VA Mortgage Calculator with Funding Fee
Estimate your real monthly VA loan payment with the funding fee rolled in. Rates effective April 7, 2023, last verified against VA.gov August 31, 2026.
Why include the funding fee in the mortgage calculation?
Most VA borrowers finance the funding fee into the loan. That means your loan amount is higher than the purchase price minus down payment — and your monthly payment reflects the larger balance. A calculator that ignores the fee understates what you'll actually pay.
The VA Mortgage Calculator adds principal, interest, taxes, insurance, HOA dues, and the financed funding fee in one place so the result matches a real Loan Estimate.
Current VA funding fee rates for purchases
The fee depends on your down payment and whether this is your first or subsequent use of the benefit. Rates effective April 7, 2023:
| Down payment | First use | Subsequent use |
|---|---|---|
| Less than 5% | 2.15% | 3.30% |
| 5% to 9.99% | 1.50% | 1.50% |
| 10% or more | 1.25% | 1.25% |
Example: $350,000 home, no down payment, first use
- Purchase price: $350,000
- Down payment: $0
- Base loan amount: $350,000
- Funding fee at 2.15%: $7,525
- Final loan amount if financed: $357,525
- Monthly principal & interest at 6.5% over 30 years: about $2,260
Add property taxes, homeowners insurance, and any HOA dues to get the full monthly payment. The calculator above does this automatically.
Who doesn't pay the funding fee?
Veterans receiving VA compensation for a service-connected disability and certain other borrowers are exempt. If you're exempt, the fee is $0 and your loan amount equals the purchase price minus down payment. Confirm your status on your Certificate of Eligibility or with your lender.
Calculate your payment with the funding fee
Enter your home price, down payment, taxes, insurance, and loan use. The calculator rolls the fee into the loan and shows your real monthly payment.
Open VA Mortgage CalculatorSources and last verified
- VA funding fee rates: VA.gov funding fee and closing costs
- Rates effective April 7, 2023. Last verified August 31, 2026.
- Payments use standard amortization. No lender-specific pricing is applied.
Veteran Home Calc is an independent educational site. It is not affiliated with or endorsed by the U.S. Department of Veterans Affairs, and it does not sell leads or collect your numbers — results are estimates, not loan approvals, offers, or financial advice.
Run your own numbers
- VA Mortgage Calculator
Full payment estimate with taxes, insurance, HOA, and funding fee.
- VA Funding Fee Calculator
See the exact fee percentage and dollar amount for your situation.
- VA Funding Fee Chart
Printable chart of every official VA funding fee rate.