Your Result
About the VA Mortgage Calculator
This VA Mortgage Calculator estimates the monthly payment on a VA-backed home loan. Enter your loan details and you get a breakdown of principal and interest, plus estimated taxes, insurance, and the VA funding fee. The result shows both the monthly cost and the total paid over the loan term.
The calculation uses the standard amortization formula P x r x (1+r)^n / ((1+r)^n - 1), where r is the monthly interest rate and n is the number of payments. You supply the home price, down payment, loan term, interest rate, and funding fee. Optional fields cover property tax, homeowners insurance, and HOA dues. Since the funding fee rate depends on your down payment and prior VA loan use, set that percentage to match your situation.
- Enter the home price and your down payment amount.
- Add the loan term, interest rate, and VA funding fee percentage.
- Include taxes, insurance, and HOA dues, then review the monthly total.