VA Mortgage Calculator

Estimate your VA home loan payment, funding fee, financed balance, and total monthly housing cost.

How to Use

  1. Enter the home price, down payment, interest rate, and loan term.
  2. Choose your VA funding fee method or enter a custom percentage.
  3. Add taxes, insurance, HOA, and optional monthly debt if you want a fuller estimate.
  4. Review payment results, funding fee amount, and Show Work for the calculation breakdown.
Loan Snapshot
Estimated Payment Summary
Ready
Monthly Payment
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Principal + Interest
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Loan Amount
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Financed Balance
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Funding Fee
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Estimated Cash Needed
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Housing Load —

Add gross monthly income and monthly debt to estimate a simple payment-to-income view.

Inputs & Settings
Fill in the numbers below. The calculator is designed for estimate purposes and does not replace lender disclosures.
Purchase price of the home.
Dollar amount paid upfront. VA loans may allow 0% down.
Annual nominal interest rate.
Most VA mortgages commonly use 15- or 30-year terms.
Choose how the funding fee should be handled.
Enter the percentage to apply when using default or custom mode.
Most borrowers roll the funding fee into the financed amount.
Annual property tax estimate.
Annual homeowners insurance premium.
Monthly homeowner association dues.
Optional upfront cost estimate.
Optional. Used for simple affordability ratios.
Optional. Includes other monthly debt obligations.
Show Work (step-by-step)
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Work is shown using standard mortgage math and monthlyized tax/insurance values.

Payment Breakdown

Principal + Interest
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Property Tax / Month
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Insurance / Month
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HOA / Month
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Total Housing Payment
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Estimated DTI With Other Debt
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VA Mortgage Formula Reference

Quick answer: the mortgage payment is primarily based on financed loan amount, monthly interest rate, and total number of monthly payments.

  • Base Loan Amount: Home Price − Down Payment
  • Funding Fee: Base Loan × Funding Fee %
  • Financed Loan: Base Loan + Financed Funding Fee
  • Monthly Interest Rate: Annual Rate ÷ 12
  • Total Payments: Loan Term in Years × 12
  • Total Monthly Payment: Principal & Interest + Taxes + Insurance + HOA
This page is an estimator. Actual lender guidelines, entitlement rules, exemptions, closing costs, escrow setup, and final disclosures may differ.

FAQ

Does this calculator include the VA funding fee?

Yes. You can finance it into the loan, pay it upfront in cash, enter a custom percentage, or set it to none.

Can I use 0% down?

Yes. VA loans commonly allow eligible borrowers to purchase with no down payment, subject to lender and eligibility rules.

Does the monthly payment include taxes and insurance?

It can. Enter annual property tax and homeowners insurance, and the tool converts them into monthly escrow-style amounts.

Is this an approval tool?

No. It is an estimate tool. Approval depends on lender standards, credit, residual income, debt, entitlement details, and final underwriting.

Tool Info

Last updated:

Updates may include formula handling, UX refinement, and improved edge-case validation.