VA Loan Calculator
Enter your loan amount, rate, term and funding fee to estimate the monthly payment on a VA mortgage.
- Free
- No sign-up
Enter the loan amount, rate and term to see the VA payment.
Worked example
With these example inputs:
- Base loan amount$300,000
- Interest rate6.5%
- Loan term30 yr
- Funding fee rate2.15%
Monthly payment: $1,937
- Financed funding fee$6,450
- Total loan with fee$306,450
Frequently asked questions
What is the VA funding fee?
It is a one-time fee paid to the VA loan program, often 2.15% for a first purchase, which most borrowers finance into the loan. This calculator rolls it in and bases the payment on the larger balance.
Do VA loans have monthly mortgage insurance?
No, VA loans carry no monthly mortgage insurance, which is one of their main advantages. Property tax and homeowners insurance are still added separately.