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2026-09-14T00:00:00|6.968|0.023|6.274|0.035|6.725|-0.009|6.623|0.032||

VA Calculator: Estimate Your VA Loan Payment

Calculate an estimated VA mortgage payment with zero-down support, funding-fee options, property taxes, insurance, HOA fees, and principal and interest.

VA Mortgage Calculator

ZIP: —

Home Price

Down Payment (%)

Loan Term

Interest Rate (APR %) Editable estimate

Service Type

Loan Usage

Funding Fee Preset

VA Funding Fee (%)

Finance Funding Fee?

ZIP Code

Credit Score

Property Tax (monthly)

Homeowner's Insurance

HOA Fees

Monthly Mortgage Insurance VA loans typically do not require monthly PMI.

Estimated monthly payment

$0

Principal & Interest $0

Property Tax $0

Homeowner's Insurance $0

HOA Fees $0

Mortgage Insurance $0

Amortization Schedule (P&I)

What Is a VA Loan?

VA loans are mortgages backed by the U.S. Department of Veterans Affairs for eligible service members, veterans, National Guard and Reserve members, and some surviving spouses. They may offer zero down payment, no monthly PMI, and competitive mortgage rates.

VA Loan Benefits

Zero Down Payment

Eligible borrowers may finance the full purchase price within applicable rules.

No PMI

VA loans generally do not require monthly private mortgage insurance.

VA Funding Fee

A one-time funding fee may apply and can often be financed into the loan.

Competitive Rates

VA mortgage rates are often competitive with conventional financing.

No Program Loan Limit

Eligible borrowers with full entitlement may not have a VA-set loan limit.

Flexible Credit Review

Lenders commonly review credit, residual income, DTI, and overall borrower strength.

How to Use Our VA Calculator

Enter Your VA Loan Details

Home Price: Enter the property's purchase price.
Down Payment: Enter zero or any optional down payment.
Interest Rate: Enter the expected VA mortgage rate.
Loan Term: Choose a 15-year or 30-year fixed term.
Service Type and Usage: Used for the funding-fee estimate.
Funding Fee Exemption: Select exempt when the fee is waived.
Taxes and Insurance: Enter monthly property estimates.

VA Funding Fee Schedule

The funding fee varies by down payment, whether the loan is a first or subsequent use, service category, and exemption status.

First Use: 0% down = 2.15% · 5%+ down = 1.50% · 10%+ down = 1.25%

Subsequent Use: 0% down = 3.30% · 5%+ down = 1.50% · 10%+ down = 1.25%

Reserves/National Guard: The calculator adds 0.15% to the automatic estimate.

VA Loan vs. Other Options

VA financing can be highly competitive for eligible borrowers because it may combine zero down payment, no monthly PMI, and favorable terms. Compare the funding fee, rate, monthly payment, and long-term costs with FHA and conventional financing before choosing a loan.