USAA Bank Home Loans & Mortgage Calculator

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15-YEAR VA Loan

3.375 % interest
3.872 % APR^{See note1}

Learn More About Va Loans

30-YEAR VA Loan

3.375 % interest
3.653 % APR^{See note1}

Learn More About Va Loans

30-YEAR Conventional Loan

3.500 % interest
3.649 % APR^{See note1}

Learn More About Conventional Loans

View All Rates

What Kind of Home Loan Is Right for Me?

VA Loan

A VA loan may be right for those currently serving, veterans and eligible surviving spouses.

No down payment or private mortgage insurance (PMI)
Available in a variety of terms

30-Year

3.375

%
3.653

%

APR^{See note1}

Get Preapproved for a Mortgage Loan.

Learn More About Our VA Loan

VA 5/1 Adjustable-rate Mortgage (ARM) Loan

An ARM may be right for service members and veterans looking for a short-term loan.

No down payment or private mortgage insurance (PMI)
Rates may increase after 5 years

3.772

%

APR^{See note1}

Rates may increase after 5 years.
Call 800-531-0341 to learn more.

Conventional loan

A conventional loan may be right for those using a down payment to buy or refinance a home.

Available in a variety of terms

30-Year

3.500

%
3.649

%

APR^{See note1}

Get Preapproved for a Mortgage Loan.

Learn More About Conventional Loans

First-Time Homebuyer Loan

A first-time homebuyer loan offers a low down payment and is a great alternative to an FHA loan.

Down payment as little as 3%
We'll pay your private mortgage insurance (PMI)

30-Year

4.750

%
4.904

%

APR^{See note1}

Get Preapproved

Learn More About Conventional 97 Loans

Jumbo Loan

A jumbo loan is best for those looking at homes with a larger purchase price.

Use VA benefits, if eligible
No private mortgage insurance (PMI)

30-Year VA JUMBO

3.375

%
3.663

%

APR^{See note1}

For more information on other loan options call 800-531-0341 .

Learn More About Jumbo Loans

Other Loan Options

We offer other loans to help those buying or refinancing a second home or vacation home.

Eliminate private mortgage insurance (PMI) with a 20% down payment
Available in a variety of terms

30-Year

3.500

%
3.649

%

APR^{See note1}

For more information call 800-531-0341 .

VA Loan

A VA loan may be right for those currently serving, veterans and eligible surviving spouses.

30-Year

3.375%
3.653% APR^{See note1}

Learn More About Our VA Loan

Conventional Loan

A conventional loan may be right for those using a down payment to buy or refinance a home.

30-Year

3.500%
3.649% APR^{See note1}

Learn More About Conventional Loans

First-Time Homebuyer Loan

A first-time homebuyer loan offers a low down payment and is a great alternative to an FHA loan.

30-Year

4.750%
4.904% APR^{See note1}

Learn More About Conventional 97 Loans

Jumbo Loan

A jumbo loan is for those looking to finance a loan amount more than $484,350.

30-Year VA JUMBO

3.375%
3.663% APR^{See note1}

Learn More About Jumbo Loans

Other Loan Options

We offer other loans to help those buying or refinancing a vacation home or investment property.

30-Year

3.500%
3.649% APR^{See note1}

Call 800-531-0341 to learn more about other loan options.

Adjustable-Rate Mortgage (ARM) Loan

An ARM offers a lower initial rate for service members who may plan to move in the next five years.

3.772% APR^{See note1}

Rates may increase after 5 years. Call 800-531-0341 to learn more.

Mortgage Calculator

How Much House Can I Afford?

^$0.00 Principal and interest are based on a fixed rate mortgage. If you'll be using an adjustable-rate mortgage, this amount only applies to the fixed period.^{See note2}

Home Price (in dollars)

Down Payment (in dollars)

$ Down Payment Percent (in percent) %

Interest Rate (in percent)

Loan Term (in years)

Steps to Homeownership

Buying a house is an exciting time. We'll be here to guide you through each step.

Step 1
Step 1: Get Preapproved^{See note3}

Make the buying process easier when you know what you can spend.
It only takes a few minutes to get preapproved online.
- Tell us a little about your finances and where you want to move.
- We'll check your credit to reduce the chance of getting denied later.
- Get a shopping letter to help you negotiate better with sellers.
Get Preapproved Online
Step 2: Get a Real Estate Agent

Let our dedicated and experienced real estate team work for you.

A real estate agent can provide valuable information and help you focus on homes that meet your needs and budget. Work with an experienced agent through the USAA Real Estate Rewards Network and see if you are eligible for a $350 to $24,000 reward after closing, based on the sales price of your home. The average reward is $1,278^{See note4} — more if you both buy and sell.

Enroll Now in the Real Estate Rewards Network
Learn More About The USAA Real Estate Rewards Network.
Step 3
Step 3: Complete Your Mortgage Application

Your USAA loan officer makes the application process easier.
Once you find a home, your loan officer will help you complete the mortgage application. You'll need to provide the documentation listed below:
- Income statements, such as pay stubs or award letters.
- Current bank statements
- Other supporting documents as needed. We'll walk you through it.
Step 4
Step 4: Almost There!

We'll let you know if more information is needed.
During the application review, we'll check to make sure that the following items are correct.:
- We have all the required documents.
- Your supporting documents match the application.
- The title is clear.
We'll provide status updates and let you know if we need anything more from you. During this time, keep your documents on hand in case you need to reference them again.
Step 5
Step 5: Get Your Keys

Congratulations on your new home!
When all the paperwork is approved, you'll be ready to close. To get the keys, you'll need the items listed below:
- Your ID — a driver's license, passport or military ID
- A cashier's check or wire transfer to cover your closing costs and down payment

The advertised rates are subject to change without notice at any time and are not available to every borrower. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and our internal credit criteria. Property insurance is, and flood insurance may be, required. Private Mortgage Insurance (PMI) may be required for loans with less than a 20% down payment. All loans are subject to credit and property approval. Pricing may vary by state. Other rates and terms available. Additional restrictions apply to Texas home equity loans.

The advertised rates are based on certain assumptions and loan scenarios. The following examples describe the terms of a typical loan for rates available on Aug. 23, 2019 and subject to the assumptions described immediately above.

15-Year VA

A 15-Year VA loan in the amount of $175,000 with a fixed rate of 3.375% (3.891% APR) would have 180 monthly principal and interest payments of $1,240.33. Assumes a 740 credit score, a single-family, owner-occupied primary residence located in Georgia, a 0% down payment plus closing costs paid in advance, 0.875% discount point, a 45-day lock period and a financed funding fee. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

30-Year VA

A 30-Year VA loan in the amount of $225,000 with a fixed rate of 3.375% (3.664% APR) would have 360 monthly principal and interest payments of $994.72. Assumes a 740 credit score, a single-family, owner-occupied primary residence located in Georgia, a 0% down payment plus closing costs paid in advance, 1.000% discount point, a 45-day lock period and a financed funding fee. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

30-Year Conventional

A 30-Year Conventional loan in the amount of $225,000 with a fixed rate of 3.500% (3.680% APR) would have 360 monthly principal and interest payments of $1,010.35. Assumes a 740 credit score, a single-family, owner-occupied primary residence located in Georgia, a 20% down payment plus closing costs paid in advance, $1,295 origination fee, 1.250% discount point and a 45-day lock period. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable..

30-Year VA

30-Year Conventional

30-Year First-Time Homebuyer

A 30-Year First-Time Homebuyer loan in the amount of $225,000 with a fixed rate of 4.750% (4.938% APR) would have 360 monthly principal and interest payments of $1,173.71. Assumes a 720 credit score, a single-family, owner-occupied primary residence located in Georgia, a 3% down payment plus closing costs paid in advance, $1,295 origination fee, 1.125% discount point and a 45-day lock period. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

30-Year VA Jumbo

A 30-Year VA Jumbo loan in the amount of $529,929 with a fixed rate of 3.375% (3.673% APR) would have 360 monthly principal and interest payments of $2,342.80. Assumes a 740 credit score, a single-family, owner-occupied primary residence located in California, a 0% down payment plus closing costs paid in advance, 1.250% discount point, a 45-day lock period and a financed funding fee. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

30-Year Conventional – Second or Vacation

A 30-Year Conventional loan in the amount of $225,000 with a fixed rate of 3.500% (3.680% APR) would have 360 monthly principal and interest payments of $1,010.35. Assumes a 740 credit score, a single-family, owner-occupied secondary residence located in Georgia, a 20% down payment plus closing costs paid in advance, $1,295 origination fee, 1.250% discount point and a 45-day lock period. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

30-Year VA

30-Year Conventional

30-Year First-Time Homebuyer

30-Year VA Jumbo

30-Year Conventional – Second or Vacation

A 30-Year Conventional loan in the amount of $225,000 with a fixed rate of 3.500% (3.680% APR) would have 360 monthly principal and interest payments of $1,010.35. Assumes a 740 credit score, a single-family, owner-occupied secondary residence located in Georgia, a 20% down payment plus closing costs paid in advance, $1,295 origination fee, 1.250% discount point and a 45-day lock period. Sample payment does not include taxes, insurance and similar items; actual monthly payments will be higher. Hazard insurance is required, including flood insurance, as applicable.

USAA Home Learning Center

VA Loan Information

Creative Financing for Home Purchases

The Art of Home Negotiation

Real Estate Rewards Network

We can connect you with top real estate agents across the country who have experience with your unique needs.

Our network includes more than 14,000^{See note5} best-in-class agents from top real estate brokerage firms in the U.S.
A dedicated real estate coordinator will help you every step of the way.
You may be eligible for an average of $1,278^{See note4} when you buy or sell. Reward and Program Limitations Apply.

Learn More About the Real Estate Rewards Network.

All Mortgage Options

First-time HomebuyerA conventional 97 loan offers a low down payment option of 3% and is a great alternative to an FHA loan.VA Loan Service members and veterans can buy a house with no down payment or PMI.Conventional LoanThis is a common option for those using a down payment to buy or refinance a home.Jumbo LoanThis loan is for those looking to finance a loan amount more than $484,350.RefinanceLower your mortgage payment or cash out the equity in your home to cover other expenses.VA Adjustable-Rate MortgageA lower initial interest rate can help keep your costs down.

Homebuying 101

Article Topic: Getting Started

Article Topic: Finding Your Home

Article Topic: Financing Your Home

Article Topic: Closing on Your Home

Article Topic: Additional Information

Note 1 APR (Annual Percentage Rate) is a rate used to calculate your cost of borrowing in a year. Unlike interest rates, APR factors in the amount borrowed, the interest rate, one-time fees and discounts to determine a more accurate yearly cost. The standardized APR formula is used to make it easier for consumers to compare rates at different businesses.

Note 2 This amount does not include escrow, homeowners insurance, property taxes, insurances, HOA fees and other costs associated with owning a home. This mortgage calculator is intended to assist you with estimating basic monthly mortgage payments. It is informational only. All examples are based on the information entered and are for illustrative purposes only. This is not an offer to lend.

Note 3 Our preapproval is not a commitment to lend. Information used to issue the preapproval will require verification during the application process.

Note 4 USAA^® Real Estate Rewards Network is offered by USAA Residential Real Estate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal Savings Bank. Program may be unavailable for employer-sponsored relocations. Not available for transactions in Iowa or outside the United States. This is not a solicitation if you are already represented by a real estate broker.

Reward offer limited in some states. Reward amount is based on sale price of home sold or purchased and cannot exceed $24,000 per transaction. To receive the maximum amount offered of $24,000, the sale price of the home sold or purchased must be $4 million or more. As of January 2019, the average member closing in the program received $1,278. Real estate agent fees still apply. The reward is not available in Alaska, Oklahoma or Louisiana. In Kansas and Tennessee, a loyalty card will be issued that is accepted at specific retailers. In Oregon and Mississippi a credit or commission reduction may be available. In New Jersey, a commission reduction or rebate may be available at closing. Please check with the program coordinator for details. You must be enrolled in the program and be represented at closing by an approved agent with a participating real estate firm in order to qualify for the reward. Reward not available to sellers in a short sale transaction. In certain states, buyers may need seller cooperation in order to participate in the reward program. Availability restrictions apply.

USAA-Selected Agents may not be available in all areas. The USAA Real Estate Rewards Network is unavailable in areas in New Jersey, Oregon, Mississippi, and Alabama where a USAA-Selected Agent is unavailable. In other states where the USAA Real Estate Rewards Network is offered and a USAA-Selected Agent is unavailable, you may be referred to a non-USAA-Selected Agent and agent qualifications may differ.

Note 5 Based on September 2018 Cartus Agent Certification.

Obtaining a mortgage from USAA Federal Savings Bank is optional and not required to use USAA's Real Estate Rewards Network. The mortgage may be acquired from other lenders.

Loans subject to credit and property approval. Rates subject to change without notice. Pricing may vary by state. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and our internal credit criteria.

VA loans require a VA funding fee collected at closing. The fee varies with the amount of the down payment and is higher with no or low down payments. Maximum loan limits vary by county. The VA funding fee is nonrefundable.

Membership eligibility and product restrictions apply and are subject to change.

Bank products provided by USAA Federal Savings Bank, Member FDIC.

USAA FSB NMLS 401058

222337-0819
1687778

USAA BANK HOME LOANS

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15-YEAR VA Loan

30-YEAR VA Loan

30-YEAR Conventional Loan

What Kind of Home Loan Is Right for Me?

VA Loan

VA 5/1 Adjustable-rate Mortgage (ARM) Loan

Conventional loan

First-Time Homebuyer Loan

Jumbo Loan

Other Loan Options

VA Loan

Conventional Loan

First-Time Homebuyer Loan

Jumbo Loan

Other Loan Options

Adjustable-Rate Mortgage (ARM) Loan

Mortgage Calculator

Steps to Homeownership

Step 1: Get Preapproved^{See note3}

Step 2: Get a Real Estate Agent

Step 3: Complete Your Mortgage Application

Step 4: Almost There!

Step 5: Get Your Keys

USAA Home Learning Center

VA Loan Information

Creative Financing for Home Purchases

The Art of Home Negotiation

Real Estate Rewards Network

All Mortgage Options

Homebuying 101

Article Topic: Getting Started

Article Topic: Finding Your Home

Article Topic: Financing Your Home

Article Topic: Closing on Your Home

Article Topic: Additional Information

Mortgage Calculator

Steps to Homeownership

Step 1: Step 1: Get PreapprovedSee note3

Step 2: Step 2: Get a Real Estate Agent

Step 3: Step 3: Complete Your Mortgage Application

Step 4: Step 4: Almost There!

Step 5: Step 5: Get Your Keys

Rate Assumptions

15-Year VA

30-Year VA

30-Year Conventional

Rate Assumptions

30-Year VA

Rate Assumptions

30-Year VA

30-Year Conventional

30-Year First-Time Homebuyer

30-Year VA Jumbo

30-Year Conventional – Second or Vacation

Rate Assumptions

30-Year First-Time Homebuyer

Rate Assumptions

30-Year Conventional

Rate Assumptions

30-Year VA Jumbo

Rate Assumptions

30-Year Conventional – Second or Vacation

Rate Assumptions

30-Year VA

30-Year Conventional

30-Year First-Time Homebuyer

30-Year VA Jumbo

30-Year Conventional – Second or Vacation

USAA Home Learning Center

VA Loan Information

Creative Financing for Home Purchases

The Art of Home Negotiation

Real Estate Rewards Network

All Mortgage Options

Homebuying 101

Article Topic: Getting Started

Article Topic: Finding Your Home

Article Topic: Financing Your Home

Article Topic: Closing on Your Home

Article Topic: Additional Information

Step 1: Get Preapproved^{See note3}

Step 2: Get a Real Estate Agent

Step 3: Complete Your Mortgage Application

Step 4: Almost There!

Step 5: Get Your Keys