Estimate monthly PITI for a VA-guaranteed home loan. Includes the VA funding fee (2.15% first-time, 3.30% subsequent in 2026). No PMI.
A VA mortgage loan is a home loan guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members, National Guard members, and select surviving spouses. VA loans offer 0% down payment, no PMI (private mortgage insurance), and competitive rates. The trade-off is a one-time VA funding fee (2.15% first-time use, 3.30% subsequent use for 2026) that can be rolled into the loan. Our VA mortgage calculator includes the funded fee in the loan amount and shows full PITI with no PMI.
$3,049
$408,600
$0 (0.0%)
$8,600 (2.15%)
100.0%
$497,095
| Component | Amount |
|---|---|
| Principal & Interest | $2,516 |
| Property tax | $400 |
| Homeowners insurance | $133 |
| Total PITI (no PMI!) | $3,049 |
No PMI on VA loans. Unlike FHA or conventional loans with less than 20% down, VA loans do not require monthly private mortgage insurance. The one-time funding fee covers the lender's risk.
VA loans are guaranteed by the U.S. Department of Veterans Affairs and available to eligible veterans, active-duty service members, and select spouses. 2026 funding fee: 2.15% first-time use, 3.30% subsequent use. Veterans with service-connected disability rating of 10% or more are exempt from the funding fee.
Cross-checked against authoritative formulas (IRS, NIST, ACSM) and updated for 2025/2026 tax years and rates.
No server roundtrip. All math runs in your browser so results appear the moment you finish typing.
We never collect, store, or transmit your inputs. Every calculation runs locally in your browser.
Each calculator includes the formula, plain-English explanation, and FAQs so you understand the result.
Estimates only. Calculator results are for educational and planning purposes — not professional advice. For binding decisions on taxes, investments, health, or legal matters, consult a qualified professional.
FAQ
Everything you need to know about this calculator. Can't find what you're looking for? Email our team.
A VA mortgage calculator is a free home-buying planning tool for eligible veterans and service members that estimates monthly PITI for a VA-guaranteed home loan. Our VA mortgage calculator factors in home price, down payment, mortgage rate, term, property tax, insurance, HOA, and the VA funding fee (2.15% first-time use or 3.30% subsequent use in 2026). The funding fee can be rolled into the loan. Unlike FHA loans, VA loans require no monthly mortgage insurance.
How it works
Our VA mortgage calculator computes monthly PITI including the VA funding fee (financed into loan) and shows no PMI on VA loans.
Type the home price. VA loans allow 0% down — leave at 0 if eligible. A small down payment reduces LTV and the funding fee amount (but the funding fee rate stays the same).
Type the expected VA mortgage rate (often close to or slightly above conventional rates) and loan term (15 or 30 years). The VA mortgage calculator uses these to compute monthly P&I.
Type your local property tax rate, homeowners insurance rate, and any HOA dues. VA loans do NOT require PMI.
Pick whether this is your first VA loan (2.15% funding fee) or a subsequent use (3.30%). Veterans with 10%+ service-connected disability are exempt — set funding fee to 0 if that applies.
The VA mortgage calculator shows monthly PITI (no PMI!), financed funding fee, total loan amount, LTV, and total interest paid. Note that VA loans have no loan limit (subject to lender approval and VA residual income guidelines).
Monthly P&I payment for a VA loan at 6.25% for 30 years, 0% down, no MIP:
| Home price | Loan amount | P&I | VA funding fee | Total upfront |
|---|---|---|---|---|
| $300,000 | $300,000 | $1,848 | $8,100 | $1,848/mo |
| $400,000 | $400,000 | $2,463 | $10,800 | $2,463/mo |
| $500,000 | $500,000 | $3,079 | $13,500 | $3,079/mo |
| $750,000 (max + jumbo) | $750,000 | $4,619 | $20,250 | $4,619/mo |
VA loans have NO monthly MIP. Funding fee 2.15% first-time, 3.3% subsequent use (can be financed). Conforming limit is $806,500 in 2026; above that requires jumbo. Use the calculator above.
Calculate FHA mortgage payments including MIP insurance and the required 3.5% down payment.
Estimate monthly mortgage payment, total interest, and amortization schedule.
Find out how much house you can afford based on income, debts, down payment, and interest rate.