VA Loan Payment Calculator
Use your loan amount, rate, term, and funding-fee tier to see the P&I effect of rolling the VA funding fee into the loan.
VA loan assumptions
Base loan amount ($)iUse your best current estimate; lender and account terms control. | |
|---|---|
Interest rate (%)iUse your best current estimate; lender and account terms control. | |
Term (years)iUse your best current estimate; lender and account terms control. | |
| Funding fee tier | |
| Finance funding fee? |
How to use this calculator
- Enter the base VA loan, rate, and term.
- Select the fee rate that matches your eligibility and down-payment situation.
- Choose whether the fee is financed and compare the base and financed balances.
Results explained
The headline is estimated P&I. VA loans generally do not have monthly mortgage insurance, but a funding fee may apply and can be financed; eligibility, exemptions, and fee tiers are determined by VA rules.
Quick reference: VA funding fee sketch
The funding fee is a one-time percentage, not a monthly insurance line.
| Item | Detail |
|---|---|
| Base loan | Amount before funding fee |
| Funding fee | Base loan × selected fee percentage |
| Financed loan | Base loan + fee when selected |
This is not a VA eligibility determination or Loan Estimate.
How it’s built
When financed, the funding fee is added to principal and the standard fixed-rate amortization formula calculates P&I.
Example
A $350,000 loan with a 2.15% financed funding fee starts payment math from about $357,525 rather than the base loan.
FAQ
Who is exempt?
Some borrowers, including certain veterans receiving disability compensation, may be exempt; confirm with your lender.
Is there monthly VA mortgage insurance?
VA loans generally do not charge monthly mortgage insurance.
Are rates guaranteed?
No. Use your actual lender quote when available.