Estimate your VA loan payment including the VA funding fee, with no PMI required and no down payment needed for eligible veterans.
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Your Estimated VA Monthly Payment
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Principal and Interest—
VA Funding Fee—
Funding Fee Rate—
Formula
VA Funding Fee = Base Loan × Fee Rate, which varies by down payment size, first or subsequent use, and disability status.
Example
A first-time VA loan user buying a $350,000 home with 0% down pays a 2.15% funding fee, about $7,525, financed into the loan. No PMI is ever required on a VA loan.
Not tax or financial advice. This calculator provides general estimates based on published 2026 figures. Always confirm important figures with the IRS, SSA, your state tax agency, a licensed lender, or a qualified professional.
Frequently Asked Questions
Do I need a down payment for a VA loan?
No, zero percent down is allowed for eligible veterans with full entitlement.
Do VA loans require mortgage insurance?
No, VA loans never require PMI or MIP, regardless of down payment.