Selling in El Paso
El Paso is not just a city. It is a whole lifestyle, with a rare blend of city and nature and something for just about everyone.
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VA Loans & Mortgage Guidance · El Paso, Texas
See your real VA loan numbers first.
Estimate your VA loan payment, review live mortgage-rate data, and understand what your benefit actually buys, before you ever make an offer.
VA Loan Calculator
Calculate your VA loan payment.
Adjust the home price, down payment, and loan details below to estimate your monthly payment, including the VA funding fee.
Calculate your VA loan payment
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Example rate, yours may differ.
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Typical: 0.8% to 2.0% depending on location.
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Your estimated monthly premium. An insurance agent can quote a specific home.
Your Estimated Payment
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Purchase Price
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Down Payment
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VA Funding Fee
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Estimates only. Funding-fee rules used here: Purchase/Cash-out first use 0% down 2.15% (2.40% Guard/Reserves),
5 to 9.99% 1.50%, ‚â•10% 1.25%; subsequent use 0% down 3.30%, 5 to 9.99% 1.50%, ‚â•10% 1.25%; IRRRL 0.50%; disability exemption = 0%.
All figures and calculations are estimates. For accurate loan information, please talk to a licenced mortgage loan officer, or reach out to the team at Valor & Vine to put you in touch with a trusted parter.
Understanding the VA funding fee
Your VA benefit, explained plainly.
The VA funding fee varies by loan type, down payment, and military category, and it can often be exempted or rolled into the loan. Here is how it generally breaks down.
First-use purchase or cash-out: 2.15% (2.40% for Guard/Reserves) at 0% down
Down payments of 5 to 9.99% reduce the fee to 1.50%; 10%+ reduces it to 1.25%
IRRRL (streamline refinance) is a flat 0.50%
Veterans with a 10%+ VA disability rating are exempt from the fee entirely
Not sure what applies to you?
Every file is different. Talk it through with a licensed loan officer, or let the Valor & Vine team connect you with a trusted partner who closes VA files routinely.
Call 915 234 1547Live market data
Mortgage rates and live data.
Track current 30-year VA, conventional, and FHA mortgage rates, sourced directly from the Federal Reserve Bank of St. Louis.
All figures and calculations are estimates. For accurate loan information, please talk to a licenced mortgage loan officer, or reach out to the team at Valor & Vine to put you in touch with a trusted parter.
Next steps
We are here to help you find your way home.
Whether you are looking to buy, sell, or invest in El Paso, finding the right partner is essential.
Buying in El Paso
El Paso is large and growing, but there is no need to stress. We are here to help you find the right home for your family.
Learn MoreFrequently asked questions
The questions we hear most.
The first step is to get pre-approved for a mortgage. This gives you a clear understanding of your budget and shows sellers you are a serious buyer. We can connect you with trusted local lenders to help you get started.
Down payments can vary, but many buyers in El Paso put down anywhere from 3% to 20% of the purchase price. VA loans, which are common in El Paso due to the military presence, may even allow you to buy with 0% down.
On average, homes in El Paso sell in 30 to 60 days, depending on market conditions, pricing, and location. At Valor and Vine Realty Group, we create a custom marketing plan to help your home stand out and sell faster.
Closing costs for buyers typically range from 2% to 5% of the purchase price, while sellers usually pay around 6% to 10%, including agent commissions and title fees. We will walk you through every cost upfront so there are no surprises.
El Paso's real estate market remains strong thanks to its affordability and growth. Whether you are buying or selling, we will help you understand the local market trends and time your move to get the best value.
We know El Paso. Tracy and the team are committed to making the process smooth, informed, and tailored to your goals, whether you are buying your first home, relocating, or selling a property you have owned for years.
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Get started today!
Whether you are looking to buy, sell, or invest in El Paso, finding the right partner is essential, and a clear conversation is the best place to start.
Talk to Tracy
Guidance on VA loans, mortgage rates, and the right strategy for your move.