How do you want to get started?

Quick application

With Millennial Home Loans quick online loan application, determining if you qualify for an VA OTC Construction Loan and for how much, has never been easier.

Talk to a VA OTC Construction Mortgage Expert

Not ready to apply online? No problem. Answer a few questions, and a VA OTC Construction Home Loan Mortgage Expert will call you back.

Home » Construction Loan » VA Construction Loan » Calculators

VA One-Time-Close/OTC Construction Loans

You Served, You Earned It!

The Zero-Down Payment One-Time-Close/OTC Mortgage for our Veterans and Current Military Personnel

Guidelines

Calculators

Transaction Information

Purchase Price (Builder Cost and Land Cost [if applicable])*

Down Payment *

VA Interest Rate *

Property Taxes (Annual) *

Homeowner Insurance (Annual) *

Monthly HOA/Condo Fee *

Do You Receive VA Disability Income?*

Is This The First Time Using a VA Loan? *

Property Type *

Builder/Retailer Receives Draws During Construction *

VA Detailed Loan Calculations:
Purchase Price (Builder Cost and Land Cost [if applicable])
Construction Administration Cost
Total Acquisition Cost
Down Payment
Base Loan Amount
VA Funding Fee
Total Loan Amount

Monthly Payment:
Prinicipal and Interest (PI)
Mortgage Insurance (MI)
Property Taxes
Homeowner Insurance
HOA/Condo Fee
Total Monthly Payment

Send Me A Copy Of My VA Construction Loan Calculations

Name *

Email Address *

Phone *

Estimated property value *

I have read and agreed to the Privacy Statement and Terms and Use policy.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.