VA loan calculator

Loan Options / VA Loans

VA loan calculator

Estimate a monthly VA loan payment with the funding fee, property taxes, insurance and HOA dues. You enter the interest rate.

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What it includes

  • VA funding fee from VA's chart
  • Exempt? Tick a box to drop the fee
  • Taxes, insurance and HOA
  • No sign-up
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Talk with a licensed loan officer

Estimate your VA loan payment

Enter the price, your down payment and an interest rate. The funding fee comes from VA's chart.

Percent of the price. Enter 0 for none.
Use the rate from your own quote or Loan Estimate. This page doesn't supply one.
Terms shown for estimating only. Available terms depend on the loan.
Have you used a VA home loan before?
Funding fee
Taxes, insurance and HOA
Change these to match the home. Taxes and insurance vary a lot by county, and flood insurance may be required in some areas.

Funding fee rates: VA funding fee and loan closing costs, VA.gov, rates effective April 7, 2023, checked November 2, 2026.

Questions, answered

Does a VA loan have monthly mortgage insurance?

No. VA loans don't charge monthly mortgage insurance. Unless exempt, borrowers pay a one-time VA funding fee instead, and some are exempt. That is why this calculator has no mortgage insurance line.

How is the VA funding fee figured?

It's a percentage of the loan amount. On a purchase, it depends on your down payment and whether you've used a VA loan before. With less than 5% down, it's 2.15% on first use and 3.3% after that. With 5% to under 10% down it's 1.5%, and with 10% or more it's 1.25%.

Can I add the funding fee to my loan?

Yes. You can add it to the loan amount or pay it at closing. Adding it raises your loan amount and your monthly payment, and you pay interest on it over the life of the loan.

Why doesn't this calculator show a rate?

Rates change daily and depend on your credit, the loan and the property. Enter the rate from your own quote or Loan Estimate. A licensed loan officer can give you a quote for your situation.

What isn't included in this estimate?

Closing costs, flood insurance, special assessments and any change in taxes after you buy. Your Loan Estimate lists your real costs, payment and APR.

More answers in the FLO Mortgage VA FAQ.

How the estimate works

Your monthly VA loan payment usually has four parts: principal and interest, property tax, homeowners insurance, and HOA dues if the home has them. The calculator works them out in this order.

  • Loan amount. The price minus your down payment, plus the funding fee if you add it to the loan.
  • Principal and interest. The loan amount spread over the term you pick, at the interest rate you enter, assuming a fixed rate.
  • Taxes and insurance. Your yearly amounts divided by 12. Most VA loans collect these each month in an escrow account.
  • HOA dues. Added as you enter them. Your lender counts them when you qualify.
About down payments: VA's rules allow a purchase without a down payment when you have full entitlement and the price isn't higher than the appraised value. You still have to qualify for the payment, and a lender can set stricter rules. See VA entitlement if you've used a VA loan before.

What moves your payment

Interest rateSmall rate changes move principal and interest the most
Down payment5% or more down lowers the funding fee and the loan amount
Funding fee exemptionNo fee if you receive VA disability compensation
Taxes and insuranceThese vary by county, and insurance costs can be high near the coast

Want to see whether the payment fits your budget? VA lenders also look at residual income, the money left each month after your housing payment, debts and living costs. The FLO mortgage calculator has VA refinance and extra-payment tabs too.

Other VA tools

VA loans by state: Florida · Georgia · Tennessee

This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, property eligibility and program availability. Lender requirements may be stricter than the program guidelines described here. Not all applicants will qualify. Figures reflect VA guidelines in effect as of November 2026 and may change without notice. FLO Mortgage, LLC, company NMLS #1835856. Licensed mortgage lender in Florida (MLD2621), Georgia and Tennessee. Equal Housing Opportunity. FLO Mortgage is not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any government agency. Licensing & Disclosures.

Local, licensed help

Talk a VA loan through with a FLO loan officer

Every FLO Mortgage loan officer can walk you through this program, run the numbers for your situation and compare it with your other options. Have questions? Call our main office at (386) 882-9980.

Ready to see your numbers?

Answer a few quick questions and a local loan officer will follow up with your options.

FLO Mortgage is a private, state-licensed company, not a government agency. It is not affiliated with or endorsed by the U.S. Department of Veterans Affairs, HUD/FHA, USDA or any other government agency.

© FLO Mortgage, LLC. All rights reserved. Company NMLS #1835856.