VA IRRRL Savings Calculator

Calculate your potential savings when refinancing from a conventional loan to a VA loan

*VA rates average 0.375% lower than conventional rates based on 2024-2025 market data

Loan Amount

$400,000

Current Conventional Rate

7.000%

New VA Rate (Auto-calculated)

6.625% (-0.375% spread)

Current Conventional Payment

Principal & Interest Only

New VA Payment

Principal & Interest Only

Your Potential Savings

Monthly Savings

Annual Savings

5-Year Savings

Typical VA Funding Fee (2.15%):$8,600

Break-even (months):0

Note: This calculator provides estimates for principal and interest only. Actual payments will include taxes, insurance, and other fees. VA rates shown reflect average market spreads of 0.25-0.47% below conventional rates based on 2024-2025 data. Your actual rate will depend on credit score, loan amount, and market conditions.