VA Refinance Calculator
Run a VA interest-rate-reduction refinance or a cash-out against your current payment, with the funding fee included in the comparison.
The loan you have
The new loan
Illustrative — not a quoted rate.
Lower each month by
$275
Costs and fee recovered at payment 38
An IRRRL is designed to lower the rate on an existing VA loan and has lighter documentation than a cash-out. Programme limits are set by the VA and the lender, not by this page.
Schedule for the new loan
30 years, running totals at each year end.
| Year | Paid in year | Interest | Principal | Balance | Interest to date | Principal to date |
|---|---|---|---|---|---|---|
| Year 1 · 2026 | $25,933 | $21,507 | $4,426 | $356,024 | $21,507 | $4,426 |
| Year 2 · 2027 | $25,933 | $21,234 | $4,699 | $351,324 | $42,740 | $9,126 |
| Year 3 · 2028 | $25,933 | $20,944 | $4,989 | $346,335 | $63,684 | $14,115 |
| Year 4 · 2029 | $25,933 | $20,636 | $5,297 | $341,038 | $84,320 | $19,412 |
| Year 5 · 2030 | $25,933 | $20,309 | $5,624 | $335,414 | $104,629 | $25,036 |
| Year 6 · 2031 | $25,933 | $19,962 | $5,971 | $329,444 | $124,592 | $31,006 |
| Year 7 · 2032 | $25,933 | $19,594 | $6,339 | $323,105 | $144,186 | $37,345 |
| Year 8 · 2033 | $25,933 | $19,203 | $6,730 | $316,375 | $163,389 | $44,075 |
| Year 9 · 2034 | $25,933 | $18,788 | $7,145 | $309,231 | $182,177 | $51,219 |
| Year 10 · 2035 | $25,933 | $18,347 | $7,585 | $301,645 | $200,525 | $58,805 |
| Year 11 · 2036 | $25,933 | $17,880 | $8,053 | $293,592 | $218,404 | $66,858 |
| Year 12 · 2037 | $25,933 | $17,383 | $8,550 | $285,042 | $235,787 | $75,408 |
| Year 13 · 2038 | $25,933 | $16,856 | $9,077 | $275,964 | $252,643 | $84,486 |
| Year 14 · 2039 | $25,933 | $16,296 | $9,637 | $266,327 | $268,939 | $94,123 |
| Year 15 · 2040 | $25,933 | $15,701 | $10,232 | $256,096 | $284,640 | $104,354 |
| Year 16 · 2041 | $25,933 | $15,070 | $10,863 | $245,233 | $299,710 | $115,217 |
| Year 17 · 2042 | $25,933 | $14,400 | $11,533 | $233,700 | $314,110 | $126,750 |
| Year 18 · 2043 | $25,933 | $13,689 | $12,244 | $221,456 | $327,799 | $138,994 |
| Year 19 · 2044 | $25,933 | $12,934 | $12,999 | $208,457 | $340,733 | $151,993 |
| Year 20 · 2045 | $25,933 | $12,132 | $13,801 | $194,656 | $352,865 | $165,794 |
| Year 21 · 2046 | $25,933 | $11,281 | $14,652 | $180,004 | $364,146 | $180,446 |
| Year 22 · 2047 | $25,933 | $10,377 | $15,556 | $164,448 | $374,523 | $196,002 |
| Year 23 · 2048 | $25,933 | $9,418 | $16,515 | $147,932 | $383,941 | $212,518 |
| Year 24 · 2049 | $25,933 | $8,399 | $17,534 | $130,399 | $392,340 | $230,051 |
| Year 25 · 2050 | $25,933 | $7,318 | $18,615 | $111,783 | $399,657 | $248,667 |
| Year 26 · 2051 | $25,933 | $6,169 | $19,764 | $92,019 | $405,826 | $268,431 |
| Year 27 · 2052 | $25,933 | $4,950 | $20,983 | $71,037 | $410,777 | $289,413 |
| Year 28 · 2053 | $25,933 | $3,656 | $22,277 | $48,760 | $414,433 | $311,690 |
| Year 29 · 2054 | $25,933 | $2,282 | $23,651 | $25,109 | $416,715 | $335,341 |
| Year 30 · 2055 | $25,933 | $824 | $25,109 | $0 | $417,539 | $360,450 |
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