VA Loan Calculator
CaliforniaCalculator.netPurchase and VA loan details
Estimated monthly payment: $3,065.82
- Base VA loan
- $400,000
- Financed loan
- $408,600
- VA funding fee
- $8,600.00
- Estimated cash to close
- $10,000
VA funding-fee check
2.15% purchase funding-fee rate based on the entered down payment, use type, and exemption choice.
- Down payment
- 0.00%
- Funding fee
- $8,600.00
- Fee treatment
- Financed
- Monthly PMI
- $0.00
- Principal and interest
- $2,515.82
- Property tax
- $400.00
- Home insurance
- $150.00
- HOA
- $0.00
- Total estimated interest
- $497,096.06
- Total entered housing payments
- $1,103,696.06
| Down payment | First use | Subsequent use |
|---|---|---|
| Less than 5% | 2.15% | 3.30% |
| 5% to 9.99% | 1.50% | 1.50% |
| 10% or more | 1.25% | 1.25% |
Important notes
- This is an educational estimate, not a VA eligibility decision, Certificate of Eligibility review, appraisal, approval, or lender quote.
- Property taxes, insurance, HOA dues, closing costs, rates, and escrow payments can change; this estimate holds entered values constant.
- VA purchase loans do not require monthly private mortgage insurance, but borrower eligibility and lender underwriting still apply.
Estimated monthly payment
$3,065.82 across the entered mortgage and housing costs
| Principal & interest | $2,515.82 | 82% |
|---|---|---|
| Property tax | $400.00 | 13% |
| Home insurance | $150.00 | 5% |
Balance and interest over time
Year-end financed balance and cumulative interest
| Year | Ending balance | Cumulative interest |
|---|---|---|
| 1 | $403,812 | $25,402 |
| 5 | $381,376 | $123,725 |
| 10 | $344,195 | $237,494 |
| 15 | $293,417 | $337,664 |
| 20 | $224,067 | $419,264 |
| 25 | $129,354 | $475,500 |
| 30 | $0 | $497,096 |
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