Amsterdam VA Loan Rates, Closing Costs & Stats

Amsterdam, NY

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    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Amsterdam's 14 lenders originated 35 VA loans during 2023. The total origination value was $9,395,000, with an average VA loan value of $268,429.

    Amsterdam VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Amsterdam averaged 6.61% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Amsterdam's average VA mortgage closing costs are $5,762.

    The average rate for the prior week (2025-02-07) was 6.34% and one month ago for the week of 2025-01-10, the average rate was 6.78%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Amsterdam VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Amsterdam level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NAVY FEDERAL CREDIT UNION 5 5.65% $4,422
    Mortgage Research Center, LLC 5 6.82% $3,406
    QUICKEN LOANS, LLC 4 6.50% $10,561
    HOMESTEAD FUNDING CORP. 4 6.75% $4,521
    UNITED WHOLESALE MORTGAGE, LLC 3 6.13% $11,506
    PLAZA HOME MORTGAGE, INC. 3 6.46% $9,567
    MOVEMENT MORTGAGE, LLC 2 6.75% $14,846
    Premium Mortgage Corporation 2 6.19% $9,152
    USAA Federal Savings Bank 1 5.88% $9,253
    CARDINAL FINANCIAL 1 5.99% $16,880
    Community Bank 1 7.13% $3,056
    Equity Prime Mortgage LLC 1 7.13% $19,173
    SEFCU SERVICES, LLC 1 6.50% $6,832
    Barrington Bank & Trust Company, N.A. 1 7.00% $6,540

    The top Amsterdam VA lender as defined by loan originations is NAVY FEDERAL CREDIT UNION, with 5 VA loans originated. Their average total fees are $4,422, which is $1,016 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Amsterdam VA lenders (with over 10 loans originated) are .

    The lowest rate Amsterdam VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Amsterdam (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $128,225 (28.3%) $152,877 (14.1%) 0.00 170
    2018-02-01 $134,900 (42.8%) $156,550 (21.5%) 0.00 162
    2018-03-01 $134,950 (40.9%) $158,429 (27.2%) 0.00 168
    2018-04-01 $135,000 (22.8%) $163,346 (26.5%) 0.00 170
    2018-05-01 $137,000 (28.2%) $174,190 (28.9%) 0.00 178
    2018-06-01 $134,900 (25.8%) $175,084 (28.9%) 0.00 185
    2018-07-01 $129,900 (8.3%) $171,510 (20.6%) 0.00 180
    2018-08-01 $129,900 (9.2%) $173,285 (22.2%) 0.00 175
    2018-09-01 $125,000 (5.3%) $172,764 (19.7%) 0.00 179
    2018-10-01 $129,350 (5.5%) $175,551 (18.6%) 0.00 189
    2018-11-01 $129,950 (3.2%) $175,575 (18.5%) 0.00 176
    2018-12-01 $124,900 (0.3%) $172,564 (17.1%) 0.00 167
    2019-01-01 $121,900 (-4.9%) $172,225 (12.7%) 0.00 158
    2019-02-01 $125,900 (-6.7%) $172,129 (10.0%) 0.00 148
    2019-03-01 $126,329 (-6.4%) $173,260 (9.4%) 0.00 143
    2019-04-01 $125,104 (-7.3%) $171,645 (5.1%) 0.00 141
    2019-05-01 $129,575 (-5.4%) $178,316 (2.4%) 0.00 154
    2019-06-01 $142,400 (5.6%) $183,728 (4.9%) 0.00 174
    2019-07-01 $137,450 (5.8%) $184,047 (7.3%) 0.00 186
    2019-08-01 $141,303 (8.8%) $180,706 (4.3%) 0.00 187
    2019-09-01 $143,257 (14.6%) $175,680 (1.7%) 0.00 187
    2019-10-01 $146,389 (13.2%) $181,800 (3.6%) 0.00 189
    2019-11-01 $139,450 (7.3%) $183,726 (4.6%) 0.00 185
    2019-12-01 $131,150 (5.0%) $179,469 (4.0%) 0.00 182
    2020-01-01 $124,900 (2.5%) $181,261 (5.3%) 0.00 165
    2020-02-01 $124,900 (-0.8%) $182,524 (6.0%) 0.00 161
    2020-03-01 $127,400 (0.9%) $182,109 (5.1%) 0.00 169
    2020-04-01 $131,175 (4.9%) $183,434 (6.9%) 0.00 169
    2020-05-01 $129,900 (0.3%) $189,146 (6.1%) 0.00 157
    2020-06-01 $135,000 (-5.2%) $192,785 (4.9%) 0.00 142
    2020-07-01 $145,000 (5.5%) $205,827 (11.8%) 0.00 133
    2020-08-01 $149,900 (6.1%) $211,109 (16.8%) 0.00 134
    2020-09-01 $149,450 (4.3%) $204,417 (16.4%) 0.00 138
    2020-10-01 $139,950 (-4.4%) $183,850 (1.1%) 0.00 125
    2020-11-01 $138,475 (-0.7%) $180,908 (-1.5%) 0.00 121
    2020-12-01 $153,725 (17.2%) $196,580 (9.5%) 0.00 104
    2021-01-01 $159,000 (27.3%) $211,939 (16.9%) 0.00 92
    2021-02-01 $171,200 (37.1%) $232,513 (27.4%) 0.00 75
    2021-03-01 $173,200 (36.0%) $219,822 (20.7%) 0.00 62
    2021-04-01 $186,125 (41.9%) $264,770 (44.3%) 0.00 57
    2021-05-01 $177,400 (36.6%) $249,309 (31.8%) 0.00 58
    2021-06-01 $163,500 (21.1%) $243,932 (26.5%) 0.00 74
    2021-07-01 $159,950 (10.3%) $236,150 (14.7%) 0.00 85
    2021-08-01 $184,975 (23.4%) $252,401 (19.6%) 0.00 94
    2021-09-01 $185,325 (24.0%) $264,775 (29.5%) 0.00 90
    2021-10-01 $178,500 (27.6%) $242,955 (32.2%) 0.00 96
    2021-11-01 $186,000 (34.3%) $258,038 (42.6%) 0.00 88
    2021-12-01 $213,100 (38.6%) $272,284 (38.5%) 0.00 79
    2022-01-01 $187,000 (17.6%) $269,292 (27.1%) 0.00 75
    2022-02-01 $186,450 (8.9%) $261,843 (12.6%) 0.00 56
    2022-03-01 $207,400 (19.8%) $268,349 (22.1%) 0.00 62
    2022-04-01 $204,450 (9.9%) $286,034 (8.0%) 0.00 53
    2022-05-01 $184,000 (3.7%) $268,940 (7.9%) 0.00 62
    2022-06-01 $204,875 (25.3%) $256,497 (5.2%) 0.00 73
    2022-07-01 $202,250 (26.5%) $255,077 (8.0%) 0.00 78
    2022-08-01 $225,725 (22.0%) $261,404 (3.6%) 0.00 77
    2022-09-01 $223,675 (20.7%) $267,736 (1.1%) 0.00 78
    2022-10-01 $209,450 (17.3%) $260,992 (7.4%) 0.00 90
    2022-11-01 $191,875 (3.2%) $246,186 (-4.6%) 0.00 93
    2022-12-01 $193,950 (-9.0%) $245,475 (-9.9%) 0.00 90
    2023-01-01 $189,450 (1.3%) $247,971 (-7.9%) 0.00 90
    2023-02-01 $193,450 (3.8%) $254,874 (-2.7%) 0.00 82
    2023-03-01 $239,450 (15.5%) $267,385 (-0.4%) 0.00 72
    2023-04-01 $239,000 (16.9%) $265,632 (-7.1%) 0.00 69
    2023-05-01 $234,225 (27.3%) $263,571 (-2.0%) 0.00 78
    2023-06-01 $222,450 (8.6%) $243,015 (-5.3%) 0.00 80
    2023-07-01 $214,450 (6.0%) $238,192 (-6.6%) 0.00 77
    2023-08-01 $214,450 (-5.0%) $239,571 (-8.4%) 0.00 74
    2023-09-01 $192,450 (-14.0%) $235,753 (-12.0%) 0.00 83
    2023-10-01 $185,975 (-11.2%) $224,315 (-14.1%) 0.00 92
    2023-11-01 $186,700 (-2.7%) $223,639 (-9.2%) 0.00 91
    2023-12-01 $187,000 (-3.6%) $222,751 (-9.3%) 0.00 85
    2024-01-01 $181,500 (-4.2%) $220,278 (-11.2%) 0.00 74
    2024-02-01 $178,500 (-7.7%) $217,784 (-14.6%) 0.00 66
    2024-03-01 $169,950 (-29.0%) $218,377 (-18.3%) 0.00 61
    2024-04-01 $169,250 (-29.2%) $233,665 (-12.0%) 0.00 57
    2024-05-01 $199,700 (-14.7%) $254,364 (-3.5%) 0.00 66
    2024-06-01 $209,950 (-5.6%) $251,321 (3.4%) 0.00 73
    2024-07-01 $208,200 (-2.9%) $251,421 (5.6%) 0.00 73
    2024-08-01 $215,000 (0.3%) $248,320 (3.7%) 0.00 85
    2024-09-01 $215,250 (11.9%) $255,972 (8.6%) 0.00 82
    2024-10-01 $210,500 (13.2%) $245,516 (9.5%) 0.00 72
    2024-11-01 $223,950 (20.0%) $255,216 (14.1%) 0.00 91
    2024-12-01 $219,125 (17.2%) $257,559 (15.6%) 0.00 86
    2025-01-01 $219,900 (21.2%) $260,419 (18.2%) 0.00 85
    Amsterdam's median listing price for 2025-01-01 was $219,900, a difference of $38,400 (21.2%) versus the prior year and $775 versus the prior month.

    Amsterdam's median listing price comes in at 0% of the national average.

    Amsterdam's average listing price for 2025-01-01 was $260,419, a difference of $40,141 (18.2%) versus the prior year and $2,860 versus the prior month.

    For the 2025-01-01 period, Amsterdam had 85 MLS listings, a difference of -1 listings (-1%) versus the prior month and 11 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Amsterdam (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,746 sqft
    2018-02-01 0 days 1,751 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,804 sqft
    2018-05-01 0 days 1,796 sqft
    2018-06-01 0 days 1,774 sqft
    2018-07-01 0 days 1,733 sqft
    2018-08-01 0 days 1,732 sqft
    2018-09-01 0 days 1,757 sqft
    2018-10-01 0 days 1,774 sqft
    2018-11-01 0 days 1,835 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,717 sqft
    2019-02-01 0 days 1,736 sqft
    2019-03-01 0 days 1,719 sqft
    2019-04-01 0 days 1,701 sqft
    2019-05-01 0 days 1,817 sqft
    2019-06-01 0 days 1,728 sqft
    2019-07-01 0 days 1,665 sqft
    2019-08-01 0 days 1,721 sqft
    2019-09-01 0 days 1,709 sqft
    2019-10-01 0 days 1,716 sqft
    2019-11-01 0 days 1,732 sqft
    2019-12-01 0 days 1,699 sqft
    2020-01-01 0 days 1,692 sqft
    2020-02-01 0 days 1,686 sqft
    2020-03-01 0 days 1,698 sqft
    2020-04-01 0 days 1,700 sqft
    2020-05-01 0 days 1,700 sqft
    2020-06-01 0 days 1,758 sqft
    2020-07-01 0 days 1,811 sqft
    2020-08-01 0 days 1,864 sqft
    2020-09-01 0 days 1,778 sqft
    2020-10-01 0 days 1,736 sqft
    2020-11-01 0 days 1,708 sqft
    2020-12-01 0 days 1,654 sqft
    2021-01-01 0 days 1,690 sqft
    2021-02-01 0 days 1,685 sqft
    2021-03-01 0 days 1,644 sqft
    2021-04-01 0 days 1,845 sqft
    2021-05-01 0 days 1,912 sqft
    2021-06-01 0 days 1,746 sqft
    2021-07-01 0 days 1,736 sqft
    2021-08-01 0 days 1,794 sqft
    2021-09-01 0 days 1,847 sqft
    2021-10-01 0 days 1,830 sqft
    2021-11-01 0 days 1,832 sqft
    2021-12-01 0 days 1,905 sqft
    2022-01-01 0 days 2,000 sqft
    2022-02-01 0 days 1,830 sqft
    2022-03-01 0 days 1,887 sqft
    2022-04-01 0 days 1,880 sqft
    2022-05-01 0 days 1,867 sqft
    2022-06-01 0 days 1,801 sqft
    2022-07-01 0 days 1,855 sqft
    2022-08-01 0 days 1,857 sqft
    2022-09-01 0 days 1,720 sqft
    2022-10-01 0 days 1,683 sqft
    2022-11-01 0 days 1,685 sqft
    2022-12-01 0 days 1,816 sqft
    2023-01-01 0 days 1,935 sqft
    2023-02-01 0 days 1,944 sqft
    2023-03-01 0 days 1,951 sqft
    2023-04-01 0 days 1,942 sqft
    2023-05-01 0 days 1,851 sqft
    2023-06-01 0 days 1,820 sqft
    2023-07-01 0 days 1,792 sqft
    2023-08-01 0 days 1,691 sqft
    2023-09-01 0 days 1,639 sqft
    2023-10-01 0 days 1,596 sqft
    2023-11-01 0 days 1,609 sqft
    2023-12-01 0 days 1,613 sqft
    2024-01-01 0 days 1,623 sqft
    2024-02-01 0 days 1,636 sqft
    2024-03-01 0 days 1,512 sqft
    2024-04-01 0 days 1,581 sqft
    2024-05-01 0 days 1,691 sqft
    2024-06-01 0 days 1,822 sqft
    2024-07-01 0 days 1,703 sqft
    2024-08-01 0 days 1,838 sqft
    2024-09-01 0 days 1,742 sqft
    2024-10-01 0 days 1,722 sqft
    2024-11-01 0 days 1,700 sqft
    2024-12-01 0 days 1,708 sqft
    2025-01-01 0 days 1,712 sqft
    Amsterdam's median listing age (time on market) for 2025-01-01 was 0 days.

    Amsterdam's median square footage for active listings during the 2025-01-01 period was 1,712 sqft. One year prior, the average listing was 1,623 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.