Estimate the monthly payment on a VA-style home loan.
The method behind this calculator
Enter the price, down payment and terms to estimate the monthly payment. VA loans often need no down payment — check current eligibility and fees.
Getting your answer
- Enter your figures in the fields provided.
- The result updates as you type.
- Review the breakdown below the main number.
The calculation
monthly = principal & interest + tax/12 + insurance/12
The default scenario, worked through
As an example, with a home price of 350,000, interest rate of 6.5%, the calculator returns a monthly payment of $2,186.46. Underneath, Principal & interest comes out at $1,769.79 and Tax + insurance + HOA at $416.67. Change any field and every figure updates as you type.
Frequently asked questions
What is a VA loan?
A mortgage backed by the Department of Veterans Affairs for eligible service members, often with no down payment.
Are there fees?
VA loans may have a funding fee. Confirm current terms with a lender.