VA Loan Calculator
Calculate your VA loan payments with our comprehensive calculator. Estimate monthly payments, total interest, and understand how much home you can afford with a VA mortgage.
Step 1: Loan Details
VA Loan Benefits
VA loans typically require no down payment and no private mortgage insurance (PMI). They offer competitive interest rates and more flexible qualification requirements than conventional loans.
Step 2: Loan Terms
About VA Funding Fee
The VA funding fee is a one-time payment that helps lower the cost of VA loans for taxpayers. The amount varies based on your down payment, type of service, and whether it’s your first VA loan.
VA Loan Payment Results
Estimated Monthly Payment
Amortization Schedule (First 5 Years)
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
Monthly Payment Breakdown
VA Loan Calculation Formula
Monthly Payment = P × [r(1+r)^n] / [(1+r)^n – 1]
Where: P = Principal loan amount, r = Monthly interest rate (annual rate ÷ 12), n = Total number of payments (loan term in years × 12). Property tax and insurance are added to the monthly payment.
Need VA Loan Assistance?
Connect with our VA loan specialists for personalized guidance, pre-approval assistance, and expert advice on your home financing options.
Get Free Consultation