VA loans are available to eligible veterans, service members and some surviving spouses, typically require no down payment and no monthly mortgage insurance, and instead charge a one-time VA funding fee that can be financed into the loan.
Fallback rate used above (conventional, not a VA rate): 6.64% (source: FRED (Federal Reserve Economic Data), as of 2026-11-09). This updates automatically to the live Optimal Blue OBMMI VA rate wherever the edge or browser fetch succeeds; otherwise the conventional fallback above stays in place and is labeled as such, so do not read it as a quoted VA rate.
- Principal & interest
- $2,737
- Property taxes
- $300
- Homeowners insurance
- $239
- PMI
- $167
- Total monthly payment
- $3,443
This model does not implement VA-specific fees (FHA mortgage insurance premiums, the VA funding fee, or jumbo-specific reserve requirements), so treat the total above as a principal, interest, tax and insurance estimate rather than a complete VA payment. Open the calculator to see the live program rate and adjust every assumption.
Open this VA example in the calculator
Source references:
Rate reference as of 10/1/2026. Educational software; no professional review claimed.