VA Loan Calculator
Estimate a VA mortgage payment with an optional financed funding fee. VA loans generally do not require monthly mortgage insurance, but eligibility and exemptions are separate questions.
- Formula
- Shown below
- Data
- Stays private
- Result
- Updates live
Written by the ToolGrym Editorial Team
Last reviewed:
Calculation workspace
Enter your numbers
No submit button — results update as you type.
Estimated monthly payment
$2,492.24
Principal, interest, and program insurance fee
- Base loan amount
- $394,299
- Upfront fee financed
- $8,299
- Monthly insurance/annual fee
- $0
What to compare
3.5%
Starting cash down as a percentage of price
- Upfront program fee
- $8,299
- Monthly program fee
- $0
This is an educational estimate, not an eligibility decision or Loan Estimate. Program rules, county limits, fees, caps, and lender overlays vary. Confirm the exact terms with an approved lender.
Use the VA funding fee guide and compare the result with a conventional offer on the same home and term.
Frequently asked questions
- Does the calculator add the VA funding fee?
- Yes. Enter the applicable percentage and the fee is added to the base loan as a financed cost.
- Does every VA borrower pay a funding fee?
- No. Some borrowers are exempt. Confirm your status with VA and your lender.
- Does this include VA eligibility?
- No. A Certificate of Eligibility, entitlement, residual-income review, appraisal, and lender underwriting are required.
- Does VA require monthly mortgage insurance?
- The VA program generally does not require monthly mortgage insurance, but other escrow and closing costs still apply.
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The ToolGrym editorial team builds and maintains every calculator on this site. Each tool’s formulas are implemented as tested code and verified against authoritative sources such as the CFPB, Federal Reserve, IRS, and BLS.