Estimate a VA-backed purchase scenario.
Compare first and subsequent use, down-payment bands, funding-fee exemption, and paying the fee in cash versus financing it.
Estimated monthly payment
$2,386.97
- Funding-fee rate
- 2.15%
- VA funding fee
- $6,450.00
- Financed loan
- $306,450.00
- Estimated cash due at closing
- $8,000.00
- Monthly mortgage insurance
- None in this VA scenario
Educational purchase estimate only. Verify entitlement, reasonable value, residual income, closing costs, concessions and the final funding fee with a VA-approved lender.
What to verify with VA and your lender
Eligibility
A calculator cannot determine service eligibility, entitlement, occupancy, or whether a funding-fee exemption applies.
Funding fee
Purchase rates depend on first or subsequent use and down payment. The fee can be financed or paid at closing.
No monthly PMI
This VA scenario has no monthly mortgage insurance, but taxes, homeowners insurance, closing costs and possible HOA dues still matter.
Review the official VA funding fee and closing cost table. Use the separate Cash to Close calculator for a fuller transaction estimate.