*If you need both, select one option to start

What is your branch of service?

Regular Military, Reserves, or National Guard?

Are you currently serving?

Where are you currently stationed?

Have you received orders to PCS?

Where will your new home be located?

Will you be available to see homes in person?

When are you planning to purchase your home?

What type of property are you buying?

How many bedrooms will you need?

How will you use your new home?

What is your price range?

What type of financing do you intend to use?

Have you started the pre-approval process?

Would you like a financing quote from WeVett Home Loans?

Are you a first-time buyer?

Do you currently own a home?

Do you plan to sell your current home?

Would you like to also be matched with a seller's agent?

When are you planning to sell your home?

What type of property are you selling?

How many bedrooms does your home have?

What is your home worth?

What is your current address?

Do you plan to purchase a new home?

Would you like to also be matched with a buyer's agent?

Are you in contact with another real estate agent regarding this transaction?

Have you worked with WeVett before?

How did you hear about WeVett?

What is the referring agent's name?

What is your name?

What is your email?

What is your phone number?

(Including international or WhatsApp numbers)
By submitting this form, I agree to receive emails, calls or texts at this number from WeVett Realty, its independent network agents, or its affiliates, about real estate matters even if I am on the Do Not Call list. I agree to the privacy policy and terms. Consent is not a condition of service. I may receive service without this consent by contacting WeVett Realty at 937-907-0150.
To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

Best Way to Maximize Your 2023 Military Pay Raise (that Most People Overlook)

We’re approaching a new year, and we all know what that means for our military pay – it’s time for a raise! It will be the biggest raise in 20 years if Congress approves the 4.6% increase.

Before you break out any questionable celebratory dance moves over all the things you’re going to buy, let’s talk about the gains you could have if your extra dollars start to work for you.

(And, if you plan it right, you can probably buy all the things too.)

We are in real estate, so naturally, we are going to suggest real-estate-y solutions to your financial problems but hear us out.

What if instead of spending your pay raise on more single-edition bourbon and expensive TV soundbars – or impulse ordering peel-and-stick wallpaper and organic everything – you took a stab at paying down the principal on your home loan?

Unpopular opinion? Maybe. Still with us? Hopefully. Let’s dive in.

Pay extra on your loan, save thousands

Paying more towards the principal on your home loan can take years off your mortgage, meaning more equity and money in your pocket when it’s time to sell.

It’s common practice when buying a house in the military to only pay the minimum payment on your mortgage, but contributing just a little more each month can really pay off BIG.

For example, when you make an additional payment per year on a 30-year fixed rate mortgage, you can knock almost seven years off of your VA loan. And just like that, you’re suddenly a whole lot closer to paying off your house.

So how much of a difference could your pay raise make on the lifespan of your home loan? Take a look at these examples:

Pay Off VA Loan Graphic

There are a few different ways of paying additional principal. You can make bi-weekly payments (13 payments a year instead of 12), manually pay more each month through your mortgage company, or make a single large payment.

To figure out what this could look like for you, check out the projected military pay scale here and use WeVett Home Loans’ mortgage calculator with your current home loan numbers.


So, while we agree your 2023 military pay raise can make for a nice lifestyle bump, don’t rule out the longer-term gains paying off your VA loan early will bring – plus you can give yourself a high-five for your great financial prowess!

If you’re still with us, but have more questions, contact a VA home loan expert from our sister company, WeVett Home Loans at (316) 669-5272. WeVett Home Loans is made up of former military and specializes in helping Active Duty make strong financial decisions at every PCS.

You can also reach out to our real estate team at hello@wevett.com to discuss!

WeVett Realty | KREC #CO00003195

Supporter of the Fair Housing Act and the Equal Opportunity Act

Skip to content