VA Loan Calculator
The VA loan's headline perk is 0% down — but the cost that surprises buyers is the **VA funding fee**, a one-time charge that replaces the monthly mortgage insurance you'd pay on an FHA or low-down conventional loan. Enter your home price, down payment and rate to see the real VA payment (principal, interest and the funding fee rolled in) and confirm the absence of monthly MIP.
Tool Features
- Loan amount and the VA funding fee added to the balance
- Monthly principal & interest on the financed amount
- Confirms no monthly mortgage insurance on a VA loan
- Total monthly payment with optional tax and insurance
- Total funding fee, total interest and total cost over the term
Common Usage
- See the true 0%-down VA payment before you shop
- Compare VA vs FHA — VA drops monthly MIP, adds a funding fee
- Test how a 5% down payment lowers the funding fee to 1.5%
- Roll the payment into your budget with the House Affordability Calculator