Estimate a VA home-loan payment, funding fee, taxes, insurance, HOA, and cash to close without monthly mortgage insurance.
USD inputs · transparent calculation assumptions
Instant updates as inputs change
Data is calculated in this browser only
USD inputs · transparent calculation assumptions
Funding-fee exemptions and VA eligibility require official confirmation; other closing costs are lender-specific.
Estimated monthly VA housing payment$3,082.63
Principal and interest
$2,582.63
Monthly property tax
$366.67
Monthly homeowners insurance
$133.33
Monthly HOA dues
$0.00
Monthly mortgage insurance
$0.00
Base loan amount
$400,000.00
VA funding fee
$8,600.00
Applied funding-fee rate
2.15%
Total financed amount
$408,600.00
Estimated cash to close
$12,000.00
Total loan interest
$521,146.78
Calculation notes
Understand the VA home loan payment calculator
Base loan = price − down payment. The funding fee uses exemption, down-payment tier, and first/subsequent use; financing it adds the fee to principal. Monthly cost includes principal, interest, tax, insurance, and HOA. The calculation runs locally and keeps cash-flow timing consistent with the stated assumptions.
Formula and logic
How is a VA purchase funding fee calculated by down payment and prior use?
Base loan = price − down payment. The funding fee uses exemption, down-payment tier, and first/subsequent use; financing it adds the fee to principal. Monthly cost includes principal, interest, tax, insurance, and HOA.
Worked example
What is the first-use VA funding fee on a $400,000 zero-down home?
On a $400,000 first-use purchase with no down payment, the 2.15% funding fee is $8,600. Financing it creates a $408,600 loan before other closing costs.
How to read the result
Does a VA home loan require monthly mortgage insurance?
VA-backed purchase loans do not require monthly mortgage insurance.
A fee exemption or larger down payment can materially change cash-to-close and financed principal.
Limits and assumptions
How does financing the VA funding fee change payment and cash to close?
Uses current standard purchase-loan funding-fee tiers and a user override. It does not establish VA eligibility, entitlement, loan limits, appraisal results, lender pricing, seller credits, exemptions, or final closing costs.