VA Residual Calculate
 |
VA Residual Calculator |
|
RESIDUAL RESULTS |
PASS |
👍 CONGRATULATIONS 👍 Your loan meets VA residuals |
DTI RESULTS |
FAIL |
🚫 Needs Attention 🚫 Your loan is over 41% DTI. Please check residual guidlines |
Complete all the grey boxes ⇩ ⇩ ⇩ ⇩ ⇩ |
STATE |
|
FAMILY SIZE |
|
Gross Monthly Income |
Monthly Housing Expense |
|
Principal & Interest |
|
Monthly Property Taxes |
|
Monthly Homeowners Insurance |
|
HOA & Other |
|
Total |
Monthly Debts and Obligations |
|
Total Monthly Debt (on credit report ) |
|
Other Debt 1 |
|
Other Debt 2 |
|
Other Debt 3 |
|
Other Debt 4 |
|
Total |
Monthly Maintenance & Utilities |
|
Total Square Footage |
|
Total |
Monthly Taxes |
|
Total Income Tax |
|
State Income Tax (from pay stubs) |
|
Social Security (salaried or SE'd) |
|
Total |
Residual Income |
|
Amount Required (Per Residual Chart) |
|
Final VA Required Residual Income |
|
Your Clients Residual Income |
Your Clients DTI (VA guideline 41%) |