VA MORTGAGE CALCULATOR
Estimate Your Monthly Payment on a VA Home Loan in Ohio
Want to know exactly what you qualify for?
No cost, no obligation.
| House Price: | $0 |
| Down Payment: | $0 |
| VA Funding Fee (0%): | $0 |
| Loan Amount: | $0 |
Total Monthly Payment
| Principal & Interest: | $0.00 |
| Monthly Property Taxes: | $0.00 |
| Monthly Insurance: | $0.00 |
If you’re eligible for a VA loan in Ohio, this VA Mortgage Calculator will help you estimate your monthly mortgage payment — including your VA funding fee, loan amount, and a full payment breakdown.
It’s free to use and designed specifically for veterans, active duty service members, and surviving spouses in Ohio, especially those stationed near Wright-Patterson Air Force Base or planning to buy in nearby communities.
Not sure how the VA funding fee or your eligibility status affects your monthly payment? This tool does the math for you.
Need help getting pre-approved or figuring out your next step? Get in touch here.
How This VA Mortgage Calculator Works
Enter the details of your VA home purchase or refinance, including:
- your VA Eligibility Type – Active Duty/Veteran, National Guard/Reserve, Surviving Spouse
- Whether you have used your VA Benefits before?
- Whether you have any Service-Connected Disability?
- If you’d like to finance the VA Funding Fee in your loan or if you’d like to pay it in cash?
The calculator will show your:
- VA Funding Fee amount (if applicable)
- Total Loan Amount
- Estimated Monthly Payment — including principal, interest, taxes, and insurance.
Because VA loans don’t require PMI, your monthly payment may be more affordable than other loan types — especially if you’re exempt from the funding fee due to a service-connected disability.
What Is a VA Loan?
A VA loan is a mortgage backed by the U.S. Department of Veterans Affairs, designed to help eligible service members, veterans, and surviving spouses buy a home with no down payment and no private mortgage insurance (PMI).
If you’re eligible, you can take advantage of flexible guidelines, competitive interest rates, and lower monthly payments — making homeownership more accessible for those who’ve served.
Learn more: VA Loan Info for Ohio Buyers
Why This VA Calculator Matters
Many buyers are surprised to find out how the VA funding fee and eligibility exemptions can affect their monthly payment.
This tool helps you:
- See how your service history affects your VA loan costs
- Understand how disability status can eliminate the funding fee
- Explore how down payment and loan term impact your monthly budget
Whether you’re buying near Wright Patterson AFB, relocating within Ohio, or using your VA loan benefits for a second time, this calculator can help you run the numbers and prepare with confidence.
Also exploring conventional options? Visit the Home Purchase Page for more calculators and tools.
About T.C. Strait / Mortgage Loan Officer
I’m T.C. Strait, a licensed mortgage broker based in Mason, Ohio, with over 20 years of experience — including helping countless veterans and active-duty military families use their VA benefits to buy homes.
I believe in straightforward guidance, total transparency, and being available when my clients need me — whether that’s over text, phone, or in person.
If you’re not sure what’s next or how your eligibility affects your payment, I’m happy to walk you through it step by step.
VA Mortgage Frequently Asked Questions
Who qualifies for a VA loan?
VA loans are available to most veterans, active duty service members, National Guard and Reservists with sufficient service history, and eligible surviving spouses. If you’re unsure about eligibility, I can help you find out.
What is the VA funding fee?
It’s a one-time fee charged by the VA to help fund the program. It can be financed into your loan. Many veterans with a service-connected disability are exempt from paying it.
Do VA loans require mortgage insurance?
No. VA loans don’t require PMI, which helps keep your monthly payment lower compared to FHA or conventional loans.
Can I use a VA loan more than once?
Yes. You can use your VA loan benefits multiple times, though the funding fee may be higher if you’ve used it before and aren’t making a down payment.
Do I have to make a down payment on a VA loan?
No down payment is required in most cases, but adding one may reduce your funding fee and monthly payment. The calculator can show the impact.
Ready to Get Pre-Approved?
Whether you’re a first-time buyer or using your VA benefits again, I’m here to help you understand your options and make a smart move.
Get pre-approved today — no pressure, just straight answers.
Start the Pre-Approval Process