VA HOME LOAN TOOL - What can a e5, e7 or O3 afford in Hawaii?

By
Mortgage and Lending with Academy Mortgage Corporation

VA HOME LOAN TOOL

This is a tool that helps identify the maximum (conservative 40% dti if debt is low) loan amount that each rank can qualify for in Hawaii and Alaska. This tool uses Basic Housing Allowance (BAH) only and does not factor in COLA or BAS (if it did the loan amounts would be much higher).

You can always contact me www.directnationallending.com to get prequalified because approvals do vary based on credit worthiness and residual income as well.

Rates are hovering around 5.875% at Par and should stay at or below 6% until the election.

The VA homeloan still allows 100% financing and the maximum conforming loan limit has been increased up to $729,750 per the Dept. of Veterans Affairs until the end of the year.

If you need a knowledgeable, strong negotiating real estate agent (retired First Sergeant) to help you find a home in the price ranges listed below you will be doing yourself a favor by contacting he and his wife Tonya at www.davidkucic.com. Team Kucic and I have helped dozens of our Nations Finest secure sound real estate investments on Oahu.

May God Bless our Troops!

2008 BASIC ALLOWANCE FOR HOUSING (BAH)


BAH  (W/DPNDNTS) PP$   BAH  (W/O DPNDNTS) PP$

E9 $2868 $475k   E9 $2201 $370k
E8 $2650 $440k   E8 $2148 $350k
E7 $2460 $410k   E7 $1993 $325k
E6 $2286 $375k   E6 $1873 $310k
E5 $2114 $350k   E5 $1794 $300k
E4 $1985 $320k   E4 $1669   $270k
E3 $1985 $320k   E3 $1669 $270k
E2 $1985 $320k   E2 $1669 $270k
E1 $1985 $320k   E1 $1669 $270k

W5 $3064 $510k   W5 $2502 $410k
W4 $2906 $480k   W4 $2329 $390k
W3 $2769 $460k   W3 $2206 $370k
W2 $2538 $420k   W2 $2147 $350k
W1 $2289 $375k   W1 $1935 $320k

03E $2930 $480k   03E $2286 $385k
02E $2734 $450k   02E $2189 $365k
01E $2497 $420k   01E $2114 $350k

07 $3455 $575k   07 $2824 $470k
06 $3415 $570k   06 $2769 $450k
05 $3387 $560k   05 $2593 $425k
04 $3130 $520k   04 $2477 $400k
03 $2760 $450k   03 $2234 $370k
02 $2282 $375k   02 $2069 $340k
01 $2134 $350k   01 $1855 $310k

Comments (2)

1SG (Ret.) David Kucic
Hawaii Military Realty, Inc. - Ewa Beach, HI
President and Owner

Thanks for the mention Jay!  Coming from you I am honored to see our name mentioned there.  Aloha den brah. 

Oct 16, 2008 03:36 PM
Anonymous
Jay

Its all about Blogging and SEO Dave! Thanks to you I am getting calls from the internet!

Aloha

Oct 16, 2008 07:27 PM
#2