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Quick answer

A VA loan payment is principal and interest on the loan (including any financed VA funding fee) plus property taxes and homeowners insurance — with no monthly mortgage insurance. The funding fee for a purchase is 2.15% for first use with under 5% down, falling to 1.5% at 5% down and 1.25% at 10%. Many disabled veterans are exempt.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast updated

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Estimated VA payment

$3,049

No monthly mortgage insurance

Principal & interest
$2,595
Property taxes
$313
Insurance
$142
Funding fee
2.15% · $8,063
Total loan amount
$383,063

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VA funding fee table (purchase)

Down paymentFirst useSubsequent use
Under 5%2.15%3.3%
5%–9.99%1.5%1.5%
10%+1.25%1.25%

Frequently asked questions

Veterans receiving VA disability compensation, eligible surviving spouses receiving DIC, and some active-duty Purple Heart recipients, among others.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.