Let's Make This Real

Fill in your details and we'll send the full quote breakdown.

Your information is secure and will only be used to provide you with personalized loan options.

Your information is secure and will only be used to provide you with personalized loan options.

Todd Hanley Mortgage Team

Instant VA Eligibility Calculator

VA Loans: $0 Down | No Monthly Mortgage Insurance

VA Guideline: 41% DTI (soft) | Residual income required by region & household size

Used for the VA residual income guideline (required in addition to DTI).

No VA loan limit with full entitlement
0.0%

Subsequent use has a higher funding fee below 5% down.

Exempt if receiving VA disability compensation, a Purple Heart recipient, or an eligible surviving spouse.

1 person
$72,000 annually

After taxes and deductions — this is what VA's residual income test actually uses.

75% Counted: $0
Today's Market Rates
Loading rates...
$4,000 annually
$1,400 annually
Funding Fee: 2.15% - $8,600 (financed)
No monthly mortgage insurance — VA has none
Car payments, credit cards, student loans, etc.
Total DTI: 0.0%
All Debt
Guideline: 41% (soft)
Residual Income: $0
Required: $0
Net income minus PITI & debt
Results = Estimates (Not an Offer) Eligibility estimates shown are for educational purposes only and are not a loan approval, commitment, or rate lock. Payments shown are principal & interest (P&I) only and do not include taxes, homeowner's insurance, HOA/condo dues, or flood insurance. VA funding fee, DTI guidelines, and residual income requirements are subject to change. Your actual eligibility depends on entitlement, credit, income verification, and underwriting review.
Loan Amount:
$0
Monthly Taxes:
$0
Monthly P&I:
$0
Monthly MI:
$0 (none)
Monthly Insurance:
$0
HOA Dues:
$0
Total Monthly Housing Payment:
$0
Status: WITHIN VA GUIDELINES
Todd Hanley

Thank You for Your Service — Let's Put Your VA Benefit to Work

VA loans offer $0 down and no monthly mortgage insurance — a real advantage over FHA and Conventional for eligible veterans. Most buyers don't realize disability compensation can waive the funding fee entirely. I walk every veteran through the real numbers so there are no surprises at the closing table.

— Todd Hanley, Senior Loan Officer | RICP

Schedule Your Free Strategy Session

Select a date and time that works for you

Loading available times...

Sun
Mon
Tue
Wed
Thu
Fri
Sat
Available times:
Your Selected Time

Request Sent!

Your requested time is being held while Todd confirms it. You'll receive a confirmation email once it's approved, usually the same day.

Date & Time
Duration15 minutes
WithTodd Hanley, RICP®

How This Calculator Works & Key Assumptions

This calculator provides estimates for educational purposes only. It is not a loan application, pre-approval, commitment to lend, or rate lock.

  • $0 down payment is available with full VA entitlement — no county loan limit applies.
  • VA funding fee is financed into the loan, not paid upfront. It's 2.15% (first use) or 3.30% (subsequent use) below 5% down, dropping to 1.50% at 5-9.99% down and 1.25% at 10%+ down. It's waived entirely for veterans receiving VA disability compensation, Purple Heart recipients, and eligible surviving spouses.
  • No monthly mortgage insurance — VA loans never charge it, unlike FHA (which has both an upfront and ongoing monthly MIP).
  • DTI of 41% is a guideline, not a hard cap — VA underwriters can approve higher DTI when residual income is strong.
  • Residual income is VA's real backstop: leftover monthly income after your mortgage payment and debts, checked against a table by region and household size. This is often more decisive than DTI for VA loans.
  • Payments are P&I only in the housing payment estimate — actual payments also include property taxes, insurance, and possibly HOA dues (shown separately above).

This tool helps you understand your VA eligibility before speaking with a loan officer. Final eligibility requires entitlement confirmation, income, and credit verification.

Todd Hanley, RICP® | Senior Loan Officer | NMLS #1013665 | Todd Hanley Mortgage Team powered by United Direct Lending | NMLS #1013665 | 5550 Glades Rd, Suite 500, Boca Raton, FL 33431 | Licensed in FL, TX, NJ | Equal Housing Opportunity | Not a commitment to lend. Not all will be eligible.