![]() Depending on the plan you enroll in, the repayment term is extended to 20-25 years and payments are capped at 10 to 20 of your income. There are four options for income-driven repayment. That's a big reason why it's essential to talk with a home loan specialist in detail about your particular situation. On an income-driven repayment plan, your monthly payments are determined as a percentage of your income. There are many ultra-specific situations that can crop up for VA borrowers with student loans. Still Have Questions About Student Loans with a VA Loan? In addition, that monthly obligation will affect your overall residual income level, which also plays a critical role in qualifying for a VA home loan. In general, you'll need to plan on counting your student loan payment in your overall debt-to-income ratio calculation. Those are relatively narrow exceptions, although they do happen.
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