VA Loan Calculator — Calculate Your VA Home Loan Payment
Calculate VA loan payments with zero down payment and no PMI. Estimate monthly payments and VA funding fee for veterans and active duty service members in 2026.
VA loans are one of the most valuable benefits available to US military veterans active duty service members and eligible surviving spouses. The biggest advantages include zero down payment required no private mortgage insurance and typically lower interest rates than conventional loans. The only additional cost is the VA funding fee which ranges from 1.25% to 3.3% depending on your down payment and whether it is your first VA loan. Our calculator factors in the funding fee to give you the true monthly payment.
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Key Information
| Parameter | Details |
|---|---|
| Down Payment Required | 0% (zero down) |
| PMI Required | No |
| VA Funding Fee (First Use) | 1.25% - 2.15% |
| 2026 VA Loan Limit | No limit for full entitlement |
Calculate your VA loan payment
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Use Calculator NowFrequently Asked Questions
Who qualifies for a VA loan?
VA loans are available to veterans who served at least 90 consecutive days during wartime or 181 days during peacetime. Active duty service members with 90+ days of service also qualify. National Guard and Reserve members qualify after 6 years of service or 90 days of active duty. Eligible surviving spouses of veterans who died in service or from service-connected disabilities can also apply.
Is the VA funding fee worth paying?
The VA funding fee typically ranges from 1.25% to 2.15% of the loan amount for first-time use which is significantly less than the cost of PMI on a conventional loan over time. For a $300000 loan the one-time funding fee of $3750-$6450 replaces years of PMI payments that could total $15000-$30000. Veterans with service-connected disabilities are exempt from the funding fee entirely.
Can I use a VA loan more than once?
Yes you can use your VA loan benefit multiple times. There is no limit on how many times you can use a VA loan as long as you have remaining entitlement. You can even have two VA loans at once in some situations. When you sell a home purchased with a VA loan your entitlement is typically restored for future use.
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Last updated: 24 March 2026