Does a 50-Year Mortgage Make Sense for VA Buyers? Break-Even Analysis
A Veteran using a VA loan with 100% financing can typically reach break-even in about 2–3 years, even when the VA funding fee is financed into the loan. Using a $400,000 purchase price and a 4% annual appreciation rate, equity is built mostly through home price appreciation rather than early principal pay-down. Veterans who are…
