Estimate a VA Home Loan Payment Using Your Assumptions

VA Home Loan Payment Estimator

The VA funding fee is a one-time payment that eligible borrowers pay to help sustain the VA home loan program. The fee varies based on whether this is your first use or subsequent use of the VA loan benefit, and your down payment amount.

Some Veterans are exempt from the funding fee, including those receiving VA disability compensation and certain surviving spouses. Your lender and Certificate of Eligibility determine your official funding-fee status. This estimator does not make that determination.

The funding fee may be financed into the loan or paid at closing. For a VA purchase loan, only the VA funding fee may generally be financed into the loan amount. Other closing costs are separate.

Texas does not have a single statewide property-tax rate. Property taxes depend on the county, city, school district, municipal utility district (MUD), public improvement district (PID), appraisal, and any exemptions that apply to the property.

Texas offers a total property-tax exemption for qualifying 100% disabled Veterans on their residence homestead. This exemption is not automatic — it must be applied for and approved by the applicable appraisal district. Lender escrow treatment may differ from the exemption amount.

This estimator does not automatically calculate partial disabled-veteran exemptions. If you have a partial exemption, enter the exact annual property-tax amount after exemptions.

Disclosure

Educational estimate only. This calculator uses assumptions entered by you. It is not a Loan Estimate, mortgage advertisement offering specific credit terms, application, prequalification, credit decision, commitment to lend, tax determination, legal advice, or guarantee of eligibility, approval, rate, APR, costs, savings, exemption, or payment. APR is not calculated. Actual terms depend on your lender, Certificate of Eligibility, VA funding-fee determination, credit, income, debts, appraisal, property, taxes, insurance, HOA dues, and closing date. A Texas property-tax exemption requires qualification and appraisal-district approval, and lender escrow treatment may differ.

Garcia Vet Homes and Richard W. Garcia Jr. provide real estate brokerage services through LPT Realty, LLC. They are not mortgage lenders, are not the U.S. Department of Veterans Affairs, and are not affiliated with or endorsed by the VA. Consult your lender, appraisal district, tax professional, and attorney as appropriate.