United States · financial planning tool

VA Loan Calculator with Funding Fee

Estimate a VA purchase-loan payment, current funding-fee tier, financing choice, and cash requirement.

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Purchase-loan fee tiers effective April 7, 2023: 2.15% first use or 3.3% subsequent use below 5% down; 1.5% at 5% down; 1.25% at 10% down. Exempt borrowers pay 0%.

Official sources and scope

Rules and source methodology reviewed September 15, 2026.

VA funding fee and closing costs · VA-backed home buying process

VA payment and funding-fee estimate

The calculator subtracts the down payment, applies the official VA purchase-loan funding-fee tier, and either finances that fee or adds it to upfront cash. It then calculates principal and interest plus entered property tax, homeowners insurance, and HOA dues. VA-backed purchase loans do not require monthly mortgage insurance.

Effective April 7, 2023, a down payment below 5% uses 2.15% for first use or 3.3% for subsequent use; at least 5% uses 1.5%, and at least 10% uses 1.25%. Eligible exempt borrowers pay no fee. Confirm entitlement, exemption, rate, appraisal, closing costs, and qualification with VA and the lender.

Official sources