Thinking about using your VA benefit to buy or refinance a home?
Use our custom calculators made specifically for different VA loan options to estimate your monthly payments, check out your savings, or estimate the build for your custom home.
- No monthly PMI on VA loans
- VA purchase scores as low as 500
- PBT Bancorp NMLS #257781
Need more information?
Speak with a VA loan specialist about your loan options.
No credit pull, no obligation. We can usually tell you the next step in a few minutes.
What does the VA purchase payment include?
A VA purchase payment usually includes principal and interest, property taxes, homeowners insurance, and the VA funding fee if it is financed into the loan. Principal is the amount borrowed, and interest is the cost the lender charges to lend the money.
The big difference from a conventional or FHA loan is that a VA loan does not require monthly mortgage insurance (PMI), even when you buy with $0 down. Start with $0 down to see the most common VA purchase structure, mark funding fee exempt if you have a qualifying service-connected disability, and then call us before you rely on the estimate because taxes, insurance, and rate can move the number.
Use the VA IRRRL calculator for streamline refinance savings
The VA IRRRL, sometimes known as a VA streamline loan, is for homeowners who already have a VA loan and want to lower the rate, reduce the payment, or move out of an adjustable-rate loan. An adjustable-rate loan can move up or down over time, while a fixed-rate loan keeps the rate locked for the life of the loan.
Our No Score VA IRRRL program does not require a minimum credit score, only 1x 30 days late max in the past 12 months, and it can often help Veterans who would be turned away by a larger lender.
When you use the IRRRL tab, pay attention to the monthly savings and the break-even timing. A lower payment is helpful, but we still want to make sure the refinance makes sense after closing costs.
Estimate a VA one-time close construction loan
A VA one-time close construction loan rolls the land, construction, and permanent mortgage into one closing. The construction tab is built for that structure, with fields for land cost, construction cost, 5% contingency, interest reserve, VA funding fee, and the appraised value of the finished home.
The interest reserve helps cover loan interest while the home is being built, before regular mortgage payments begin. This is a specialty product, and not every lender offers it. We work with lenders who handle true VA one-time close construction loans, including a program that can go down to a 580 credit score when the rest of the file fits.
Why the estimate can change after we review your file
A calculator is a strong starting point, but real VA loan numbers typically depend on your credit, the exact property, county taxes, homeowners insurance, HOA dues, rate, closing costs, and whether the VA funding fee applies.
We pull your Certificate of Eligibility (COE), compare your loan across over 30 wholesale lenders, and then show you the real numbers before you commit to anything.
VA loan calculator questions
What does a VA loan calculator include?
A VA loan calculator should include principal and interest, property taxes, homeowners insurance, the VA funding fee when it applies, and the fact that VA loans do not require monthly mortgage insurance. That last part matters because PMI is one of the biggest reasons a generic mortgage calculator can overstate or misread the VA advantage.
Can I use this calculator for a VA IRRRL?
Yes, use the IRRRL savings tab if you already have a VA loan and want to see how a lower rate could affect your monthly payment. We will still confirm the net tangible benefit, which means the refinance should save money or improve the loan terms in a real way, before recommending the refinance.
Can I calculate a VA cash-out refinance?
Yes, use the cash-out tab to estimate how much equity may be available, and use the debt consolidation tab if your main goal is reducing monthly debt payments. We have lenders who accept credit scores as low as 500 on VA cash-out, depending on the rest of your file, and we will explain the long-term interest tradeoff before you decide.
Can I estimate a VA one-time close construction loan?
Yes, use the construction tab for land cost, construction cost, 5% contingency, interest reserve, VA funding fee, and the finished appraised value. Our VA one-time close program can go down to a 580 credit score when the rest of the file fits, and we will review the builder, plans, and full loan structure before you commit.
Want us to run the real VA loan numbers?
Use the calculator first, then send your name and phone through the short form below or call 800-697-4371. We will pull your COE, check the numbers across over 30 wholesale lenders, and help you compare the options that actually fit your situation.
Speak with a VA loan specialist about your loan options.
Send your name, email, and phone. A VA loan specialist will call you back and point you in the right direction. No credit pull.
What should we help you check?
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Prefer not to wait? Call 800-697-4371 or text us at (800) 697-4371.