Our mortgage calculator is an easy way to get an estimate of how much you could borrow and how much your monthly payment could be based on our current product range, which can change at any time. It is for illustrative purposes only and is not a mortgage offer.
Typically, your cash withdrawal limit will be lower. Many banks set ATM withdrawal limits at $500 in a 24 hour period. Sometimes itâs $1,000. Typically, your ATM spending limit will be higher. Also ask your bank if ATM transactions count towards your daily spending limit. (If so, and you have a $1,000 total spending limit, when you withdraw $200 from an ATM you could not then make a $900 purchase on your card).
But the VA does have in place a loan limit for every U.S. county. This limit dictates how much you can borrow while still putting $0 down, and itâs a pretty generous amount â $424,100 in most parts of the country. But the limits are actually higher in more expensive areas. Thereâs no rule or regulation that says you can only get a loan for up to your countyâs loan limit. You can get as much as a lender will finance. The issue is that youâll have to come to the closing table with a down payment to make it work.