VA loans offer zero down payment and no PMI for eligible veterans and active-duty service members. This calculator includes the VA funding fee and shows your true monthly cost.
Zero down — a key VA loan benefit
Funding fee options
Recommended for incomes above $115k/yr (28% DTI rule)
About the VA funding fee
The VA funding fee ranges from 1.25% to 3.3% depending on your down payment, whether this is your first VA loan use, and your disability status. It can be paid at closing or rolled into the loan. Veterans with a service-connected disability rating of 10% or higher are exempt. The fee helps sustain the VA loan program without requiring taxpayer subsidies.
FAQ