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    Free Calculator

    VA Loan vs Conventional Calculator

    Enter price, APR, term, VA funding-fee percentage, conventional down payment, and annual PMI rate. Compares upfront cash, monthly payment early-years, and estimated PMI drop-off month.

    VA — cash to close (est.)

    $0

    Conventional — down payment

    $20000

    VA — monthly P&I (funding fee financed)

    $2650.17

    Conventional — monthly P&I + PMI

    $2686.34

    Conventional — months paying PMI

    139

    Conventional — total PMI paid

    $30812

    VA funding fee (financed into loan)

    $8600