KLOORAVA Loan Calculator
Estimate a VA mortgage payment with the VA funding fee and no down payment.
Quick answer: VA Loan Calculator: Estimate a VA mortgage payment with the VA funding fee and no down payment. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use VA Loan Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
How it works
The funding fee is added to the loan balance, then principal and interest are calculated on the larger amount.
Worked example
A 400,000 home with no down payment has a 2.15 percent fee of 8,600, a loan of 408,600 and principal and interest near 2,500 a month at 6.2 percent.
Good to know
Fee rates differ for repeat use and for Reserve and National Guard members. Check va.gov.
Frequently asked questions
Is a down payment required?
No. VA loans allow 0 percent down for eligible veterans and service members.
What is the funding fee?
A one time fee. For first use it is 2.15 percent with no down payment, 1.5 percent with 5 percent down and 1.25 percent with 10 percent down. It is waived for some disabled veterans.
Is the VA Loan Calculator free?
Yes. It is free, needs no signup and works on any device.