VA Mortgage Calculator
Estimate a VA loan payment including the VA funding fee (2.15% first use, 3.3% subsequent use, 0% if exempt) financed into the loan.
Inputs explained
- Home Price — The purchase price of the home. Example: 350000.
- Down Payment — VA loans allow $0 down. Example: 0.
- Annual Interest Rate — The mortgage's annual rate as a percentage. Example: 6.
- Loan Term — Length of the mortgage in years. Example: 30.
- VA Funding Fee — First use (2.15%), subsequent use (3.3%), or exempt (0%).
How to use it
- Fill in the fields above — each input has a hint describing exactly what to enter
- Press Calculate to get your result instantly, right on this page
- Copy the result, save the tool to favorites, or share and embed it anywhere
Understanding the result
Example: A $350,000 home with $0 down and a 2.15% first-use funding fee gives a $357,525 loan and a payment of about $2,143.54 per month at 6% over 30 years.
Frequently asked questions
Why does the loan amount exceed the home price even with no down payment? The VA funding fee (2.15% for first-time use in the example) is rolled into the loan rather than paid upfront, so the $350,000 home price becomes a $357,525 loan balance once the fee is financed.
Does everyone pay the same VA funding fee percentage? No — the fee depends on down payment size and whether it's your first or a subsequent use of VA loan benefits (2.15% first use versus 3.3% subsequent use in this tool), and some veterans with service-connected disabilities are exempt entirely.
Is the VA Mortgage Calculator free to use? Yes — it is completely free, with no sign-up, no download and no usage limits. You can use it as often as you need.
Is my data private? Yes. The calculation runs entirely in your browser — the values you enter are never sent to our servers, stored or shared with anyone.
What information do I need? Just the following: Home Price, Down Payment, Annual Interest Rate, Loan Term, VA Funding Fee. Each field includes a hint explaining exactly what to enter.
Can I use it on my phone? Yes — the tool is fully responsive and works on any device, and the same calculator is available in the EasyWorkCalcs mobile app.
Privacy
Everything you enter into the VA Mortgage Calculator is processed entirely in your browser. Nothing is uploaded, stored or shared — your data stays on your device.