The latest Va guarantees twenty-five% of your total amount borrowed. In cases like this, the borrowed funds matter is $500,000. For this reason, they will certainly be certain that $125,000 (500,000 x 0.25).

Now, i have a couple of numbers: your left entitlement of $101, once the guaranteed by Va in addition to number might must defense twenty-five% of the financing. Since your remaining entitlement actually equivalent to or even more than just $125,000, you’ll have to pay the differences. Ergo, on this subject variety of $500,000 loan, you’ll need to generate a down payment off $23,.

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