VA Loan Calculator: Zero-Down Mortgage for Veterans

VA loans offer active-duty service members, veterans, and eligible spouses the ability to purchase a home with zero down payment, no private mortgage insurance, and competitive interest rates. Our mortgage calculator helps you estimate your VA loan payment including the VA funding fee, property taxes, and insurance.

The VA funding fee ranges from 1.25 to 3.3 percent of the loan amount depending on your down payment, service type, and whether it is your first VA loan. This fee can be rolled into the loan, but paying it upfront reduces your total interest cost. The calculator shows you both scenarios so you can compare the long-term impact.

VA loans have no official maximum loan amount in most counties since 2020, but lenders may set their own limits based on your income and credit. Use our debt-to-income calculator to check your DTI ratio before applying, and our home affordability calculator to set a realistic budget.