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VA Mortgage Calculator

Model a VA loan with zero down and no monthly PMI.

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VA loans for eligible veterans and service members allow 0% down and require no monthly mortgage insurance. This calculator defaults to $0 down and no PMI. Note that most VA loans include a one-time funding fee, which isn't part of the monthly payment.

How this calculator works

Enter your numbers and the monthly payment recalculates instantly — no submit button, no page reload. The payment breakdown separates principal, interest, taxes, insurance, PMI and HOA. Use the tabs to view a full amortization schedule, compare scenarios side by side, or work backward from a monthly budget. Your inputs are encoded in the page link so you can bookmark or share a scenario without any account.

Frequently asked questions

Do VA loans require a down payment?

No — eligible borrowers can finance 100% of the purchase price. This page defaults to 0% down.

Is there mortgage insurance on a VA loan?

No monthly mortgage insurance. There is usually a one-time VA funding fee, which can be rolled into the loan.

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