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VA vs FHA vs Conventional Wealth Simulator

You & The Property

7 years

Loan Terms & Assumptions

Monthly Cost of Ownership

Property taxes use state average effective rates. Insurance estimated at 0.35% of home value. PMI estimated at 0.7% of loan amount. FHA MIP rates per 2024 guidelines. Your actual costs will vary by county, insurer, and lender. VA loan assumes full entitlement — if you have an existing VA loan, your remaining entitlement may require a down payment. Check your Certificate of Eligibility at VA.gov.

Your Veteran Property Tax Savings

Property tax rates shown are state-wide averages. Actual rates vary by county and municipality. Exemption eligibility may have additional requirements not captured here — verify with your county tax assessor.

Cash Position Analysis

Cumulative Cost Over Time

The Bottom Line

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