VA Mortgage Calculator

Estimate your VA loan monthly payment, funding fee, and full amortization schedule — including 0%-down scenarios exclusive to eligible veterans and service members.

Results from this calculator are estimates provided for general informational purposes only, based on formulas, rates, and standards commonly accepted as of 2026. Figures may differ slightly from other calculators or professional sources due to rounding methods, differing assumptions, or regional regulations, and rules may change over time. Always consult a qualified professional — such as a financial advisor, healthcare provider, or other relevant specialist — before making decisions based on these results.

Home Price

Down Payment

Annual Interest Rate

Loan Term

First Use of VA Loan Benefit

Exempt from Funding Fee

Roll Funding Fee Into Loan

Annual Property Tax

Annual Homeowners Insurance

Monthly HOA Dues

Start Date

Total Monthly Payment

$2,515.82

Example

On a $400,000 home with no down payment (0% down), the VA funding fee is 2.15% of the $400,000 base loan amount, or $8,600.00, rolled into the loan. At 6.25% over 30 years, the principal & interest payment is $2,515.82, with $497,095 in total interest over the life of the loan.

VA Funding Fee

2.15% of the $400,000.00 base loan = $8,600.00 — financed into the loan

Financed Loan Amount

$408,600.00

Total Interest

$497,095.37

Payoff Date

Aug 2056

Total cost of the loan, split between principal and interest

Principal: $408,600.00
Total Interest: $497,095.37

What is a VA Mortgage Calculator?

A VA mortgage calculator estimates the monthly payment on a home loan guaranteed by the U.S. Department of Veterans Affairs — a benefit available to eligible veterans, active-duty service members, and certain surviving spouses. The signature feature of a VA loan is that it allows 0% down payment with no private mortgage insurance (PMI), which normally would be required on a conventional loan with less than 20% down.

In exchange for skipping PMI, most VA borrowers pay a one-time VA funding fee, which this calculator computes automatically based on your down payment percentage and whether this is your first time using your VA loan entitlement. The fee can be paid in cash at closing or rolled into the loan balance, which is what most borrowers choose to do.

Remaining balance and cumulative interest over time

Amortization Schedule

Monthly P&I: $2,515.82

Month	Payment	Principal	Interest	Balance
1	$2,515.82	$387.70	$2,128.12	$408,212.30
2	$2,515.82	$389.71	$2,126.11	$407,822.59
3	$2,515.82	$391.74	$2,124.08	$407,430.85
4	$2,515.82	$393.78	$2,122.04	$407,037.06
5	$2,515.82	$395.84	$2,119.98	$406,641.22
6	$2,515.82	$397.90	$2,117.92	$406,243.33
7	$2,515.82	$399.97	$2,115.85	$405,843.36
8	$2,515.82	$402.05	$2,113.77	$405,441.30
9	$2,515.82	$404.15	$2,111.67	$405,037.16
10	$2,515.82	$406.25	$2,109.57	$404,630.91
11	$2,515.82	$408.37	$2,107.45	$404,222.54
12	$2,515.82	$410.49	$2,105.33	$403,812.04
13	$2,515.82	$412.63	$2,103.19	$403,399.41
14	$2,515.82	$414.78	$2,101.04	$402,984.63
15	$2,515.82	$416.94	$2,098.88	$402,567.69
16	$2,515.82	$419.11	$2,096.71	$402,148.57
17	$2,515.82	$421.30	$2,094.52	$401,727.28
18	$2,515.82	$423.49	$2,092.33	$401,303.78
19	$2,515.82	$425.70	$2,090.12	$400,878.09
20	$2,515.82	$427.91	$2,087.91	$400,450.17
21	$2,515.82	$430.14	$2,085.68	$400,020.03
22	$2,515.82	$432.38	$2,083.44	$399,587.65
23	$2,515.82	$434.63	$2,081.19	$399,153.01
24	$2,515.82	$436.90	$2,078.92	$398,716.12
25	$2,515.82	$439.17	$2,076.65	$398,276.94
26	$2,515.82	$441.46	$2,074.36	$397,835.48
27	$2,515.82	$443.76	$2,072.06	$397,391.72
28	$2,515.82	$446.07	$2,069.75	$396,945.65
29	$2,515.82	$448.40	$2,067.43	$396,497.25
30	$2,515.82	$450.73	$2,065.09	$396,046.52
31	$2,515.82	$453.08	$2,062.74	$395,593.44
32	$2,515.82	$455.44	$2,060.38	$395,138.01
33	$2,515.82	$457.81	$2,058.01	$394,680.20
34	$2,515.82	$460.19	$2,055.63	$394,220.00
35	$2,515.82	$462.59	$2,053.23	$393,757.41
36	$2,515.82	$465.00	$2,050.82	$393,292.41
37	$2,515.82	$467.42	$2,048.40	$392,824.99
38	$2,515.82	$469.86	$2,045.96	$392,355.13
39	$2,515.82	$472.30	$2,043.52	$391,882.83
40	$2,515.82	$474.76	$2,041.06	$391,408.06
41	$2,515.82	$477.24	$2,038.58	$390,930.82
42	$2,515.82	$479.72	$2,036.10	$390,451.10
43	$2,515.82	$482.22	$2,033.60	$389,968.88
44	$2,515.82	$484.73	$2,031.09	$389,484.15
45	$2,515.82	$487.26	$2,028.56	$388,996.89
46	$2,515.82	$489.80	$2,026.03	$388,507.10
47	$2,515.82	$492.35	$2,023.47	$388,014.75
48	$2,515.82	$494.91	$2,020.91	$387,519.84
49	$2,515.82	$497.49	$2,018.33	$387,022.35
50	$2,515.82	$500.08	$2,015.74	$386,522.27
51	$2,515.82	$502.68	$2,013.14	$386,019.59
52	$2,515.82	$505.30	$2,010.52	$385,514.29
53	$2,515.82	$507.93	$2,007.89	$385,006.35
54	$2,515.82	$510.58	$2,005.24	$384,495.77
55	$2,515.82	$513.24	$2,002.58	$383,982.54
56	$2,515.82	$515.91	$1,999.91	$383,466.63
57	$2,515.82	$518.60	$1,997.22	$382,948.03
58	$2,515.82	$521.30	$1,994.52	$382,426.73
59	$2,515.82	$524.01	$1,991.81	$381,902.71
60	$2,515.82	$526.74	$1,989.08	$381,375.97
61	$2,515.82	$529.49	$1,986.33	$380,846.48
62	$2,515.82	$532.25	$1,983.58	$380,314.24
63	$2,515.82	$535.02	$1,980.80	$379,779.22
64	$2,515.82	$537.80	$1,978.02	$379,241.42
65	$2,515.82	$540.60	$1,975.22	$378,700.81
66	$2,515.82	$543.42	$1,972.40	$378,157.39
67	$2,515.82	$546.25	$1,969.57	$377,611.14
68	$2,515.82	$549.10	$1,966.72	$377,062.04
69	$2,515.82	$551.96	$1,963.86	$376,510.09
70	$2,515.82	$554.83	$1,960.99	$375,955.26
71	$2,515.82	$557.72	$1,958.10	$375,397.54
72	$2,515.82	$560.62	$1,955.20	$374,836.91
73	$2,515.82	$563.54	$1,952.28	$374,273.37
74	$2,515.82	$566.48	$1,949.34	$373,706.89
75	$2,515.82	$569.43	$1,946.39	$373,137.46
76	$2,515.82	$572.40	$1,943.42	$372,565.06
77	$2,515.82	$575.38	$1,940.44	$371,989.68
78	$2,515.82	$578.37	$1,937.45	$371,411.31
79	$2,515.82	$581.39	$1,934.43	$370,829.92
80	$2,515.82	$584.41	$1,931.41	$370,245.51
81	$2,515.82	$587.46	$1,928.36	$369,658.05
82	$2,515.82	$590.52	$1,925.30	$369,067.53
83	$2,515.82	$593.59	$1,922.23	$368,473.94
84	$2,515.82	$596.69	$1,919.14	$367,877.25
85	$2,515.82	$599.79	$1,916.03	$367,277.46
86	$2,515.82	$602.92	$1,912.90	$366,674.54
87	$2,515.82	$606.06	$1,909.76	$366,068.48
88	$2,515.82	$609.21	$1,906.61	$365,459.27
89	$2,515.82	$612.39	$1,903.43	$364,846.88
90	$2,515.82	$615.58	$1,900.24	$364,231.31
91	$2,515.82	$618.78	$1,897.04	$363,612.53
92	$2,515.82	$622.01	$1,893.82	$362,990.52
93	$2,515.82	$625.24	$1,890.58	$362,365.28
94	$2,515.82	$628.50	$1,887.32	$361,736.77
95	$2,515.82	$631.77	$1,884.05	$361,105.00
96	$2,515.82	$635.07	$1,880.76	$360,469.93
97	$2,515.82	$638.37	$1,877.45	$359,831.56
98	$2,515.82	$641.70	$1,874.12	$359,189.86
99	$2,515.82	$645.04	$1,870.78	$358,544.82
100	$2,515.82	$648.40	$1,867.42	$357,896.42
101	$2,515.82	$651.78	$1,864.04	$357,244.65
102	$2,515.82	$655.17	$1,860.65	$356,589.48
103	$2,515.82	$658.58	$1,857.24	$355,930.89
104	$2,515.82	$662.01	$1,853.81	$355,268.88
105	$2,515.82	$665.46	$1,850.36	$354,603.42
106	$2,515.82	$668.93	$1,846.89	$353,934.49
107	$2,515.82	$672.41	$1,843.41	$353,262.08
108	$2,515.82	$675.91	$1,839.91	$352,586.16
109	$2,515.82	$679.43	$1,836.39	$351,906.73
110	$2,515.82	$682.97	$1,832.85	$351,223.76
111	$2,515.82	$686.53	$1,829.29	$350,537.23
112	$2,515.82	$690.11	$1,825.71	$349,847.12
113	$2,515.82	$693.70	$1,822.12	$349,153.42
114	$2,515.82	$697.31	$1,818.51	$348,456.11
115	$2,515.82	$700.94	$1,814.88	$347,755.16
116	$2,515.82	$704.60	$1,811.22	$347,050.57
117	$2,515.82	$708.27	$1,807.56	$346,342.30
118	$2,515.82	$711.95	$1,803.87	$345,630.35
119	$2,515.82	$715.66	$1,800.16	$344,914.68
120	$2,515.82	$719.39	$1,796.43	$344,195.29
121	$2,515.82	$723.14	$1,792.68	$343,472.16
122	$2,515.82	$726.90	$1,788.92	$342,745.26
123	$2,515.82	$730.69	$1,785.13	$342,014.57
124	$2,515.82	$734.49	$1,781.33	$341,280.07
125	$2,515.82	$738.32	$1,777.50	$340,541.75
126	$2,515.82	$742.17	$1,773.65	$339,799.59
127	$2,515.82	$746.03	$1,769.79	$339,053.55
128	$2,515.82	$749.92	$1,765.90	$338,303.64
129	$2,515.82	$753.82	$1,762.00	$337,549.82
130	$2,515.82	$757.75	$1,758.07	$336,792.07
131	$2,515.82	$761.70	$1,754.13	$336,030.37
132	$2,515.82	$765.66	$1,750.16	$335,264.71
133	$2,515.82	$769.65	$1,746.17	$334,495.06
134	$2,515.82	$773.66	$1,742.16	$333,721.40
135	$2,515.82	$777.69	$1,738.13	$332,943.71
136	$2,515.82	$781.74	$1,734.08	$332,161.97
137	$2,515.82	$785.81	$1,730.01	$331,376.16
138	$2,515.82	$789.90	$1,725.92	$330,586.26
139	$2,515.82	$794.02	$1,721.80	$329,792.24
140	$2,515.82	$798.15	$1,717.67	$328,994.09
141	$2,515.82	$802.31	$1,713.51	$328,191.78
142	$2,515.82	$806.49	$1,709.33	$327,385.29
143	$2,515.82	$810.69	$1,705.13	$326,574.61
144	$2,515.82	$814.91	$1,700.91	$325,759.69
145	$2,515.82	$819.16	$1,696.67	$324,940.54
146	$2,515.82	$823.42	$1,692.40	$324,117.12
147	$2,515.82	$827.71	$1,688.11	$323,289.41
148	$2,515.82	$832.02	$1,683.80	$322,457.38
149	$2,515.82	$836.35	$1,679.47	$321,621.03
150	$2,515.82	$840.71	$1,675.11	$320,780.32
151	$2,515.82	$845.09	$1,670.73	$319,935.23
152	$2,515.82	$849.49	$1,666.33	$319,085.74
153	$2,515.82	$853.92	$1,661.90	$318,231.82
154	$2,515.82	$858.36	$1,657.46	$317,373.46
155	$2,515.82	$862.83	$1,652.99	$316,510.63
156	$2,515.82	$867.33	$1,648.49	$315,643.30
157	$2,515.82	$871.84	$1,643.98	$314,771.45
158	$2,515.82	$876.39	$1,639.43	$313,895.07
159	$2,515.82	$880.95	$1,634.87	$313,014.12
160	$2,515.82	$885.54	$1,630.28	$312,128.58
161	$2,515.82	$890.15	$1,625.67	$311,238.43
162	$2,515.82	$894.79	$1,621.03	$310,343.64
163	$2,515.82	$899.45	$1,616.37	$309,444.19
164	$2,515.82	$904.13	$1,611.69	$308,540.06
165	$2,515.82	$908.84	$1,606.98	$307,631.22
166	$2,515.82	$913.57	$1,602.25	$306,717.65
167	$2,515.82	$918.33	$1,597.49	$305,799.31
168	$2,515.82	$923.12	$1,592.70	$304,876.20
169	$2,515.82	$927.92	$1,587.90	$303,948.27
170	$2,515.82	$932.76	$1,583.06	$303,015.52
171	$2,515.82	$937.61	$1,578.21	$302,077.90
172	$2,515.82	$942.50	$1,573.32	$301,135.40
173	$2,515.82	$947.41	$1,568.41	$300,188.00
174	$2,515.82	$952.34	$1,563.48	$299,235.66
175	$2,515.82	$957.30	$1,558.52	$298,278.35
176	$2,515.82	$962.29	$1,553.53	$297,316.07
177	$2,515.82	$967.30	$1,548.52	$296,348.77
178	$2,515.82	$972.34	$1,543.48	$295,376.43
179	$2,515.82	$977.40	$1,538.42	$294,399.03
180	$2,515.82	$982.49	$1,533.33	$293,416.54
181	$2,515.82	$987.61	$1,528.21	$292,428.93
182	$2,515.82	$992.75	$1,523.07	$291,436.17
183	$2,515.82	$997.92	$1,517.90	$290,438.25
184	$2,515.82	$1,003.12	$1,512.70	$289,435.13
185	$2,515.82	$1,008.35	$1,507.47	$288,426.78
186	$2,515.82	$1,013.60	$1,502.22	$287,413.19
187	$2,515.82	$1,018.88	$1,496.94	$286,394.31
188	$2,515.82	$1,024.18	$1,491.64	$285,370.13
189	$2,515.82	$1,029.52	$1,486.30	$284,340.61
190	$2,515.82	$1,034.88	$1,480.94	$283,305.73
191	$2,515.82	$1,040.27	$1,475.55	$282,265.46
192	$2,515.82	$1,045.69	$1,470.13	$281,219.77
193	$2,515.82	$1,051.13	$1,464.69	$280,168.64
194	$2,515.82	$1,056.61	$1,459.21	$279,112.03
195	$2,515.82	$1,062.11	$1,453.71	$278,049.92
196	$2,515.82	$1,067.64	$1,448.18	$276,982.27
197	$2,515.82	$1,073.20	$1,442.62	$275,909.07
198	$2,515.82	$1,078.79	$1,437.03	$274,830.27
199	$2,515.82	$1,084.41	$1,431.41	$273,745.86
200	$2,515.82	$1,090.06	$1,425.76	$272,655.80
201	$2,515.82	$1,095.74	$1,420.08	$271,560.06
202	$2,515.82	$1,101.45	$1,414.38	$270,458.62
203	$2,515.82	$1,107.18	$1,408.64	$269,351.43
204	$2,515.82	$1,112.95	$1,402.87	$268,238.49
205	$2,515.82	$1,118.75	$1,397.08	$267,119.74
206	$2,515.82	$1,124.57	$1,391.25	$265,995.17
207	$2,515.82	$1,130.43	$1,385.39	$264,864.74
208	$2,515.82	$1,136.32	$1,379.50	$263,728.42
209	$2,515.82	$1,142.23	$1,373.59	$262,586.19
210	$2,515.82	$1,148.18	$1,367.64	$261,438.00
211	$2,515.82	$1,154.16	$1,361.66	$260,283.84
212	$2,515.82	$1,160.18	$1,355.64	$259,123.66
213	$2,515.82	$1,166.22	$1,349.60	$257,957.45
214	$2,515.82	$1,172.29	$1,343.53	$256,785.15
215	$2,515.82	$1,178.40	$1,337.42	$255,606.76
216	$2,515.82	$1,184.54	$1,331.29	$254,422.22
217	$2,515.82	$1,190.70	$1,325.12	$253,231.52
218	$2,515.82	$1,196.91	$1,318.91	$252,034.61
219	$2,515.82	$1,203.14	$1,312.68	$250,831.47
220	$2,515.82	$1,209.41	$1,306.41	$249,622.06
221	$2,515.82	$1,215.71	$1,300.11	$248,406.36
222	$2,515.82	$1,222.04	$1,293.78	$247,184.32
223	$2,515.82	$1,228.40	$1,287.42	$245,955.92
224	$2,515.82	$1,234.80	$1,281.02	$244,721.12
225	$2,515.82	$1,241.23	$1,274.59	$243,479.89
226	$2,515.82	$1,247.70	$1,268.12	$242,232.19
227	$2,515.82	$1,254.19	$1,261.63	$240,978.00
228	$2,515.82	$1,260.73	$1,255.09	$239,717.27
229	$2,515.82	$1,267.29	$1,248.53	$238,449.98
230	$2,515.82	$1,273.89	$1,241.93	$237,176.08
231	$2,515.82	$1,280.53	$1,235.29	$235,895.55
232	$2,515.82	$1,287.20	$1,228.62	$234,608.36
233	$2,515.82	$1,293.90	$1,221.92	$233,314.45
234	$2,515.82	$1,300.64	$1,215.18	$232,013.81
235	$2,515.82	$1,307.42	$1,208.41	$230,706.40
236	$2,515.82	$1,314.22	$1,201.60	$229,392.17
237	$2,515.82	$1,321.07	$1,194.75	$228,071.10
238	$2,515.82	$1,327.95	$1,187.87	$226,743.15
239	$2,515.82	$1,334.87	$1,180.95	$225,408.29
240	$2,515.82	$1,341.82	$1,174.00	$224,066.47
241	$2,515.82	$1,348.81	$1,167.01	$222,717.66
242	$2,515.82	$1,355.83	$1,159.99	$221,361.83
243	$2,515.82	$1,362.89	$1,152.93	$219,998.93
244	$2,515.82	$1,369.99	$1,145.83	$218,628.94
245	$2,515.82	$1,377.13	$1,138.69	$217,251.81
246	$2,515.82	$1,384.30	$1,131.52	$215,867.51
247	$2,515.82	$1,391.51	$1,124.31	$214,476.00
248	$2,515.82	$1,398.76	$1,117.06	$213,077.24
249	$2,515.82	$1,406.04	$1,109.78	$211,671.20
250	$2,515.82	$1,413.37	$1,102.45	$210,257.83
251	$2,515.82	$1,420.73	$1,095.09	$208,837.11
252	$2,515.82	$1,428.13	$1,087.69	$207,408.98
253	$2,515.82	$1,435.57	$1,080.26	$205,973.41
254	$2,515.82	$1,443.04	$1,072.78	$204,530.37
255	$2,515.82	$1,450.56	$1,065.26	$203,079.81
256	$2,515.82	$1,458.11	$1,057.71	$201,621.70
257	$2,515.82	$1,465.71	$1,050.11	$200,155.99
258	$2,515.82	$1,473.34	$1,042.48	$198,682.65
259	$2,515.82	$1,481.02	$1,034.81	$197,201.64
260	$2,515.82	$1,488.73	$1,027.09	$195,712.91
261	$2,515.82	$1,496.48	$1,019.34	$194,216.43
262	$2,515.82	$1,504.28	$1,011.54	$192,712.15
263	$2,515.82	$1,512.11	$1,003.71	$191,200.04
264	$2,515.82	$1,519.99	$995.83	$189,680.05
265	$2,515.82	$1,527.90	$987.92	$188,152.15
266	$2,515.82	$1,535.86	$979.96	$186,616.29
267	$2,515.82	$1,543.86	$971.96	$185,072.43
268	$2,515.82	$1,551.90	$963.92	$183,520.52
269	$2,515.82	$1,559.98	$955.84	$181,960.54
270	$2,515.82	$1,568.11	$947.71	$180,392.43
271	$2,515.82	$1,576.28	$939.54	$178,816.15
272	$2,515.82	$1,584.49	$931.33	$177,231.67
273	$2,515.82	$1,592.74	$923.08	$175,638.93
274	$2,515.82	$1,601.03	$914.79	$174,037.89
275	$2,515.82	$1,609.37	$906.45	$172,428.52
276	$2,515.82	$1,617.76	$898.07	$170,810.77
277	$2,515.82	$1,626.18	$889.64	$169,184.58
278	$2,515.82	$1,634.65	$881.17	$167,549.93
279	$2,515.82	$1,643.16	$872.66	$165,906.77
280	$2,515.82	$1,651.72	$864.10	$164,255.05
281	$2,515.82	$1,660.33	$855.50	$162,594.72
282	$2,515.82	$1,668.97	$846.85	$160,925.75
283	$2,515.82	$1,677.67	$838.15	$159,248.08
284	$2,515.82	$1,686.40	$829.42	$157,561.68
285	$2,515.82	$1,695.19	$820.63	$155,866.49
286	$2,515.82	$1,704.02	$811.80	$154,162.48
287	$2,515.82	$1,712.89	$802.93	$152,449.59
288	$2,515.82	$1,721.81	$794.01	$150,727.77
289	$2,515.82	$1,730.78	$785.04	$148,996.99
290	$2,515.82	$1,739.79	$776.03	$147,257.20
291	$2,515.82	$1,748.86	$766.96	$145,508.34
292	$2,515.82	$1,757.96	$757.86	$143,750.38
293	$2,515.82	$1,767.12	$748.70	$141,983.26
294	$2,515.82	$1,776.32	$739.50	$140,206.93
295	$2,515.82	$1,785.58	$730.24	$138,421.36
296	$2,515.82	$1,794.88	$720.94	$136,626.48
297	$2,515.82	$1,804.22	$711.60	$134,822.26
298	$2,515.82	$1,813.62	$702.20	$133,008.64
299	$2,515.82	$1,823.07	$692.75	$131,185.57
300	$2,515.82	$1,832.56	$683.26	$129,353.01
301	$2,515.82	$1,842.11	$673.71	$127,510.90
302	$2,515.82	$1,851.70	$664.12	$125,659.20
303	$2,515.82	$1,861.35	$654.47	$123,797.85
304	$2,515.82	$1,871.04	$644.78	$121,926.81
305	$2,515.82	$1,880.78	$635.04	$120,046.03
306	$2,515.82	$1,890.58	$625.24	$118,155.45
307	$2,515.82	$1,900.43	$615.39	$116,255.02
308	$2,515.82	$1,910.33	$605.49	$114,344.69
309	$2,515.82	$1,920.28	$595.55	$112,424.42
310	$2,515.82	$1,930.28	$585.54	$110,494.14
311	$2,515.82	$1,940.33	$575.49	$108,553.81
312	$2,515.82	$1,950.44	$565.38	$106,603.38
313	$2,515.82	$1,960.59	$555.23	$104,642.78
314	$2,515.82	$1,970.81	$545.01	$102,671.98
315	$2,515.82	$1,981.07	$534.75	$100,690.91
316	$2,515.82	$1,991.39	$524.43	$98,699.52
317	$2,515.82	$2,001.76	$514.06	$96,697.76
318	$2,515.82	$2,012.19	$503.63	$94,685.57
319	$2,515.82	$2,022.67	$493.15	$92,662.90
320	$2,515.82	$2,033.20	$482.62	$90,629.70
321	$2,515.82	$2,043.79	$472.03	$88,585.91
322	$2,515.82	$2,054.44	$461.38	$86,531.48
323	$2,515.82	$2,065.14	$450.68	$84,466.34
324	$2,515.82	$2,075.89	$439.93	$82,390.45
325	$2,515.82	$2,086.70	$429.12	$80,303.74
326	$2,515.82	$2,097.57	$418.25	$78,206.17
327	$2,515.82	$2,108.50	$407.32	$76,097.68
328	$2,515.82	$2,119.48	$396.34	$73,978.20
329	$2,515.82	$2,130.52	$385.30	$71,847.68
330	$2,515.82	$2,141.61	$374.21	$69,706.07
331	$2,515.82	$2,152.77	$363.05	$67,553.30
332	$2,515.82	$2,163.98	$351.84	$65,389.32
333	$2,515.82	$2,175.25	$340.57	$63,214.07
334	$2,515.82	$2,186.58	$329.24	$61,027.49
335	$2,515.82	$2,197.97	$317.85	$58,829.52
336	$2,515.82	$2,209.42	$306.40	$56,620.10
337	$2,515.82	$2,220.92	$294.90	$54,399.18
338	$2,515.82	$2,232.49	$283.33	$52,166.69
339	$2,515.82	$2,244.12	$271.70	$49,922.57
340	$2,515.82	$2,255.81	$260.01	$47,666.76
341	$2,515.82	$2,267.56	$248.26	$45,399.20
342	$2,515.82	$2,279.37	$236.45	$43,119.84
343	$2,515.82	$2,291.24	$224.58	$40,828.60
344	$2,515.82	$2,303.17	$212.65	$38,525.43
345	$2,515.82	$2,315.17	$200.65	$36,210.26
346	$2,515.82	$2,327.23	$188.60	$33,883.03
347	$2,515.82	$2,339.35	$176.47	$31,543.69
348	$2,515.82	$2,351.53	$164.29	$29,192.16
349	$2,515.82	$2,363.78	$152.04	$26,828.38
350	$2,515.82	$2,376.09	$139.73	$24,452.29
351	$2,515.82	$2,388.46	$127.36	$22,063.83
352	$2,515.82	$2,400.90	$114.92	$19,662.92
353	$2,515.82	$2,413.41	$102.41	$17,249.51
354	$2,515.82	$2,425.98	$89.84	$14,823.53
355	$2,515.82	$2,438.61	$77.21	$12,384.92
356	$2,515.82	$2,451.32	$64.50	$9,933.60
357	$2,515.82	$2,464.08	$51.74	$7,469.52
358	$2,515.82	$2,476.92	$38.90	$4,992.60
359	$2,515.82	$2,489.82	$26.00	$2,502.79
360	$2,515.82	$2,502.79	$13.04	$0.00

Year	End Date	Principal Paid	Interest Paid	Balance
1	Aug 2027	$4,787.96	$25,401.89	$403,812.04
2	Aug 2028	$5,095.93	$25,093.92	$398,716.12
3	Aug 2029	$5,423.71	$24,766.14	$393,292.41
4	Aug 2030	$5,772.57	$24,417.28	$387,519.84
5	Aug 2031	$6,143.87	$24,045.97	$381,375.97
6	Aug 2032	$6,539.06	$23,650.79	$374,836.91
7	Aug 2033	$6,959.66	$23,230.19	$367,877.25
8	Aug 2034	$7,407.32	$22,782.53	$360,469.93
9	Aug 2035	$7,883.77	$22,306.08	$352,586.16
10	Aug 2036	$8,390.87	$21,798.98	$344,195.29
11	Aug 2037	$8,930.58	$21,259.26	$335,264.71
12	Aug 2038	$9,505.02	$20,684.83	$325,759.69
13	Aug 2039	$10,116.40	$20,073.45	$315,643.30
14	Aug 2040	$10,767.10	$19,422.74	$304,876.20
15	Aug 2041	$11,459.66	$18,730.19	$293,416.54
16	Aug 2042	$12,196.77	$17,993.08	$281,219.77
17	Aug 2043	$12,981.28	$17,208.56	$268,238.49
18	Aug 2044	$13,816.26	$16,373.58	$254,422.22
19	Aug 2045	$14,704.95	$15,484.89	$239,717.27
20	Aug 2046	$15,650.80	$14,539.04	$224,066.47
21	Aug 2047	$16,657.49	$13,532.36	$207,408.98
22	Aug 2048	$17,728.93	$12,460.92	$189,680.05
23	Aug 2049	$18,869.29	$11,320.56	$170,810.77
24	Aug 2050	$20,082.99	$10,106.85	$150,727.77
25	Aug 2051	$21,374.77	$8,815.08	$129,353.01
26	Aug 2052	$22,749.63	$7,440.22	$106,603.38
27	Aug 2053	$24,212.93	$5,976.92	$82,390.45
28	Aug 2054	$25,770.35	$4,419.50	$56,620.10
29	Aug 2055	$27,427.94	$2,761.90	$29,192.16
30	Aug 2056	$29,192.16	$997.69	$0.00

Term Comparison for $408,600.00 at 6.25%

Every row below is computed specifically for this financed loan amount and interest rate, across the term lengths VA lenders commonly offer.

Term	Monthly P&I	Total Interest	Total Cost
15 yrs	$3,503.43	$222,017.37	$630,617.37
20 yrs	$2,986.57	$308,177.43	$716,777.43
30 yrs (current)	$2,515.82	$497,095.37	$905,695.37

How VA Loan Payments Are Calculated

Like any fixed-rate mortgage, a VA loan uses the standard amortization formula to compute a level monthly principal & interest payment over the loan term. What's different is what goes into the loan balance: the VA funding fee, unless paid in cash, is added on top of the base loan amount before the amortization schedule is built.

M = P × [r(1+r)ⁿ] / [(1+r)ⁿ − 1]

M — monthly principal & interest payment
P — financed loan amount (base loan + funding fee, if rolled in)
r — monthly interest rate (annual rate ÷ 12)
n — total number of monthly payments

The VA Funding Fee Explained

The VA funding fee offsets the cost of the loan guaranty to taxpayers, since there's no monthly mortgage insurance on a VA loan. The percentage depends on your down payment and whether you've used your VA entitlement before:

Down Payment	First Use	Subsequent Use
Less than 5%	2.15%	3.3%
5% to 9.99%	1.5%	1.5%
10% or more	1.25%	1.25%

Veterans receiving VA disability compensation, Purple Heart recipients on active duty, and certain surviving spouses are fully exempt from the funding fee. The fee can be financed into the loan (increasing the balance and total interest slightly) or paid in cash at closing.

Eligibility and the Certificate of Eligibility

To use a VA loan, you generally need a Certificate of Eligibility (COE), which the VA issues based on your length and character of service — typically 90 consecutive days of active duty during wartime, 181 days during peacetime, or 6 years in the National Guard or Reserves. Surviving spouses of veterans who died in service or from a service-connected disability may also qualify. There is no minimum credit score set by the VA itself, though individual lenders commonly require 580-620+.

No PMI, But Occupancy Rules Apply

VA loans never require monthly private mortgage insurance, regardless of down payment size — a meaningful savings compared to a conventional loan under 20% down. The tradeoff is the occupancy requirement: VA loans are for primary residences only, and you're generally expected to move in within 60 days of closing. VA loans also cap allowable closing costs the veteran can pay and require a VA appraisal confirming the home meets minimum property requirements (safe, sound, and sanitary).

Example — Your Current Inputs

Additional Example — First-Time Buyer, 0% Down

A first-time VA loan user buys a $350,000 home with $0 down. The base loan is $350,000, and since this is a first use with less than 5% down, the funding fee is 2.15% = $7,525, which they roll into the loan for a financed amount of $357,525. At 6.5% over 30 years, the principal & interest payment is about $2,260/month, with roughly $457,000 in total interest over the full term.

About These Parameters

Home Price: The purchase price of the home. Combined with your down payment, this determines the base loan amount before the funding fee is added.
Down Payment: VA loans allow $0 down for eligible borrowers. Putting down at least 5% or 10% substantially lowers the funding fee percentage, even though it isn't required.
First Use vs. Subsequent Use: Your first use of VA loan entitlement carries a lower funding fee at low down payments than a subsequent use of the benefit (for example, if you're using it again after paying off or selling a prior VA-financed home).
Funding Fee Exemption: Veterans receiving VA disability compensation (or entitled to receive it), Purple Heart recipients, and certain surviving spouses are exempt from the funding fee entirely — select "Yes" if this applies to you.
Roll Funding Fee Into Loan: Most borrowers finance the fee into the loan balance rather than paying cash at closing. Financing it slightly increases your monthly payment and total interest.
Property Tax, Insurance, and HOA: Optional fields that add your escrowed property tax and insurance, plus any HOA dues, to the principal & interest payment for a full estimated monthly outlay.

Frequently Asked Questions

Can I really get a VA loan with 0% down?

Yes — this is the defining feature of the VA loan program. As long as the home appraises at or above the purchase price and you have sufficient entitlement, you can finance up to 100% of the home's value with no down payment required.

Do VA loans require mortgage insurance?

No. VA loans never charge monthly private mortgage insurance (PMI), regardless of down payment size. Instead, most borrowers pay a one-time VA funding fee, which can be financed into the loan.

Who is exempt from the VA funding fee?

Veterans receiving (or entitled to receive) VA disability compensation, Purple Heart recipients still on active duty, and certain surviving spouses of veterans who died in service or from a service-connected disability are exempt.

Can I use a VA loan more than once?

Yes. VA entitlement can be reused after you pay off a prior VA loan (or, in many cases, even while one is still active if you have remaining entitlement). Second and later uses carry a higher funding fee at low down payment tiers.