VA Mortgage Calculator

Our VA mortgage calculator helps veterans, active-duty service members, and eligible spouses estimate monthly payments for a VA-backed home loan.

VA Loan Benefits

• No down payment required (up to loan limits)
• No private mortgage insurance (PMI)
• Competitive interest rates
• Limited closing costs

VA Funding Fee

The VA funding fee helps keep the program running. It's typically 2.15% for first-time users with no down payment, but can be lower with a down payment or for subsequent use. Veterans with service-connected disabilities are exempt.

Example

Home Price: $300,000, Down Payment: $0, Interest: 6%, Term: 30 years
Monthly Payment: ~$1,872 (no PMI required)