For educational purposes only. Not financial advice. Always consult a licensed mortgage professional. Read disclaimer
🇺🇸 VA Loan Calculator
Exclusive benefits for those who served. No down payment. No PMI. The best mortgage available.
Thank you for your service — VA loans are one of the most valuable benefits you've earned
Check Your VA Loan Eligibility
✅ You likely qualify for a VA loan
Based on your service profile you meet the basic eligibility requirements.
Get Your COE →Your Home
Loan Terms
VA loans typically offer 0.5–0.75% lower rates than conventional
VA Funding Fee
VA Funding Fee
0% down · First use · Regular Military
$8,050
2.30% of loan amount
Reduce your funding fee by increasing your down payment:
0–4.9%
2.30% fee
$8,050
5–9.9%
1.65% fee
$5,486
10%+
1.40% fee
$4,410
Your current tier is highlighted
Monthly Payment
$2,666.47
$477,980
Funding Fee
$8,050
PMI Savings vs Conventional
$227/mo
VA Loan Monthly Payment
You save $227/month vs a conventional loan with 5% down
Over 7 years that's $19,086 in PMI savings · Over the life of the loan: $81,795
VA vs Conventional vs FHA
| Feature | VA Loan | Conventional(5% down — lowest practical conventional down payment to avoid high PMI) | FHA(3.5% min down — FHA requirement) |
|---|---|---|---|
| Down payment | $0 (0%) | $17,500 (5%) | $12,250 (3.5%) |
| Loan amount | $358,050 | $332,500 | $343,661 |
| Upfront fee | $8,050 (funded) | $0 | $5,911 (funded) |
| Monthly P&I | $2,322 | $2,268 | $2,286 |
| Monthly PMI/MIP | $0 ✅ | $227 | $243 |
| Property tax | $242 | $242 | $242 |
| Insurance | $102 | $102 | $102 |
| Total monthly | $2,666 | $2,840 | $2,874 |
| Total 7-year cost | $223,984 | $238,527 | $247,325 |
| Total 30-year cost | $967,980 | $1,022,260 | $1,040,542 |
For eligible veterans the VA loan saves $14,544 over 7 years vs conventional and $23,341 vs FHA
VA Loan Limits by County
As of 2020 there are no VA loan limits for veterans with full entitlement. Reduced entitlement applies county limits.
Pasco, Florida
📍 Standard cost area
$766,550
2026 conforming limit
✅ With full entitlement you can borrow above this limit with no down payment requirement
✅ Your target home price is within the county limit — no extra down payment required
Official Resources
- VA.gov Home Loan Benefits
- Certificate of Eligibility Application
- VA-Approved Lender Finder
- HUD Housing Counselor Finder
Compare VA loan rates from top lenders
Veterans United, Navy Federal, USAA, PenFed, and LendingTree VA comparison
Frequently Asked Questions
What is the VA funding fee and who has to pay it?▾
Can I use a VA loan more than once?▾
Do VA loans require a down payment?▾
How do I get my Certificate of Eligibility?▾
Can I use a VA loan for an investment property?▾
What is the VA loan limit in my area?▾
Is a VA loan better than a conventional loan?▾
Can surviving spouses use VA loans?▾
VA monthly payment
$2,666.47
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Try this calculator →Rate defaults based on Freddie Mac PMMS. Property tax rates from ATTOM Data. FHA MIP rates from HUD.gov. VA funding fees from VA.gov. Last updated June 2026. Learn about our data sources.