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VA Loan Calculator

Calculate the VA funding fee and total funded loan amount for a VA loan.

Introduction

VA Loan Calculator — Calculate the VA funding fee and total funded loan amount for a VA loan. Enter Loan amount, Funding fee (%) to get an instant, accurate result.

Formula

Funding fee = loan amount × funding fee% (default 2.15%, approximating a first-time-use, 0%-down loan). Funded amount = loan amount + funding fee. The VA funding fee is published on a schedule that varies by down payment percentage and first-use vs. subsequent-use status, and the schedule is periodically updated, so the rate here is a typical default you should adjust to your situation.

Step-by-step

  1. Enter the Loan amount.
  2. Enter the Funding fee (%).
  3. Click Calculate to see your result instantly.

Real-world example

Example: With Loan amount = 300000, Funding fee (%) = 2.15, the VA Loan Calculator gives Funding Fee: 6450, Funded Amount: 306450, Note: VA funding fee tables update periodically. Typical published rates: first use 0% down ~2.15%, first use >=5% down ~1.5%, first use >=10% down ~1.25%. Adjust as needed..

Frequently Asked Questions

Does everyone pay the same VA funding fee?
No — the fee varies by down payment size and whether it's your first VA loan or a subsequent one; some veterans (e.g. those with a service-connected disability rating) are exempt entirely.
Can the funding fee be paid in cash instead of financed?
Yes, though most borrowers roll it into the loan balance, as this calculator assumes, rather than paying it upfront.
What inputs does the VA Loan Calculator need?
You'll need to provide: Loan amount, Funding fee (%). All fields use sensible defaults, so you can see a working example immediately and then adjust the values to match your own numbers.
How accurate is the VA Loan Calculator?
The VA Loan Calculator applies the formula exactly as calculated — Funding fee = loan amount × funding fee% (default 2.15%, approximating a first-time-use, 0%-down loan). Funded amount = loan amount + funding fee. The VA funding fee is published on a schedule that varies by down payment percentage and first-use vs. subsequent-use status, and the schedule is periodically updated, so the rate here is a typical default you should adjust to your situation. — so results are precise for the inputs you provide. Accuracy depends on entering correct, realistic input values.
Is the VA Loan Calculator free to use?
Yes, the VA Loan Calculator is completely free, requires no signup, and runs instantly in your browser.

About the VA Loan Calculator

The VA Loan Calculator uses a real, verifiable formula — Funding fee = loan amount × funding fee% (default 2.15%, approximating a first-time-use, 0%-down loan). Funded amount = loan amount + funding fee. The VA funding fee is published on a schedule that varies by down payment percentage and first-use vs. subsequent-use status, and the schedule is periodically updated, so the rate here is a typical default you should adjust to your situation. — so results are accurate every time, not an approximation.