A VA purchase, funding fee included
No monthly mortgage insurance, but a funding fee that varies with use and down payment.
A VA purchase
No mortgage insurance on a VA loan — the funding fee takes its place, once.
0.0% down
Per month
Estimated monthly payment
$3,811
A VA loan carries no monthly mortgage insurance.
Base loan$500,000
Funding feeAdded to the loan$10,750
Loan amount$510,750
Principal & interest$3,145
Tax & insurance$667
Total monthly$3,811
Amortisation schedule
360 payments · $621,369 interest over the life of the loan. Illustrative.
| Period | Payment | Interest | Principal | Balance | Interest to date |
|---|---|---|---|---|---|
| Year 1 | $37,737 | $31,752 | $5,985 | $504,765 | $31,752 |
| Year 2 | $37,737 | $31,367 | $6,370 | $498,395 | $63,120 |
| Year 3 | $37,737 | $30,958 | $6,780 | $491,616 | $94,077 |
| Year 4 | $37,737 | $30,522 | $7,216 | $484,400 | $124,599 |
| Year 5 | $37,737 | $30,057 | $7,680 | $476,720 | $154,656 |
| Year 6 | $37,737 | $29,563 | $8,174 | $468,546 | $184,220 |
| Year 7 | $37,737 | $29,038 | $8,700 | $459,847 | $213,258 |
| Year 8 | $37,737 | $28,478 | $9,259 | $450,587 | $241,736 |
| Year 9 | $37,737 | $27,883 | $9,855 | $440,733 | $269,618 |
| Year 10 | $37,737 | $27,249 | $10,489 | $430,244 | $296,867 |
| Year 11 | $37,737 | $26,574 | $11,163 | $419,081 | $323,441 |
| Year 12 | $37,737 | $25,856 | $11,881 | $407,200 | $349,297 |
| Year 13 | $37,737 | $25,092 | $12,645 | $394,554 | $374,389 |
| Year 14 | $37,737 | $24,278 | $13,459 | $381,095 | $398,668 |
| Year 15 | $37,737 | $23,413 | $14,325 | $366,771 | $422,080 |
| Year 16 | $37,737 | $22,491 | $15,246 | $351,525 | $444,572 |
| Year 17 | $37,737 | $21,511 | $16,227 | $335,298 | $466,082 |
| Year 18 | $37,737 | $20,467 | $17,270 | $318,028 | $486,549 |
| Year 19 | $37,737 | $19,356 | $18,381 | $299,647 | $505,905 |
| Year 20 | $37,737 | $18,174 | $19,564 | $280,083 | $524,079 |
| Year 21 | $37,737 | $16,915 | $20,822 | $259,261 | $540,995 |
| Year 22 | $37,737 | $15,576 | $22,161 | $237,100 | $556,571 |
| Year 23 | $37,737 | $14,151 | $23,587 | $213,513 | $570,722 |
| Year 24 | $37,737 | $12,634 | $25,104 | $188,410 | $583,355 |
| Year 25 | $37,737 | $11,019 | $26,718 | $161,691 | $594,374 |
| Year 26 | $37,737 | $9,300 | $28,437 | $133,254 | $603,674 |
| Year 27 | $37,737 | $7,471 | $30,266 | $102,988 | $611,145 |
| Year 28 | $37,737 | $5,524 | $32,213 | $70,775 | $616,670 |
| Year 29 | $37,737 | $3,452 | $34,285 | $36,490 | $620,122 |
| Year 30 | $37,737 | $1,247 | $36,490 | $0 | $621,369 |
What this page assumed
- Funding fee percentages follow the published VA schedule for a first or subsequent use, adjusted for the down payment. Exempt status waives it entirely.
- The fee is financed into the loan rather than paid at closing.
- Entitlement, county limits and residual-income tests are not modelled here.
- Every figure on this page is illustrative. It is not a rate, an APR, a quote or a commitment to lend.
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Talk it through with someone
A demonstration form. It validates, then shows you the thank-you state — it does not send, store or transmit anything.
Numbers are a start, not an answer.
A calculator does not know your credit, your reserves, the property, or what the seller will agree to. On a real site this is where you would talk to somebody.