$600,000 VA LOAN @ 7% = $3992.00 MONTHLY PAYMENT $600,000 VA IRRRL LOAN @ 5.875% = $ $3549 MONTHLY $443.00 MONTHY SAVINGS, $159.332 LIFE OF LOAN SAVINGS
A VA IRRRL is good because it can lower your mortgage interest rate and monthly payments, saving you money over time. It's also a quick and easy refinancing option with minimal paperwork and no need for a new appraisal.
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