वीए बंधक कैलकुलेटर
Calculate your VA home loan payment — No PMI, no down payment required for qualified veterans.
ऋण विवरण
Enter your home price, optional down payment, and loan details. Select your service type and whether you're exempt from the funding fee, then click Calculate.
Total Monthly Payment
PITI + HOA (No PMI)
✓ No PMI Requiredकुल ब्याज
$0
Funding Fee
$0
कुल लागत
$0
अग्रिम भुगतान
$0
मासिक भुगतान टूटना
Total Cost Over Loan Life
Monthly Costs
VA Funding Fee
—
0% → $0
VA Loan Benefits
- ✓ No down payment required
- ✓ No PMI
- ✓ Competitive interest rates
- ✓ Limited closing costs
- ✓ No prepayment penalties
संपूर्ण उपयोगकर्ता मार्गदर्शिका
What is a VA Loan?
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs. It is available to eligible veterans, active-duty service members, and qualifying surviving spouses. VA loans are issued by private lenders but backed by the federal government, which allows lenders to offer favorable terms such as no down payment and no private mortgage insurance (PMI).
The VA does not lend money directly; it provides a guarantee that protects the lender if the borrower defaults. This guarantee enables lenders to offer competitive interest rates and flexible qualification requirements. The VA funding fee helps sustain the program and can be paid at closing or financed into the loan amount.
VA Loan Benefits
No Down Payment
Qualified borrowers can finance up to 100% of the home's value. No down payment is required, though you may choose to put money down to reduce the loan amount and funding fee.
No PMI
Unlike conventional loans, VA loans do not require Private Mortgage Insurance (PMI), even with zero down. This can save hundreds of dollars per month compared to other loan types.
Competitive Rates & Limited Closing Costs
Lenders often offer competitive interest rates on VA loans. VA also limits certain closing costs that lenders can charge to veterans.
No Prepayment Penalties & Assumable Loans
You can pay off your VA loan early without penalty. VA loans are also assumable, meaning a qualified buyer can take over your loan and its terms.
VA Funding Fee
The VA funding fee is a one-time fee that helps offset the cost of the program to taxpayers. The fee is based on your down payment (or equity), whether it's your first VA loan or a subsequent use, and whether you're in the regular military or Reserves/National Guard. Veterans with service-connected disabilities may be exempt from the funding fee. The fee can be paid at closing or financed into the loan.
| Borrower Type | अग्रिम भुगतान | Funding Fee |
|---|---|---|
| First use, Regular / Guard | 0% | 2.15% |
| First use | 5–9.99% | 1.50% |
| First use | 10%+ | 1.25% |
| Subsequent use | 0% | 3.30% |
| Subsequent use | 5%+ | 1.50% |
| Service-connected disability | Exempt from funding fee | |
इस कैलकुलेटर का उपयोग कैसे करें
- Enter the home price and optional down payment (or leave $0 for 100% financing).
- Select your interest rate and loan term (15 or 30 years).
- Choose your service type (Regular Military or Reserves/National Guard).
- Check whether this is your first VA loan and if you're exempt from the funding fee (service-connected disability).
- Optionally expand Taxes & Insurance to add property tax, home insurance, and HOA.
- Click 'Calculate VA Loan' to see your monthly payment, funding fee, and total cost.
- Review the charts and the guide below for more context.
अपने परिणामों को समझना
Total Monthly Payment
Your estimated monthly payment including principal, interest, property tax, home insurance, and HOA (if entered). VA loans have no PMI, so this amount does not include mortgage insurance.
VA Funding Fee
The one-time funding fee based on your down payment and first-time vs. subsequent use. It can be paid at closing or financed into the loan. If financed, it increases your loan amount and thus your monthly payment.
कुल लागत
The sum of all payments over the life of the loan: principal, interest, funding fee (if paid at closing or financed), taxes, insurance, and HOA. Use this to compare different scenarios.
Understanding the Charts
मासिक भुगतान टूटना
A doughnut chart showing how your total monthly payment is split: Principal & Interest, property tax, home insurance, and HOA (if any). This helps you see where your money goes each month.
Total Cost Over Loan Life
A doughnut chart showing the total amount you will pay over the full loan term: principal, interest, funding fee, and taxes/insurance (and HOA if applicable). Useful for understanding the full cost of homeownership.
VA Loan Formulas
The calculator uses standard mortgage math. Key formulas:
Monthly Principal & Interest
P&I = P × [ r(1+r)^n ] / [ (1+r)^n − 1 ]
P = loan amount, r = monthly interest rate, n = number of payments.
VA Funding Fee
Funding Fee = Base Loan Amount × (Funding Fee Rate ÷ 100)
Base loan amount = home price minus down payment. Rate depends on down payment and first vs. subsequent use (see table above).
VA Eligibility Requirements
Eligibility is determined by the VA based on service. General guidelines:
Active Duty
90 continuous days during wartime, or 181 days during peacetime.
National Guard / Reserves
6 years in the Guard or Reserves, or 90 days active duty (certain criteria).
Surviving Spouse
Unremarried spouse of a veteran who died in service or from a service-connected disability may be eligible.
You must obtain a Certificate of Eligibility (COE) from the VA and use the home as your primary residence. Contact the VA or a VA-approved lender to confirm your eligibility.
महत्वपूर्ण नोट्स
- This calculator is for educational and estimation purposes only. It is not financial or legal advice.
- Actual rates, fees, and terms depend on the lender, your credit, and market conditions. Funding fee rates are set by the VA and may change.
- Property taxes and insurance are estimates; your actual escrow amounts will vary. HOA fees are optional inputs.
- For personalized advice and to confirm VA eligibility, consult a VA-approved lender or the U.S. Department of Veterans Affairs.
Typical VA Closing Costs
In addition to the funding fee (if not exempt), you may pay:
- VA appraisal and compliance inspection
- Title insurance and search
- Origination and lender fees (VA limits some fees)
- Prepaid property taxes and insurance
VA allows sellers to pay a portion of closing costs. Discuss with your lender and real estate professional.