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Veterans AdministrationExample of Energy Mortgage
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| Appraised Value: | $120,000 |
| Interest Rate: | 8.5% |
| Term: | 30 yr. |
| Example 1 | Cost of Energy Improvements = $2400 |
| Approved - $3000 > $2400 | |
| Example 2 | Cost of Energy Improvements = $3400 |
| Monthly Energy Savings (from rating) = $32.50 | |
| Monthly Payment Increase = $26.14 | |
| Approved - $32.50 > $26.14 |