VA Loan Limits 2023 Calculator
Estimate the loan limit eligibility for your VA Loan in 2023 based on your location and other factors.
Los Angeles
New York
Chicago
Houston
Single Family
Multi-Family
Active
Retired
Reserve
Estimated VA Loan Limit:
$0
function calculateLoanLimit() {
const county = document.getElementById(“county”).value;
const propertyType = document.getElementById(“propertyType”).value;
const veteranStatus = document.getElementById(“veteranStatus”).value;
let loanLimit = 0;
// Simple loan limit calculation based on selected inputs
if (county === “los-angeles”) {
loanLimit = propertyType === “single-family” ? 822375 : 1050625;
} else if (county === “new-york”) {
loanLimit = propertyType === “single-family” ? 650000 : 850000;
} else if (county === “chicago”) {
loanLimit = propertyType === “single-family” ? 500000 : 650000;
} else if (county === “houston”) {
loanLimit = propertyType === “single-family” ? 484350 : 650000;
}
// Adjust based on veteran status (simplified)
if (veteranStatus === “retired”) {
loanLimit *= 1.1; // Increase loan limit for retired veterans
}
// Update the result
document.getElementById(“loanLimitValue”).textContent = `$${loanLimit.toLocaleString()}`;
}
