This calculator helps you estimate your VA monthly housing payment, funding fee, if applicable, cash-to-close, and (optionally) VA residual income, using VA specific guidelines. 

Enter your Purchase Price, Rate, Term, Income, and Monthly Debts to estimate your monthly VA payment, cash to close, and VA funding fee.

1. Loan Inputs
   Start with purchase price, rate, term, income, and monthly debts.

2. Housing Costs
   Property taxes auto-calc from the tax rate (you can override monthly taxes), plus insurance and HOA.

3. VA Funding Fee (Important)
   Select Military Type and Use Type.
   If you are Funding Fee Exempt, choose “Yes” and the fee will be set to $0 automatically.
   Default is Financed (added to the loan), which is the most common structure.

4. Results
   You’ll see your Monthly Estimated All-In VA Payment and a breakdown of principal & interest, taxes, insurance, and HOA.
   VA loans do not have monthly mortgage insurance.

5. Cash Needed to Close (Estimate)
   Includes estimated closing costs, down payment (often $0 on VA), seller credits, and funding fee if paid upfront.

6. Debt-To-Income (DTI) Snapshot (VA Guideline Reference)
   Front and back DTI are shown as a helpful guideline check. VA underwriting is holistic, residual income and overall profile matter.

Elite Mode: VA Residual Income Review (Optional) 

Residual income is often the deciding factor for VA approvals, especially when DTI is near guideline limits.

Select box on VA Residual Income Review, then select your Region and Household Size to see:

• Estimated residual income
• VA guideline target
• Surplus/shortfall

If you know your take-home pay, use Net Monthly Income (override) for best accuracy.

Important Note

This calculator provides educational estimates. Final terms and qualification depend on lender underwriting, fees, and VA guidance.