How VA Loan Interest Rates and APR Works

Interest rates reflect the cost of borrowing money and directly affect your monthly mortgage payment. The VA loan program typically features lower average interest rates than other loans. See how VA interest rates work in an example using a 30-year fixed-rate loan at $300,000. Knowing how interest rates affect your loan will help you compare VA lenders when you're ready to take on a mortgage.

Time Stamps
0:24 - VA Loan Interest Rates
0:34 - Real World Interest Rate Example
1:10 - Lender Quotes an Interest Rate
1:22 - Floating Interest Rate
1:29 - Rate Locks
2:23 - Annual Percentage Rate (APR)
2:45 - Real World APR Example

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Видео How VA Loan Interest Rates and APR Works канала Veterans United Home Loans