Estimate VA loan payments including the VA funding fee, with no monthly PMI.
| Year | Payments | Principal | Interest | Ending balance |
|---|---|---|---|---|
| 2026 | $7,349.29 | $1,226.40 | $6,122.89 | $407,373.60 |
| 2027 | $29,397.16 | $5,093.30 | $24,303.86 | $402,280.30 |
| 2028 | $29,397.16 | $5,407.44 | $23,989.72 | $396,872.86 |
| 2029 | $29,397.16 | $5,740.96 | $23,656.20 | $391,131.90 |
| 2030 | $29,397.16 | $6,095.05 | $23,302.11 | $385,036.85 |
| 2031 | $29,397.16 | $6,470.98 | $22,926.18 | $378,565.87 |
| 2032 | $29,397.16 | $6,870.10 | $22,527.07 | $371,695.77 |
| 2033 | $29,397.16 | $7,293.83 | $22,103.33 | $364,401.95 |
| 2034 | $29,397.16 | $7,743.70 | $21,653.47 | $356,658.25 |
| 2035 | $29,397.16 | $8,221.31 | $21,175.85 | $348,436.94 |
| 2036 | $29,397.16 | $8,728.38 | $20,668.78 | $339,708.56 |
| 2037 | $29,397.16 | $9,266.73 | $20,130.43 | $330,441.83 |
| 2038 | $29,397.16 | $9,838.28 | $19,558.88 | $320,603.55 |
| 2039 | $29,397.16 | $10,445.08 | $18,952.08 | $310,158.47 |
| 2040 | $29,397.16 | $11,089.31 | $18,307.85 | $299,069.15 |
| 2041 | $29,397.16 | $11,773.28 | $17,623.88 | $287,295.87 |
| 2042 | $29,397.16 | $12,499.43 | $16,897.73 | $274,796.44 |
| 2043 | $29,397.16 | $13,270.37 | $16,126.79 | $261,526.08 |
| 2044 | $29,397.16 | $14,088.85 | $15,308.31 | $247,437.22 |
| 2045 | $29,397.16 | $14,957.82 | $14,439.34 | $232,479.40 |
| 2046 | $29,397.16 | $15,880.39 | $13,516.77 | $216,599.01 |
| 2047 | $29,397.16 | $16,859.86 | $12,537.30 | $199,739.16 |
| 2048 | $29,397.16 | $17,899.74 | $11,497.43 | $181,839.42 |
| 2049 | $29,397.16 | $19,003.75 | $10,393.41 | $162,835.67 |
| 2050 | $29,397.16 | $20,175.86 | $9,221.30 | $142,659.81 |
| 2051 | $29,397.16 | $21,420.27 | $7,976.90 | $121,239.54 |
| 2052 | $29,397.16 | $22,741.42 | $6,655.74 | $98,498.12 |
| 2053 | $29,397.16 | $24,144.06 | $5,253.10 | $74,354.06 |
| 2054 | $29,397.16 | $25,633.21 | $3,763.95 | $48,720.84 |
| 2055 | $29,397.16 | $27,214.21 | $2,182.95 | $21,506.63 |
| 2056 | $22,047.87 | $21,506.63 | $541.24 | $0.00 |
Please do not make financial decisions based on these results.
What is the VA Mortgage Calculator?
A VA mortgage calculator estimates payments on a loan guaranteed by the Department of Veterans Affairs. VA loans need no down payment and no monthly mortgage insurance, but most borrowers pay a one-time funding fee.
Understanding home financing
Buying or financing a home involves a handful of numbers that interact: the price, the down payment, the interest rate, the loan term and the ongoing costs of ownership. The mortgage calculator combines them into a monthly payment, while the amortization calculator shows how each payment is split between interest and principal.
Costs beyond the loan
Property taxes, homeowners insurance, mortgage insurance, association dues and maintenance all add to the monthly cost of owning. Lenders also look at your debt-to-income ratio and your savings, so check what you can afford with the house affordability calculator before you start house hunting.
Changing the loan later
Once you own, you may want to lower the rate, shorten the term or borrow against your equity. The refinance calculator and the mortgage payoff calculator help you compare those choices with the loan you already have.
How to use the VA Mortgage Calculator
- Fill in the fields. You will need Home price ($), Interest rate (% per year), Property tax (% of home value per year), Home insurance ($ per year). Use figures from a lender quote or your tax bill where you have them, and keep the term and rate realistic. Fields marked optional can stay at zero.
- Choose your options. Loan term, VA loan use, Funding fee change how the result is worked out, and the form updates to match your choice.
- Read the result. The highlighted box gives the Total monthly payment, and the cards below show Principal & interest, Property tax, Insurance. Tables and charts break it down further.
- Test other scenarios. Results update as you type. Change one value at a time to see what drives the answer, and press Reset to go back to the defaults.
Formula and how it works
Example with real numbers
Here is the VA Mortgage Calculator using the default values shown in the calculator above:
Inputs
| Home price ($) | 400,000 |
|---|---|
| Interest rate (% per year) | 6 |
| Loan term | 30 years |
| VA loan use | First use |
| Funding fee | Add to the loan |
| Property tax (% of home value per year) | 1.1 |
| Home insurance ($ per year) | 1,500 |
Results
| Total monthly payment | $2,941.43 |
|---|---|
| Principal & interest | $2,449.76 |
| Property tax | $366.67 |
| Insurance | $125.00 |
| HOA | $0.00 |
| Loan amount | $408,600.00 |
| Funding fee | $8,600.00 |
| PMI | $0 (VA loans have none) |
| Total interest | $473,314.84 |
With these inputs the calculator returns Total monthly payment: $2,941.43. Change any value in the calculator to see how the result moves.
What the results tell you
The results panel of the VA Mortgage Calculator reports Total monthly payment, principal & interest, property tax, insurance, hoa, loan amount and funding fee. Compare these figures while changing one input at a time, and use the related calculators below to look at the same situation from another angle.
Tips for better results
Method and limits. This calculator applies the formula in the section above to your inputs, in your browser; nothing you enter is stored on our servers. The result is only as accurate as the numbers you enter and the formula shown above. It is for information, not financial, tax or legal advice.
Frequently asked questions
Who is exempt from the funding fee?
Veterans receiving service-connected disability compensation, among others.
Is there a loan limit on VA loans?
For borrowers with full entitlement there is no VA limit, but lenders set their own limits based on your income and credit.
How much house can I afford?
A common rule is to keep housing costs under about 28% of gross income and total debt under 36%. The House Affordability Calculator applies those limits to your numbers.
Are property tax, insurance and PMI included?
Yes, this calculator includes property tax and home insurance. Enter your own local figures because they vary by county, insurer and lender.
Are the results guaranteed?
No. Results depend entirely on the numbers you enter and the formulas shown on this page. Please do not make financial decisions based on them alone; confirm important figures with a licensed professional.
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