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Estimate your monthly VA payment with 0% down and no monthly mortgage insurance — including the one-time VA funding fee.
Estimate only. VA funding fee varies by down payment, use, and exemption status.
VA loans are the best deal in mortgages for those who qualify: 0% down, no monthly mortgage insurance, and competitive rates. The only VA-specific cost is a one-time funding fee (about 2.15% first use), usually financed — and waived for veterans with a service-connected disability. See the full VA loan program.
A VA loan payment includes principal and interest, property taxes, and homeowners insurance — but no monthly mortgage insurance, which is a major VA advantage. Most VA buyers put 0% down and finance the one-time VA funding fee into the loan. This calculator includes that fee.
The VA funding fee is a one-time charge (about 2.15% of the loan for first-time use with 0% down, less with a down payment or on subsequent use) that's usually financed into the loan. Veterans with a service-connected disability are typically exempt. It replaces monthly mortgage insurance.
No. Eligible veterans and service members can buy with 0% down on a VA loan, up to the lender's limits. Putting money down lowers your funding fee and payment but isn't required — this calculator defaults to 0% down.
No — VA loans have no monthly mortgage insurance, unlike FHA (MIP) or low-down conventional (PMI). That's one of the biggest reasons VA payments are lower. The only VA-specific cost is the one-time funding fee, which is often financed.
We’ll shop VA lenders for your best rate — 0% down, no monthly mortgage insurance.