About this calculator
The VA loan is one of the strongest benefits available to veterans — no down payment, no PMI — but entitlement and funding-fee mechanics confuse many borrowers and even some originators. This calculator estimates available entitlement, the funding fee, and the complete monthly payment so the benefit is used to its full advantage.
What it shows you
- Available VA entitlement and effective buying power
- The funding fee based on service and down payment
- A full monthly payment with taxes and insurance
- A VA vs. conventional cost comparison
- How prior VA loan use affects remaining entitlement
What you'll enter
- Loan purpose: purchase, cash-out refinance, or VA IRRRL
- First-time or subsequent use of the VA benefit
- Funding fee exemption status
- Any active prior VA loan and the county loan limit
- Purchase price, down payment, rate, taxes, insurance, and HOA
When to use it
- Estimating the VA funding fee and monthly payment
- Checking remaining entitlement with a VA loan still open
- Comparing a VA loan with a conventional loan
Why it matters
Veterans are routinely underserved or misadvised on their own benefit. An originator who can clearly model VA entitlement and costs becomes the obvious referral for an entire community.
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