Your VA loan is equivalent to $1M in the bank
Civilian: $1,000,000 required
High yield savings (4%)
Year 1: $40,000 gained
Year 1-10: Added $480,000 to net worth
Military: $0 required
$1,000,000 VA loan for house (4% real estate returns)
Year 1: $40,000 gained
Year 1-10: Added $480,000 to net worth
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Christopher Howell
1
Your VA loan is equivalent to $1M in the bank
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