Va Loan Calculator

How to Use the VA Loan Calculator

1. Enter Home Price – Input the total purchase price of the home (e.g., 300000).
2. Enter Down Payment – Amount paid upfront (default is 0). Must be less than the home price.
3. Enter Interest Rate – Annual interest rate as a percentage (e.g., 6.5).
4. Select Loan Term – Choose 15, 20, or 30 years from the dropdown.
5. Enter VA Funding Fee – Percentage (e.g., 2.3% for first use with 0% down; 0% for disabled veterans).
6. Enter Annual Property Tax – Total yearly property tax (e.g., 3600).
7. Enter Annual Insurance – Total yearly homeowners insurance (e.g., 1200).
8. Enter Monthly HOA Dues – If any (default is 0).
9. Click "Calculate" – View your monthly payment breakdown below.

What You Get:

• Total Monthly Payment – Sum of principal & interest, funding fee (amortized), property tax, insurance, and HOA.
• Principal & Interest – Monthly loan payment based on total loan amount (including financed funding fee).
• Funding Fee – Shows monthly portion and total fee financed.
• Tax, Insurance, HOA – Monthly amounts for each.

Note: All monetary values are in US dollars ($). Ensure inputs are positive numbers. The calculator automatically validates entries and shows errors if needed.