VA Purchase Calculator
Model a VA purchase with no down payment, including the funding fee rolled into the loan, so the monthly number on the page is the real one.
0.0% down. VA allows zero.
Illustrative — not a quoted rate.
Set by VA and driven by prior use and down payment.
Per year, share of price.
Per year, share of price.
Per month.
Estimated monthly payment
$3,811
A VA loan carries no monthly mortgage insurance
Illustrative only. Eligibility, entitlement and the exact funding fee are determined by the VA, not by this page.
Amortisation schedule
30 years, running totals at each year end.
| Year | Paid in year | Interest | Principal | Balance | Interest to date | Principal to date |
|---|---|---|---|---|---|---|
| Year 1 · 2026 | $37,737 | $31,752 | $5,985 | $504,765 | $31,752 | $5,985 |
| Year 2 · 2027 | $37,737 | $31,367 | $6,370 | $498,395 | $63,120 | $12,355 |
| Year 3 · 2028 | $37,737 | $30,958 | $6,780 | $491,616 | $94,077 | $19,134 |
| Year 4 · 2029 | $37,737 | $30,522 | $7,216 | $484,400 | $124,599 | $26,350 |
| Year 5 · 2030 | $37,737 | $30,057 | $7,680 | $476,720 | $154,656 | $34,030 |
| Year 6 · 2031 | $37,737 | $29,563 | $8,174 | $468,546 | $184,220 | $42,204 |
| Year 7 · 2032 | $37,737 | $29,038 | $8,700 | $459,847 | $213,258 | $50,903 |
| Year 8 · 2033 | $37,737 | $28,478 | $9,259 | $450,587 | $241,736 | $60,163 |
| Year 9 · 2034 | $37,737 | $27,883 | $9,855 | $440,733 | $269,618 | $70,017 |
| Year 10 · 2035 | $37,737 | $27,249 | $10,489 | $430,244 | $296,867 | $80,506 |
| Year 11 · 2036 | $37,737 | $26,574 | $11,163 | $419,081 | $323,441 | $91,669 |
| Year 12 · 2037 | $37,737 | $25,856 | $11,881 | $407,200 | $349,297 | $103,550 |
| Year 13 · 2038 | $37,737 | $25,092 | $12,645 | $394,554 | $374,389 | $116,196 |
| Year 14 · 2039 | $37,737 | $24,278 | $13,459 | $381,095 | $398,668 | $129,655 |
| Year 15 · 2040 | $37,737 | $23,413 | $14,325 | $366,771 | $422,080 | $143,979 |
| Year 16 · 2041 | $37,737 | $22,491 | $15,246 | $351,525 | $444,572 | $159,225 |
| Year 17 · 2042 | $37,737 | $21,511 | $16,227 | $335,298 | $466,082 | $175,452 |
| Year 18 · 2043 | $37,737 | $20,467 | $17,270 | $318,028 | $486,549 | $192,722 |
| Year 19 · 2044 | $37,737 | $19,356 | $18,381 | $299,647 | $505,905 | $211,103 |
| Year 20 · 2045 | $37,737 | $18,174 | $19,564 | $280,083 | $524,079 | $230,667 |
| Year 21 · 2046 | $37,737 | $16,915 | $20,822 | $259,261 | $540,995 | $251,489 |
| Year 22 · 2047 | $37,737 | $15,576 | $22,161 | $237,100 | $556,571 | $273,650 |
| Year 23 · 2048 | $37,737 | $14,151 | $23,587 | $213,513 | $570,722 | $297,237 |
| Year 24 · 2049 | $37,737 | $12,634 | $25,104 | $188,410 | $583,355 | $322,340 |
| Year 25 · 2050 | $37,737 | $11,019 | $26,718 | $161,691 | $594,374 | $349,059 |
| Year 26 · 2051 | $37,737 | $9,300 | $28,437 | $133,254 | $603,674 | $377,496 |
| Year 27 · 2052 | $37,737 | $7,471 | $30,266 | $102,988 | $611,145 | $407,762 |
| Year 28 · 2053 | $37,737 | $5,524 | $32,213 | $70,775 | $616,670 | $439,975 |
| Year 29 · 2054 | $37,737 | $3,452 | $34,285 | $36,490 | $620,122 | $474,260 |
| Year 30 · 2055 | $37,737 | $1,247 | $36,490 | $0 | $621,369 | $510,750 |
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Jeremy personally reviews every request. 60-minute response times during operating hours.
How to use the va purchase calculator
Enter the home price and any down payment (VA loans can have zero down for eligible buyers).
Choose your funding fee status: first use, subsequent use, or exempt.
Set the interest rate and loan term.
Add property tax, homeowners insurance and any HOA dues.
Read the base loan, the loan including the funding fee, and the total monthly payment.
Terms used in this calculator
- VA loan
- A home loan guaranteed by the U.S. Department of Veterans Affairs for eligible veterans, service members and some surviving spouses, often with no down payment and no monthly mortgage insurance.In the glossary : VA loan
- VA funding fee
- A one-time fee paid to the VA on most VA loans, which can be paid at closing or added to the loan. Some borrowers are exempt.In the glossary : VA funding fee
- Funding fee exemption
- Veterans receiving VA disability compensation, some Purple Heart recipients and certain surviving spouses don't pay the funding fee.
- Entitlement
- The amount the VA will guarantee for you. Full entitlement lets eligible buyers borrow without a VA loan limit; partial entitlement can affect how much you can borrow with no down payment.
- Certificate of Eligibility (COE)
- The VA document that confirms you qualify for a VA loan and shows your entitlement. Your lender can usually request it for you.
- Residual income
- Money left each month after major expenses and the new house payment. The VA uses it alongside debt-to-income to check that the loan is affordable.
Frequently asked questions
Eligible borrowers with full entitlement can usually buy with no down payment, subject to the lender's credit and income guidelines. Putting money down is optional, and it can lower the funding fee and the loan amount.
The fee depends on whether it's your first VA loan or a later one, and on how much you put down. If you are exempt, for example because you receive VA disability compensation, choose exempt and the fee drops to zero.
No. VA loans don't have monthly mortgage insurance, which is a big reason the payment is often lower than other low-down-payment loans. The one-time funding fee replaces it.
Yes, most borrowers finance the funding fee by adding it to the loan amount, which is why the calculator shows both the base loan and the loan including the fee.
Yes. VA eligibility can be used again, and entitlement can be restored after a VA loan is paid off. Later use usually carries a higher funding fee unless you are exempt.
These are estimates. Jeremy can confirm your eligibility, entitlement and funding fee and compare VA lenders for your actual rate and payment.
More questions? See the full FAQ or request a personalized quote.