Current VA Mortgage Rates: How to See Yours
Your VA rate depends on your credit, your loan and the day you lock, so any single number posted online goes stale fast. Here’s how rates work, how loan terms compare, and how to see an estimate built on your own scenario.
1. See your estimate
Get example rates and payments for your scenario in a couple of minutes.
Live VA estimates →2. Check your budget
Find a payment and price range that feels comfortable.
Affordability calculator →VA loan terms side by side
Every term can be a VA loan. Here is how they compare in general. Your own estimate shows the exact numbers.
| Term | Monthly payment | Total interest | Equity builds | Often a fit for |
|---|---|---|---|---|
| 30-year | Lowest of the three | Highest of the three | Slowest | Keeping payments low and room in your budget |
| 20-year | In the middle | In the middle | Moderate | Balancing interest savings with a manageable payment |
| 15-year | Highest of the three | Lowest of the three | Fastest | Strong income and a goal of owning your home sooner |
What sets your VA rate
We don’t post one number here, because your rate depends on you and a posted number can be out of date by the afternoon.
- Your credit profile and overall financial picture.
- The loan amount and any down payment.
- The loan term you choose.
- The property and how you’ll use it.
- Points and credits, if you choose to buy the rate down.
- The market on the day you lock.
$0 down
With full entitlement, many VA buyers can finance 100% (closing costs still apply).
No monthly PMI
VA loans have no monthly mortgage insurance. A one-time funding fee may apply unless you’re exempt.
No prepayment penalty
Pay extra toward principal any time and shorten your loan without a fee.