Calculate VA loan monthly payments including the VA funding fee, zero down payment options, and compare total costs against conventional mortgages with our free calculator.
If you are a qualifying veteran, active-duty service member, or surviving spouse, a VA loan offers zero-down financing with competitive rates and no mortgage insurance. The VA funding fee varies based on your down payment and whether it is your first VA loan. This calculator helps you understand the full cost structure of VA financing.
Results are estimates only. Not financial advice.
🔒 Financial Disclaimer: These calculations are estimates for informational purposes only. Results are not financial advice. Consult a qualified financial advisor before making major financial decisions.
Calculations based on publicly available data from government agencies. Actual results may vary based on individual circumstances.
30-year fixed-rate mortgages — updated April 2026
| Lender | Rate | APR | Est. Payment | Action |
|---|---|---|---|---|
Community Credit UnionBest Rate | 6.125% | 6.280% | $1,217/mo | |
National Lending Co | 6.250% | 6.410% | $1,231/mo | |
Big Bank Mortgage | 6.375% | 6.520% | $1,247/mo | |
Premier Mortgage | 6.450% | 6.580% | $1,258/mo | |
Digital Home Loans | 6.500% | 6.630% | $1,264/mo |
Rates shown are for illustrative purposes. Actual rates may vary based on credit score, loan amount, down payment, and market conditions. Contact lenders directly for personalized rate quotes.
The VA Mortgage Calculator is specifically designed for veterans and active-duty service members to understand the full cost of VA-backed financing. VA loans offer unmatched benefits: no down payment required, no monthly mortgage insurance, and interest rates typically 0.25%-0.5% lower than conventional loans. The trade-off is the one-time VA funding fee (1.25%-1.75% of the loan amount for most borrowers), which can be rolled into the loan. Disabled veterans receiving VA disability compensation are entirely exempt from the funding fee. This calculator compares your VA loan costs side-by-side against a conventional 20% down scenario, showing not just the monthly payment difference but cumulative costs over the full loan term. Because VA loans require no PMI — which costs conventional borrowers $200-$500/month on a typical loan — the monthly savings often outweigh the one-time funding fee within the first few years of the loan.
Result: A $400,000 home with 0% down using a VA loan at 6.0% for 30 years has a funding fee of $5,000 (1.25% of $400K) added to the loan. Monthly P&I is ~$2,398, plus $333/mo property tax and $100/mo insurance for a total of ~$2,831/month. No monthly PMI. A conventional loan at 20% down ($80K) at 6.5% would have ~$2,262/month P&I + $333 tax + $100 insurance = ~$2,695, saving $136/month. But VA saves $80,000 in upfront cash.
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