Questions? Call 1-877-825-6264 today

A fast & easy way to determine your monthly mortgage payment so you can find the right home that fits your budget.

This FREE VA Home Loan calculator gives you a snapshot of what your monthly payments would be with a VA Loan.

Simply enter your loan details
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Amount Financed
Purchase Price (-) Down Payment (+) VA Funding Fee

VA Funding Fee
One time fee paid to the VA to fund the loan. Calculated by type of service, loan amount, amount down and subsequent VA Loan usage.

Estimated Taxes & Insurance
Property Taxes are estimated at 1.2% of the home's value. Annual homeowners insurance is roughly 0.35% of the home's value but can vary based on insurer.

Notice:
This VA Home Loan calculator provides a broad estimate of your monthly mortgage payments. More deductions may be available to you.

Please note, this information is for your educational use only and rates and terms are subject to the policies of a lender.

Amount Financed
Purchase Price (-) Down Payment (+) VA Funding Fee

VA Funding Fee
One time fee paid to the VA to fund the loan. Calculated by type of service, loan amount, amount down and subsequent VA Loan usage.

Estimated Taxes & Insurance
Property Taxes are estimated at 1.2% of the home's value. Annual homeowners insurance is roughly 0.35% of the home's value but can vary based on insurer.

Notice:
This VA Home Loan calculator provides a broad estimate of your monthly mortgage payments. More deductions may be available to you.

Please note, this information is for your educational use only and rates and terms are subject to the policies of a lender.

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How the VA Loan Calculator Works

Our VA Loan Calculator gives you the opportunity to quickly and easily calculate your monthly payment for different loan amounts and home values. The calculator also determines your VA Funding Fee and factors that into your payment estimate.

VA Funding Fee Explained

The VA Funding Fee is paid directly to the Department of Veteran's Affairs and is the reason they can guarantee this no-money-down loan program. The Funding Fee is automatically financed in your VA Loan and calculated into your payments. The amount of the Funding Fee is determined by 4 factors:

  • loan amount,
  • type of service,
  • down payment (if any),
  • and whether or not you have used your VA Loan in the past.

First-Time Use

Down Payment
Active Duty / Retired
Guard / Reserve
$0 Down
2.15%
2.40%
5-10% Down
1.50%
1.75%
10% or more
1.25%
1.50%

Subsequent Use

Down Payment
Active Duty / Retired
Guard / Reserve
$0 Down
2.15%
2.40%
5-10% Down
1.50%
1.75%
10% or more
1.25%
1.50%

No Down Payment Necessary

The VA Loan requires no down payment, making it the most popular choice for loan programs among our Nation's past and present Military.

Term of Loan

VA Home Loans are available in 15- and 30-year terms. The most popular term for a VA Home Loan is 30-years because it lowers the payments substantially. The 15 year loan comes with a higher monthly payment, but also less interest paid out over the life of the loan.

Download a FREE
"Finding and Financing Your Dream Home" eBook to more about:

  • how to choose a real estate agent & lender,
  • simple ways to boost your credit score,
  • negotiating the best possible deal,
  • and so much more...
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Questions?

Call now to speak to a VA Loan Specialist at Veterans United Home Loans.
1-877-825-6264

Veterans United Home Loans is a VA approved lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.

NMLS ID #1907 | Equal Housing Lender | Not available in New York