VA Loan Calculator

Estimate your VA mortgage payments, including the VA Funding Fee. No PMI required.

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0% allowed for VA
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Estimated Monthly Payment

$0.00

Principal & Interest $0.00
Property Taxes $0.00
Home Insurance $0.00
Monthly PMI None!
Base Loan Amount $0.00
VA Funding Fee (Rolled in) $0.00
Total Loan Financed $0.00

Understanding the VA Loan Calculation

The VA Loan is one of the most powerful mortgage programs available to military veterans, service members, and eligible surviving spouses in the United States. Our calculator includes the specific features of this loan:

  • No Down Payment Required: You can purchase a home with 0% down.
  • No Private Mortgage Insurance (PMI): Unlike conventional loans with low down payments, VA loans never require monthly mortgage insurance.
  • VA Funding Fee: This is a one-time fee paid to the Department of Veterans Affairs. The fee percentage varies based on your down payment amount and whether this is your first time using a VA loan. This calculator automatically calculates the current fee and rolls it into your total loan balance.
  • Exemptions: Veterans receiving VA compensation for a service-connected disability are typically exempt from paying the VA Funding Fee.