VA Loan & Affordability Calculator
100% Accurate VA Loan Calculator with Funding Fee & Residual Income Analysis
Monthly Payment (P&I Only)
$2,398.20
Funding Fee: $8,600.00
Base Loan Amount
$400,000.00
Funding Fee
$8,600.00
Total Loan Amount
$408,600.00
Monthly P&I
$2,398.20
Total Monthly Payment
$3,098.20
DTI Ratio
38.7%
Residual Income
$1,250
Max Affordable Price
$425,000
Payment Breakdown
| Detailed Payment Breakdown | |
|---|---|
| Principal & Interest | $2,398.20 |
| Property Tax | $400.00 |
| Home Insurance | $125.00 |
| Maintenance | $333.33 |
| Utilities | $200.00 |
| Total Housing Expense | $3,456.53 |
Loan Summary
| Total Interest Paid | $463,352 |
| Funding Fee Interest | $22,536 |
| Total Amount Paid | $871,952 |
| True APR | 6.25% |
| Payoff Date | Dec, 2053 |
Residual Income Analysis
| Gross Monthly Income | $8,000 |
| Federal Taxes (Est.) | $960 |
| State Taxes (Est.) | $400 |
| FICA | $612 |
| Housing Expense | $3,098 |
| Other Debts | $500 |
| Residual Income | $2,430 |
| Required Residual | $1,003 |
| Status | PASS ✓ |
Amortization Schedule (First 12 Months)
| Month | Payment | Principal | Interest | FF Interest | Balance |
|---|
Disclaimer: This tool is for educational purposes only. Actual VA loan terms, funding fees, and qualification requirements may vary. Please consult a VA-approved lender for accurate loan information and qualification details. Residual income requirements are based on VA Circular 26-19-6 and may be updated by the VA.