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VA Loan Calculator

Calculate your monthly payment with the VA funding fee included. No PMI. No required down payment. Your earned benefit, calculated clearly.

✓ $0 down — VA benefit in action
Monthly Payment (P&I + Tax + Insurance)
$2,710
Includes VA funding fee financed into loan
Loan Amount
$357,525
(includes $7,525 funding fee)
P&I Only
$2,260/mo
Principal + Interest
VA Funding Fee
$7,525
First use rate
Total Interest Paid
$456,003
Over 30 years

VA vs Conventional Comparison

VA Loan (your payment)$2,710/mo
Conventional 20% down (no PMI)$2,266/mo
Conventional 5% down (+ PMI ~$233/mo)$2,856/mo
You save vs 5% conventional$146/mo · $17,500 upfront
→ How much home can I afford?→ Will BAH cover my mortgage?

Frequently Asked Questions

What is the VA funding fee?

The VA funding fee is a one-time charge that helps fund the VA loan program. For first-time use with no down payment, the fee is 2.15% of the loan amount (2025). It rises to 3.3% for subsequent uses. Veterans with a service-connected disability rating of 10% or more are exempt.

Can I use a VA loan more than once?

Yes. VA loan entitlement can be restored after you pay off and sell the property, or if you refinance into a non-VA loan. You can also have two VA loans simultaneously if you have remaining entitlement. There is no lifetime limit on VA loan usage.

Do VA loans require PMI?

No. VA loans never require private mortgage insurance (PMI), even with zero down payment. This saves veterans $100–$300 per month compared to conventional loans with less than 20% down.

What is the VA loan limit in 2025?

Since 2020, there is no longer a VA loan limit for veterans with full entitlement. You can borrow as much as a lender will approve. Lenders may impose their own limits based on your income and credit profile.

Sources: VA.gov Funding Fee Guide, DFAS.mil, VA Home Loans. Last updated March 2026.