Hi Lesley,
The best people to give you the loan calculation answers are the loan officers. The information you will need is the interest - when you have that information to calculate you fill in the amount of your loan, the interest rate, and the number of months- typically its a 30 year mortgage or 360 payments. This will give you an idea of your principle and interest. To that monthly amount you would also add taxes and insurance to figure a monthly payment. There are some really great financial institutions out there that work with VA loans, take a few minutes to call some in your area to see what is your loan amount and what your interest rate would be! Once you have that information you are ready to look for the right houses in your price range, and that is the time to work with a Realtor!
I hope this was helpful,
Thanks and enjoy your day
Debby
Century 21,Venture Ltd
1 Orchard St
Augusta, Me 04330
207-462-9583 - Tue Mar 31 2009, 14:13