US VA Loan Calculator ($0 Down & No PMI Mortgage)
Calculate monthly payments with 0% down, zero monthly PMI, statutory VA funding fee schedules, and lifetime savings vs conventional mortgages.
Calculate monthly payments with 0% down, zero monthly PMI, statutory VA funding fee schedules, and lifetime savings vs conventional mortgages.
Calculate monthly payments with 0% down, zero monthly PMI, statutory VA funding fee schedules, and lifetime savings vs conventional mortgages. Calculate exact, penny-accurate projections compliant with 2026 IRS • St. Louis FED (FRED) standards using Calconova's deterministic IEEE-754 (Decimal.js) calculation engine with instant breakdowns.
Saves +$324.92 / month compared to an identical conventional mortgage due to $0 PMI and lower military interest rates.
\text{PMT} = \frac{(L_{\text{base}} + \text{Fee}) \times r (1+r)^n}{(1+r)^n - 1}Fixed-rate mortgage amortization incorporating the financed statutory VA funding fee (ranging from 0% for disabled veterans to 2.15% or 3.30% for zero down payments) into the principal balance.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, underwriting, or legal advice. Actual interest rates, closing costs, lender fees, and statutory criteria may vary. Calconova explicitly disclaims all liability for any financial decisions or actions taken based upon these calculations. Users are strongly advised to consult a certified financial planner, CPA, or licensed lending officer prior to executing financial commitments.
The US Department of Veterans Affairs guarantees a portion of every VA loan against default. Because the federal government backs the debt, private mortgage lenders do not require borrowers to pay monthly PMI, saving military members and veterans hundreds of dollars every month compared to conventional financing.
Veterans receiving VA compensation for a service-connected disability (rated at 10% or higher), active-duty service members awarded the Purple Heart, and surviving spouses receiving Dependency and Indemnity Compensation (DIC) are 100% exempt from the VA funding fee.
Yes. Over 90% of VA borrowers choose to finance the one-time funding fee into the total mortgage balance rather than paying it as out-of-pocket cash at the closing table.
Yes. Because VA loans carry the federal guarantee, mortgage lenders face substantially lower credit risk. As a result, VA interest rates average roughly 0.25% to 0.50% lower than comparable 30-year fixed conventional loans.
Project retirement savings with employer match, compound returns, and IRS annual contribution limits.
Calculate 2026 IRS tax brackets, standard deduction, Social Security, Medicare, and take-home pay.
Calculate combined state and municipal sales tax for all 50 US states.