VA Loan Calculator — Zero Down Payment for Veterans

VA loans offer $0 down payment for eligible veterans, active duty service members, and surviving spouses. This calculator includes the VA funding fee (1.25–3.3% of loan amount).

Calculator

Pre-filled with typical values for this scenario. Adjust any field to see updated results.

→ Use the standard Mortgage Calculator

Default Scenario — What These Numbers Assume

ParameterDefault ValueNotes
Loan Term30Years to repay
Annual Property Tax4500Typical local estimate
Home Price350000Purchase price of the property
Interest Rate6.25Annual rate (fixed)
va funding fee2.15
Annual Insurance1200Homeowners insurance estimate
Down Payment0Percentage of purchase price

Frequently Asked Questions

Who qualifies for a VA loan?
Veterans, active-duty service members, and eligible surviving spouses. You need a Certificate of Eligibility (COE) from the VA.
What is the VA funding fee?
The VA funding fee is 1.25–3.3% of the loan amount depending on down payment and service history. It can be rolled into the loan.
Do VA loans require mortgage insurance?
No. VA loans do not require private mortgage insurance (PMI), which saves hundreds per month vs. conventional or FHA loans.

Related Calculators & Tools

ℹ️ Free Tool This calculator is provided for educational purposes. Consult a financial advisor before making major financial decisions.

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