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

VA Loan Calculator

Contact Us

Have a question?
Email Us
Talk to us…
(844) 726-6924
Booyah Mortgage VA loan home buying tips

Get Our Free PDF

Ready to purchase your new home? Download our free Home Buying Tips and learn how to get the best possible deal.

Make sure you know how much house you can afford first.

Use the Booyah VA Mortgage Calculator to determine how much you’ll be able to afford in total to spend on a house. This will make it easier to calculate accurate payments, and will allow you to determine what kind of term will be the best fit for your situation. VA Loans are exceptions and typically do not require a down payment for approval. However, you can also consider making a down payment when purchasing a home to lower your monthly payments and the amount of interest you’ll end up paying in total.

Be a savvy shopper.

If you’re purchasing a new home and you know how much you can borrow, make sure to keep this amount in mind when shopping around so your monthly payments end up where they need to be as well. It’s also important to know how the housing market looks in your particular area. Knowing how much nearby homes are currently selling for can help you and your realtor find the best homes you can comfortably afford much easier.

How much of your income should be spent on house payments?

There are many unofficial numbers and percentages out there that advise people how much they should and shouldn’t spend on their monthly mortgage payments. For many, that ‘magic’ number is 28% of your income. Some other sources say that in a seller’s housing market, this percentage should be a bit higher and that no more than ⅓ (or 33%) of income should go toward a mortgage payment. These percentages are known as ‘front-end’ debt-to-income ratios, or ‘housing ratios.’

However, at the end of the day, it comes down to what you’re comfortable spending. Every individual is unique and has different levels and sources of income, as well as different standards of what they consider to be necessities or luxuries.

Booyah Mortgage is here to help. As a veteran-owned and operated business, we want to make sure that all of our veterans receive the best service possible. We will work with you and the lender to ensure that your monthly payments are affordable enough that you don’t have to sacrifice your current standard of living, while you continue to build equity and a strong future for yourself and your family.

Our Mission

“A “Veteran”- whether active duty, discharged, retired, or reserve- is someone who, at one point in his life, wrote a blank check made payable to “The United States of America,” for an amount of, “up to, and including his life.”  That is honor.  And there are way too many people in this country today, who no longer understand that fact.  Our mission is to ensure that we give back to those who wrote that check.”  –  Shane Johnson

Booyah Mortgage servicing Veterans across Lake Mary, Orlando, Jacksonville, Pensacola, the Gulf Coast, and All of Florida

Questions about VA home loans and the right mortgage for you and your family?
Give us a call (833) 726-6924

Booyah Mortgage VA lender Lake Mary FL

Are you ready to start with us?

Booyah VA Mortgage Florida service areas include: Brevard, Clear Water, Duval, Jacksonville, Fort Walton Beach, Key West, Lake Mary, Lynn Haven, Mary Esther, Miami, Miami Beach, Milton, Orlando, Panama City, Panama City Beach, Pensacola, Starke, Tallahassee, Tampa, Valparaiso, West Palm Beach, and all of Florida.