Texas VA Home Loans & Free Advisor Chat

VA Funding Fee & Payment Estimator

Estimate your VA funding fee, then your monthly principal, interest, taxes & insurance. You supply the figures.

Step 1 — Funding fee

Base loan amount Purchase price minus your down payment, before the funding fee is added.

Enter a loan amount.

Are you exempt from the VA funding fee? You're generally exempt if any of these apply to you:

You receive VA disability compensation for a service-connected disability (any rating).
You're entitled to that compensation but receive military retirement or active-duty pay instead.
You hold a pre-discharge proposed or memorandum rating dated before your loan closes.
You're an active-duty service member who received a Purple Heart on or before your closing date.
You're a surviving spouse receiving Dependency & Indemnity Compensation (DIC).

Yes, one applies

No / not sure

Have you used a VA loan before? Counts even if you sold the home or paid it off. A prior loan used only for a manufactured home does not count.

First use

Used before

Down payment A 5% or 10% down payment lowers the fee. Thresholds are exact — 4.99% does not qualify for the 5% tier.

Under 5%

5%–9.99%

10%+

Estimated VA funding fee

Step 2 — Monthly payment (optional)

Finance the funding fee into the loan Most borrowers roll the fee into the loan rather than pay it in cash at closing. Uncheck to base the payment on the base loan amount only.

Interest rate Your own quoted rate.

Loan term (years)

Annual property taxes Dollar amount per year.

Annual home insurance Dollar amount per year.

Estimated monthly payment

Principal & interest$0

Property taxes$0

Home insurance$0

Financed loan amount$0

Get your actual numbers

These figures are estimates for planning purposes only, based entirely on amounts you enter, and are not a loan offer, approval, rate quote, or commitment to lend. The interest rate used is the one you supply; it is not a rate offered by Edge Home Finance. The payment shown does not include private mortgage insurance, HOA dues, or other costs that may apply, and is not an Annual Percentage Rate (APR). Actual rates, payments, and the VA funding fee depend on your full application, credit, and the terms of any loan you qualify for. Final funding fee and exemption status are determined by the U.S. Department of Veterans Affairs through your Certificate of Eligibility. This tool does not imply VA endorsement or affiliation; Steve Tomaselli is a private lender originating VA-eligible loans.

National rate trends, for context

The chart below shows national average mortgage rate indices published by Optimal Blue (OBMMI), based on a broad sample of locked loans across the country. It is general market information to help you see where rates have been trending. It is not a quote, not specific to your loan, and is not the figure to enter in the calculator above — for that, use a rate you have actually been quoted. Rates change daily; ask for today's quote.

Source: Optimal Blue Mortgage Market Indices (OBMMI). National averages shown are third-party index data and do not represent rates offered by Edge Home Finance LLC.