VA Loan Calculators for Military Homebuyers

VA Payment Calculator

Estimate your monthly principal and interest payment. VA loans require no down payment, so the loan amount is typically the full purchase price. Enter your loan amount, interest rate, and term to see your estimated monthly payment, total paid, and total interest.

Use this to compare different loan amounts and rates before you shop.

VA Funding Fee Calculator

The VA funding fee is a one-time fee paid to the VA, typically rolled into the loan. Rates range from 1.25% to 3.3% depending on your service type, whether it’s your first VA loan, and your down payment amount. Veterans receiving VA disability compensation are exempt from the funding fee.

Rates shown are effective 2024. Verify current rates with your lender.

BAH Affordability Calculator

Find out how far your Basic Allowance for Housing (BAH) goes toward a VA loan payment. Enter your monthly BAH, existing debts, rate, and term to see your estimated home price, BAH coverage score, and debt-to-income ratio.

• •Look up your official BAH rate at the DoD BAH Rate Lookup tool (duty station, pay grade, dependent status)
• •A BAH Coverage Score of 90%+ means your allowance fully covers the estimated payment
• •VA lenders typically require total DTI (all debts) under 41%

Cash-to-Close Reality Check

“Zero down” does not mean “zero out of pocket.” VA buyers still need to budget for earnest money, home inspection, appraisal, closing costs, and prepaid items (taxes and insurance). The funding fee can be financed or paid at closing. Use this calculator to estimate the cash you will need on hand at closing.

VA vs. Conventional Comparison

Compare a VA loan against a conventional mortgage side by side — monthly payment, total cost, PMI savings, and break-even point. See how the VA benefit stacks up against 3%, 5%, and 20% down conventional options over the life of the loan.