VA Loan Calculator

Calculate Your Military Benefits & Estimate Monthly Payments for VA Home Loans

What is a VA Loan Calculator?

A VA Loan Calculator is a specialized tool designed to help veterans, active-duty service members, and eligible military spouses estimate their monthly mortgage payments when using a VA loan. Unlike standard mortgage calculators, this tool accounts for the unique aspects of VA loans, including the VA funding fee, potential disability exemptions, and the $0 down payment option that makes these loans so valuable to military families.

The calculator provides a comprehensive breakdown of your potential monthly payments, including principal, interest, property taxes, and homeowners insurance. By inputting basic information about your military status, loan amount, and property details, you can quickly determine what you can afford and make informed decisions about your home purchase.

No Down Payment Required
VA loans allow eligible borrowers to become homeowners without contributing money upfront, a significant advantage compared to conventional mortgages that typically require at least 20% down
No Mortgage Insurance
Unlike FHA loans or conventional loans with less than 20% down, VA loans don't require any mortgage insurance, saving you considerable money each month
VA Funding Fee
This one-time fee paid to the Department of Veterans Affairs helps keep the program running. First-time users typically pay 2.15% with no down payment, while subsequent users pay 3.3%. Veterans with service-related disabilities are exempt
Personalized Estimates
By entering details like home price, loan term, interest rate, and military status, you'll receive accurate estimates of your monthly payments, helping you understand exactly what you can afford
Lower Interest Rates
VA loans typically offer lower interest rates than conventional loans, saving you money over the life of your mortgage

1Service Information

Service Era

Length of Service (months)

Meets general service requirement for this era (24+ months).

2Loan Type & Purpose

Loan Type

VA Funding Fee Status

3Loan Amount & Terms

Home Price ($)

VA loans can finance up to 100% of the home price for eligible borrowers.

Interest Rate (%)

Loan Term

4Down Payment

Down Payment (%)

Down Payment ($)

Put down 5% to drop your funding fee to 1.50% — roughly $2,925 less financed into your loan.

While VA loans don't require a down payment, making one can significantly reduce your funding fee and monthly payment.

5Housing Costsfor a fuller payment estimate

Property Tax Rate (%)

Auto-estimated for this home price: 0.35% ($1,554/yr) — edit to override.

Annual Home Insurance ($)

Auto-estimated for this home price: $1,316/yr — edit to override.

HOA Fees ($)

Monthly Homeowners Association fees, if applicable.

Loan Summary

Home Price$450,000

Down Payment$0 (0.00%)

Base Loan Amount$450,000

VA Funding Fee (2.15%)$9,675

Total Loan Amount$459,675

Loan Details

Loan Term30 years

Interest Rate6.250%

Total Interest Paid$559,232

Total Cost Over Life of Loan$1,018,907

Monthly Payment Breakdown

Principal$436

Interest$2,394

Property Taxes$130

Homeowners Insurance$110

Total Monthly Payment$3,069

Payment Components

Your monthly payment consists of Principal, Interest, Property Tax, and Homeowners Insurance (month 1). The VA Funding Fee is a one-time fee folded into your loan amount, not shown as a separate payment component.

Amortization Schedule

How your payment splits between principal and interest, and how your balance declines, across the full loan term (the VA Funding Fee is included in your initial balance).

Payment Over Time (monthly amortization schedule)

Month	Principal Paid	Interest Paid	Remaining Balance
1	$436	$2,394	$459,239
2	$438	$2,392	$458,800
3	$441	$2,390	$458,360
4	$443	$2,387	$457,917
5	$445	$2,385	$457,471
6	$448	$2,383	$457,024
7	$450	$2,380	$456,574
8	$452	$2,378	$456,121
9	$455	$2,376	$455,667
10	$457	$2,373	$455,210
11	$459	$2,371	$454,750
12	$462	$2,368	$454,289
13	$464	$2,366	$453,824
14	$467	$2,364	$453,358
15	$469	$2,361	$452,889
16	$472	$2,359	$452,417
17	$474	$2,356	$451,943
18	$476	$2,354	$451,467
19	$479	$2,351	$450,988
20	$481	$2,349	$450,506
21	$484	$2,346	$450,023
22	$486	$2,344	$449,536
23	$489	$2,341	$449,047
24	$492	$2,339	$448,556
25	$494	$2,336	$448,062
26	$497	$2,334	$447,565
27	$499	$2,331	$447,066
28	$502	$2,328	$446,564
29	$504	$2,326	$446,059
30	$507	$2,323	$445,552
31	$510	$2,321	$445,043
32	$512	$2,318	$444,530
33	$515	$2,315	$444,015
34	$518	$2,313	$443,498
35	$520	$2,310	$442,977
36	$523	$2,307	$442,454
37	$526	$2,304	$441,928
38	$529	$2,302	$441,400
39	$531	$2,299	$440,868
40	$534	$2,296	$440,334
41	$537	$2,293	$439,797
42	$540	$2,291	$439,257
43	$542	$2,288	$438,715
44	$545	$2,285	$438,170
45	$548	$2,282	$437,622
46	$551	$2,279	$437,070
47	$554	$2,276	$436,517
48	$557	$2,274	$435,960
49	$560	$2,271	$435,400
50	$563	$2,268	$434,838
51	$566	$2,265	$434,272
52	$568	$2,262	$433,704
53	$571	$2,259	$433,132
54	$574	$2,256	$432,558
55	$577	$2,253	$431,980
56	$580	$2,250	$431,400
57	$583	$2,247	$430,817
58	$586	$2,244	$430,230
59	$590	$2,241	$429,641
60	$593	$2,238	$429,048
61	$596	$2,235	$428,452
62	$599	$2,232	$427,854
63	$602	$2,228	$427,252
64	$605	$2,225	$426,647
65	$608	$2,222	$426,038
66	$611	$2,219	$425,427
67	$615	$2,216	$424,813
68	$618	$2,213	$424,195
69	$621	$2,209	$423,574
70	$624	$2,206	$422,950
71	$627	$2,203	$422,322
72	$631	$2,200	$421,692
73	$634	$2,196	$421,058
74	$637	$2,193	$420,420
75	$641	$2,190	$419,780
76	$644	$2,186	$419,136
77	$647	$2,183	$418,488
78	$651	$2,180	$417,838
79	$654	$2,176	$417,184
80	$657	$2,173	$416,526
81	$661	$2,169	$415,865
82	$664	$2,166	$415,201
83	$668	$2,163	$414,533
84	$671	$2,159	$413,862
85	$675	$2,156	$413,187
86	$678	$2,152	$412,509
87	$682	$2,148	$411,827
88	$685	$2,145	$411,142
89	$689	$2,141	$410,453
90	$693	$2,138	$409,760
91	$696	$2,134	$409,064
92	$700	$2,131	$408,364
93	$703	$2,127	$407,661
94	$707	$2,123	$406,954
95	$711	$2,120	$406,243
96	$714	$2,116	$405,529
97	$718	$2,112	$404,811
98	$722	$2,108	$404,089
99	$726	$2,105	$403,363
100	$729	$2,101	$402,633
101	$733	$2,097	$401,900
102	$737	$2,093	$401,163
103	$741	$2,089	$400,422
104	$745	$2,086	$399,677
105	$749	$2,082	$398,929
106	$753	$2,078	$398,176
107	$756	$2,074	$397,420
108	$760	$2,070	$396,659
109	$764	$2,066	$395,895
110	$768	$2,062	$395,127
111	$772	$2,058	$394,354
112	$776	$2,054	$393,578
113	$780	$2,050	$392,798
114	$784	$2,046	$392,013
115	$789	$2,042	$391,225
116	$793	$2,038	$390,432
117	$797	$2,033	$389,635
118	$801	$2,029	$388,834
119	$805	$2,025	$388,029
120	$809	$2,021	$387,220
121	$814	$2,017	$386,406
122	$818	$2,013	$385,588
123	$822	$2,008	$384,766
124	$826	$2,004	$383,940
125	$831	$2,000	$383,109
126	$835	$1,995	$382,275
127	$839	$1,991	$381,435
128	$844	$1,987	$380,592
129	$848	$1,982	$379,744
130	$852	$1,978	$378,891
131	$857	$1,973	$378,034
132	$861	$1,969	$377,173
133	$866	$1,964	$376,307
134	$870	$1,960	$375,437
135	$875	$1,955	$374,562
136	$879	$1,951	$373,682
137	$884	$1,946	$372,798
138	$889	$1,942	$371,910
139	$893	$1,937	$371,016
140	$898	$1,932	$370,118
141	$903	$1,928	$369,216
142	$907	$1,923	$368,308
143	$912	$1,918	$367,396
144	$917	$1,914	$366,480
145	$922	$1,909	$365,558
146	$926	$1,904	$364,632
147	$931	$1,899	$363,701
148	$936	$1,894	$362,765
149	$941	$1,889	$361,824
150	$946	$1,884	$360,878
151	$951	$1,880	$359,927
152	$956	$1,875	$358,971
153	$961	$1,870	$358,011
154	$966	$1,865	$357,045
155	$971	$1,860	$356,074
156	$976	$1,855	$355,099
157	$981	$1,849	$354,118
158	$986	$1,844	$353,132
159	$991	$1,839	$352,141
160	$996	$1,834	$351,145
161	$1,001	$1,829	$350,143
162	$1,007	$1,824	$349,137
163	$1,012	$1,818	$348,125
164	$1,017	$1,813	$347,108
165	$1,022	$1,808	$346,085
166	$1,028	$1,803	$345,057
167	$1,033	$1,797	$344,024
168	$1,039	$1,792	$342,986
169	$1,044	$1,786	$341,942
170	$1,049	$1,781	$340,892
171	$1,055	$1,775	$339,838
172	$1,060	$1,770	$338,777
173	$1,066	$1,764	$337,711
174	$1,071	$1,759	$336,640
175	$1,077	$1,753	$335,563
176	$1,083	$1,748	$334,481
177	$1,088	$1,742	$333,392
178	$1,094	$1,736	$332,298
179	$1,100	$1,731	$331,199
180	$1,105	$1,725	$330,094
181	$1,111	$1,719	$328,983
182	$1,117	$1,713	$327,866
183	$1,123	$1,708	$326,743
184	$1,129	$1,702	$325,615
185	$1,134	$1,696	$324,480
186	$1,140	$1,690	$323,340
187	$1,146	$1,684	$322,194
188	$1,152	$1,678	$321,041
189	$1,158	$1,672	$319,883
190	$1,164	$1,666	$318,719
191	$1,170	$1,660	$317,549
192	$1,176	$1,654	$316,372
193	$1,183	$1,648	$315,190
194	$1,189	$1,642	$314,001
195	$1,195	$1,635	$312,806
196	$1,201	$1,629	$311,605
197	$1,207	$1,623	$310,398
198	$1,214	$1,617	$309,184
199	$1,220	$1,610	$307,964
200	$1,226	$1,604	$306,738
201	$1,233	$1,598	$305,505
202	$1,239	$1,591	$304,266
203	$1,246	$1,585	$303,020
204	$1,252	$1,578	$301,768
205	$1,259	$1,572	$300,510
206	$1,265	$1,565	$299,245
207	$1,272	$1,559	$297,973
208	$1,278	$1,552	$296,694
209	$1,285	$1,545	$295,409
210	$1,292	$1,539	$294,118
211	$1,298	$1,532	$292,819
212	$1,305	$1,525	$291,514
213	$1,312	$1,518	$290,202
214	$1,319	$1,511	$288,883
215	$1,326	$1,505	$287,558
216	$1,333	$1,498	$286,225
217	$1,340	$1,491	$284,885
218	$1,347	$1,484	$283,539
219	$1,354	$1,477	$282,185
220	$1,361	$1,470	$280,825
221	$1,368	$1,463	$279,457
222	$1,375	$1,456	$278,082
223	$1,382	$1,448	$276,700
224	$1,389	$1,441	$275,311
225	$1,396	$1,434	$273,915
226	$1,404	$1,427	$272,511
227	$1,411	$1,419	$271,100
228	$1,418	$1,412	$269,682
229	$1,426	$1,405	$268,256
230	$1,433	$1,397	$266,823
231	$1,441	$1,390	$265,382
232	$1,448	$1,382	$263,934
233	$1,456	$1,375	$262,479
234	$1,463	$1,367	$261,016
235	$1,471	$1,359	$259,545
236	$1,479	$1,352	$258,066
237	$1,486	$1,344	$256,580
238	$1,494	$1,336	$255,086
239	$1,502	$1,329	$253,584
240	$1,510	$1,321	$252,075
241	$1,517	$1,313	$250,557
242	$1,525	$1,305	$249,032
243	$1,533	$1,297	$247,499
244	$1,541	$1,289	$245,958
245	$1,549	$1,281	$244,408
246	$1,557	$1,273	$242,851
247	$1,565	$1,265	$241,286
248	$1,574	$1,257	$239,712
249	$1,582	$1,248	$238,130
250	$1,590	$1,240	$236,540
251	$1,598	$1,232	$234,942
252	$1,607	$1,224	$233,335
253	$1,615	$1,215	$231,720
254	$1,623	$1,207	$230,097
255	$1,632	$1,198	$228,465
256	$1,640	$1,190	$226,824
257	$1,649	$1,181	$225,175
258	$1,658	$1,173	$223,518
259	$1,666	$1,164	$221,852
260	$1,675	$1,155	$220,177
261	$1,684	$1,147	$218,493
262	$1,692	$1,138	$216,801
263	$1,701	$1,129	$215,100
264	$1,710	$1,120	$213,390
265	$1,719	$1,111	$211,671
266	$1,728	$1,102	$209,943
267	$1,737	$1,093	$208,206
268	$1,746	$1,084	$206,461
269	$1,755	$1,075	$204,706
270	$1,764	$1,066	$202,941
271	$1,773	$1,057	$201,168
272	$1,783	$1,048	$199,386
273	$1,792	$1,038	$197,594
274	$1,801	$1,029	$195,793
275	$1,811	$1,020	$193,982
276	$1,820	$1,010	$192,162
277	$1,829	$1,001	$190,333
278	$1,839	$991	$188,494
279	$1,849	$982	$186,645
280	$1,858	$972	$184,787
281	$1,868	$962	$182,919
282	$1,878	$953	$181,041
283	$1,887	$943	$179,154
284	$1,897	$933	$177,257
285	$1,907	$923	$175,350
286	$1,917	$913	$173,433
287	$1,927	$903	$171,506
288	$1,937	$893	$169,569
289	$1,947	$883	$167,622
290	$1,957	$873	$165,664
291	$1,967	$863	$163,697
292	$1,978	$853	$161,719
293	$1,988	$842	$159,731
294	$1,998	$832	$157,733
295	$2,009	$822	$155,724
296	$2,019	$811	$153,705
297	$2,030	$801	$151,675
298	$2,040	$790	$149,635
299	$2,051	$779	$147,584
300	$2,062	$769	$145,522
301	$2,072	$758	$143,450
302	$2,083	$747	$141,367
303	$2,094	$736	$139,273
304	$2,105	$725	$137,168
305	$2,116	$714	$135,052
306	$2,127	$703	$132,925
307	$2,138	$692	$130,787
308	$2,149	$681	$128,638
309	$2,160	$670	$126,477
310	$2,172	$659	$124,306
311	$2,183	$647	$122,123
312	$2,194	$636	$119,929
313	$2,206	$625	$117,723
314	$2,217	$613	$115,506
315	$2,229	$602	$113,277
316	$2,240	$590	$111,037
317	$2,252	$578	$108,785
318	$2,264	$567	$106,521
319	$2,275	$555	$104,246
320	$2,287	$543	$101,958
321	$2,299	$531	$99,659
322	$2,311	$519	$97,348
323	$2,323	$507	$95,025
324	$2,335	$495	$92,689
325	$2,348	$483	$90,342
326	$2,360	$471	$87,982
327	$2,372	$458	$85,610
328	$2,384	$446	$83,225
329	$2,397	$433	$80,829
330	$2,409	$421	$78,419
331	$2,422	$408	$75,997
332	$2,434	$396	$73,563
333	$2,447	$383	$71,116
334	$2,460	$370	$68,656
335	$2,473	$358	$66,183
336	$2,486	$345	$63,698
337	$2,499	$332	$61,199
338	$2,512	$319	$58,688
339	$2,525	$306	$56,163
340	$2,538	$293	$53,625
341	$2,551	$279	$51,074
342	$2,564	$266	$48,510
343	$2,578	$253	$45,932
344	$2,591	$239	$43,341
345	$2,605	$226	$40,737
346	$2,618	$212	$38,118
347	$2,632	$199	$35,487
348	$2,645	$185	$32,841
349	$2,659	$171	$30,182
350	$2,673	$157	$27,509
351	$2,687	$143	$24,822
352	$2,701	$129	$22,121
353	$2,715	$115	$19,406
354	$2,729	$101	$16,676
355	$2,743	$87	$13,933
356	$2,758	$73	$11,175
357	$2,772	$58	$8,403
358	$2,787	$44	$5,617
359	$2,801	$29	$2,816
360	$2,816	$15	$0

The information provided by this VA Loan Calculator is for illustrative purposes only and should not be considered financial advice. Results are based on user-input data and standard calculations. Actual loan terms, interest rates, funding fees, and other financial parameters may vary. All loans subject to underwriter approval.

Recommendations & Key Insights

VA Loan Analysis

Your base loan amount is $450,000, with a 2.15% VA Funding Fee ($9,675) financed into the loan for a total loan amount of $459,675.
Your estimated total monthly payment is $3,069 — $436 in principal, $2,394 in interest, $130 in property taxes, $110 in homeowners insurance. VA loans require no monthly mortgage insurance.

Funding Fee Considerations

Increasing your down payment to 5% would lower your funding fee rate to 1.50%, saving roughly $2,925 financed into your loan.
Veterans with a service-connected disability rating, certain Purple Heart recipients, and qualifying surviving spouses may be exempt from the VA Funding Fee entirely. Confirm your status with your VA-approved lender.
Meets the general service requirement for this era (24+ months).

Next Steps

Based on your scenario, here's what we'd suggest next:

Request your VA Certificate of Eligibility (COE) to confirm entitlement before shopping for a home.
Ask a loan officer whether your disability rating or survivor status qualifies you for a funding fee exemption.
Contact a Mortgage Brothers loan officer to review your options and lock in current VA guidelines.

Ready to Secure Your VA Home Loan?

Get personalized assistance with your VA loan application and discover how much you can afford with your military benefits. Our mortgage experts specialize in helping veterans and active-duty service members navigate the VA loan process.

Get Your Free VA Loan Quote Today

Additional Mortgage Calculation Tools

Our VA Loan Calculator is just one of several specialized tools we've developed to help you make informed decisions about your home financing options. These calculators provide accurate estimates tailored to different loan types and financial situations, allowing you to compare options and find the perfect mortgage solution for your needs.

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