Updated for 2026 VA Rates · 2.8% COLA · Effective Dec 1, 2025
VA Loan · 2026

VA Loan Calculator

Zero-down mortgage. No PMI. Funding fee waived for 30%+ disability ratings. See your monthly payment in seconds.

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Per 38 USC 3729(c), veterans with service-connected disability compensation pay $0 funding fee.

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Why VA loans win

  • 0% down payment required (with full entitlement)
  • No PMI ever — saves $100–$300/mo vs. conventional
  • Funding fee waived at 30%+ disability rating (saves $5K–$10K)
  • Unlimited reuse — use it as many times as you have entitlement
  • Lower rates than conventional loans on average

Common questions

What is the VA funding fee?

One-time fee (typically 2.15% first use, 3.3% subsequent) that helps fund the VA loan program. Per 38 USC 3729(c), veterans with service-connected disability compensation are exempt.

Do VA loans require PMI?

No, never. VA loans never require Private Mortgage Insurance, even at zero down. This is a major savings vs. conventional loans.

Can I use a VA loan more than once?

Yes — unlimited times, as long as you have remaining entitlement. Funding fee is slightly higher on subsequent uses (3.3% vs. 2.15%).

What's the maximum VA loan amount?

If you have full entitlement, there's no maximum (lender-permitting). Without full entitlement, conforming loan limits apply (~$766K for 2024 in most counties).