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
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.
Estimated monthly paymentUses the interest rate you entered, which is not an APR. Not a quote or offer of credit.
| Principal and interest | |
|---|---|
| Property tax | |
| Home insurance | |
| HOA dues |
| Down payment | |
|---|---|
| VA funding fee | |
| Loan amount | |
| Interest rate you entered | |
| Repayment |
Estimate for education only. Not an offer of credit, a rate quote or a Loan Estimate. It uses the interest rate you entered, which is not an annual percentage rate (APR). A Loan Estimate shows your APR, which includes loan costs and may be higher than the interest rate. Actual rates depend on your credit, the loan and the property, and can change or may not be available when you lock or close. Your actual payment may be higher.
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.
What moves your payment
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 funding fee calculator, with every loan type and exemption
- VA remaining entitlement calculator, if you've used a VA loan before
- VA IRRRL recoupment calculator, for a streamline refinance
- VA loan requirements and VA loan credit score rules
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.
Related loan options
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