VA Loan Hack How to Pay Off Your Home Faster

Owning a home is a major milestone, and for many Veterans and active-duty service members, the VA loan offers an incredible opportunity to achieve homeownership with zero down payment and competitive interest rates. But what if you could pay off your home even faster, saving thousands in interest and gaining financial freedom sooner? Here’s a smart VA loan hack that can help you do just that.

The Biweekly Payment Strategy

One of the simplest and most effective ways to pay off your mortgage faster is by switching from monthly payments to biweekly payments. Here’s how it works:

Instead of making 12 full payments per year, you make half a payment every two weeks.

Since there are 52 weeks in a year, this results in 26 half-payments, which equals 13 full payments per year—one extra payment annually.

This additional payment goes directly toward your principal, reducing your loan balance and interest over time.

How Much Can You Save?

Let’s say you have a $400,000 VA loan at a 5% interest rate for 30 years:

• Monthly Payment: $2,147 (Principal & Interest)
• Extra Payment Per Year: $2,147
• Interest Savings Over Time: $40,000+
• Pay Off Your Home 4-5 Years Early!

Over the life of the loan, this simple switch can save you tens of thousands of dollars in interest and help you own your home outright much sooner.

Other VA Loan Payoff Hacks

If you’re looking for even more ways to pay off your home faster, consider these strategies:

Make an Extra Payment When Possible

If biweekly payments don’t fit your budget, try making one additional payment per year or putting extra cash (like tax refunds or bonuses) directly toward your principal.

Refinance to a Lower Interest Rate

The VA Interest Rate Reduction Refinance Loan (VA IRRRL) allows Veterans to refinance at a lower rate, reducing monthly payments and making it easier to pay extra toward the principal.

Round Up Your Payments

Even rounding up your mortgage payment to the nearest hundred dollars can make a difference. For example, if your payment is $2,147, rounding it up to $2,200 consistently can shave years off your loan term.

4. Apply Windfalls Toward Your Mortgage

Whenever you receive extra income—whether it’s from bonuses, tax refunds, or side gigs—consider putting some or all of it toward your mortgage balance.

Unlock Your VA Loan Benefits Today!

If you’re a Veteran or active-duty service member looking to buy, refinance, or pay off your home faster, I’m here to help! As a Mortgage Banker & VA Loan Expert, I can guide you through the best strategies to maximize your VA loan benefits.

Call or Text Andre Enriques Today 619-208-6499!

Your Service Earned It – Now Let’s Put It to Work!