VA Benefit Calculator
VA Loan vs Conventional
See exactly how much your VA benefit saves you — monthly, at closing, and over the life of the loan. Most veterans are surprised by the number.
No down payment
No PMI ever
Lower interest rate
One-time funding fee only
← All Calculators
🏠 Home & Loan
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$
$
$
🎖️ VA Loan Settings
%
$
Usually $0 — VA requires no down payment
%
Editable — verify with your lender
Funding Fee: The VA funding fee is a one-time fee paid instead of PMI. Most veterans roll it into the loan. Disabled veterans with a service-connected disability rating are exempt.
🏦 Conventional Loan Settings
%
Typically ~0.5% higher than VA
%
%/yr
Applies until 80% LTV
+
%
Adjust VA rate to update
🎖️ VA Benefit — Your Total Savings
VA loan saves you over 30 years
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Compared to a conventional loan at current inputs
Monthly Savings
—
Every single month
Cash Saved at Close
—
Down pmt + closing diff
PMI Avoided
—
Total PMI you won't pay
Interest Savings
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Lower rate over term
VA Loan
Conventional
Cumulative Cost — 30 Years
VA Loan
Conventional
Cumulative out-of-pocket costs including all payments, PMI, and funding fee. Does not include equity or appreciation.
⚖️ Funding Fee Break-Even
The VA funding fee is the only upfront cost VA charges instead of PMI. Here's how long until your monthly savings pay it back.
Month 118 monthsYear 5
Ready to use your VA benefit?
Our team specializes in VA loans. We'll verify your eligibility, pull your Certificate of Eligibility, and get you a same-day pre-approval.
Estimates only. VA funding fee rates are subject to change — verify current rates at VA.gov. PMI rates vary by lender and credit score. Results do not constitute a loan commitment.
Quazel Mortgage · NMLS #2133626 · Licensed in UT, ID, FL & CO · Privacy Policy · Opt Out
Quazel Mortgage · NMLS #2133626 · Licensed in UT, ID, FL & CO · Privacy Policy · Opt Out