VA Loan Calculator With Funding Fee (2026)
Estimate your VA mortgage payment with the funding fee built in, and see what changes with a down payment.
VA loan calculator
Estimates for learning only — not a loan offer. Real numbers come from a lender’s Loan Estimate.
How a VA loan payment works
VA loans are guaranteed by the Department of Veterans Affairs for eligible veterans, service members and some surviving spouses. Two big perks show up in this calculator: you can buy with no down payment, and there’s no monthly mortgage insurance. Instead, most borrowers pay a one-time VA funding fee, which can be rolled into the loan.
| VA funding fee (purchase) | First use | After first use |
|---|---|---|
| Less than 5% down | 2.15% | 3.3% |
| 5% to under 10% down | 1.5% | 1.5% |
| 10% or more down | 1.25% | 1.25% |
Who doesn’t pay the funding fee
According to the VA, you’re exempt if you receive VA compensation for a service-connected disability (or are eligible for it but get retirement or active-duty pay instead), if you’re a surviving spouse receiving Dependency and Indemnity Compensation, if you have a proposed or memorandum disability rating before closing, or if you’re an active-duty member with a Purple Heart. Your Certificate of Eligibility shows your status.
Next steps
Check the full eligibility rules in our VA loan requirements guide, and see how your debts affect approval with the DTI calculator. If you already have a VA loan, the refinance calculator shows whether a lower rate pays off.
FAQ
Do VA loans have mortgage insurance?
No monthly mortgage insurance. Most borrowers pay a one-time funding fee instead, unless they’re exempt.
How much is the VA funding fee in 2026?
For purchase loans: 2.15% on first use with less than 5% down, 1.5% with 5% down, and 1.25% with 10% down. After first use, it’s 3.3% with less than 5% down.
Can I roll the funding fee into the loan?
Yes. Most borrowers finance it, which raises the loan balance and payment slightly.
Is there a VA loan limit?
Borrowers with full entitlement have no VA loan limit, though lenders still check that you can afford the payment. Partial entitlement can limit how much you borrow with no money down.
Sources: U.S. Department of Veterans Affairs, VA funding fee and closing costs (rates effective April 7, 2023). Estimates for education only. Keys & Coffee is not a lender.