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Residual income is the test that matters most on a VA loan — the money you keep each month after your mortgage, debts, and living costs. Enter your numbers to see whether you clear VA's requirement for your region and family size.
Sources: VA Lender’s Handbook (Pamphlet 26-7, Ch 4), VA — VA-backed home loans, VA affordability calculator
Net income after taxes (your LES/paystub take-home).
Utilities/upkeep estimated at $0.14/sq ft ($252/mo).
Your estimated residual income
$2,248
Meets VA's $889 requirement — $1,359 to spare
Residual income is VA's primary underwriting test — the money you keep each month after your mortgage, debts, and living costs. The requirement (from VA Pamphlet 26-7) varies by region and family size. Clear it comfortably and a lender can approve a debt-to-income ratio above 41%.
Estimate only. A lender computes this precisely using your exact taxes and a $0.14/sq-ft utilities figure. Active-duty members with access to base facilities may get a 5% reduction in the requirement. Model your payment with the VA mortgage calculator and see the full picture with affordability. Not lending advice.
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Related: how much house you can afford, the exact monthly payment, and your entitlement.