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VA Loan Calculator for Texas - 2021

Texas state flagAccording to the U.S. Census Bureau, there are 1.6 million veterans in Texas as of 2012. Texas vets can use our VA home loan calculator to quickly and easily calculate a VA loan payment with taxes and insurance, including jumbo VA home loans. The calculator will also estimate your VA funding fee. The VA funding fee is a fee paid to the Veteran's Administration to help support the VA home loan program. The fee is determined by the downpayment and if the vet has previously used his or her eligibility. Last updated 1/2021

Learn more about Veteran Loans.

  VA Entitlement Worksheet
  Sales Price (or Appraisal whichever is less)  
  Down Payment  
  VA Eligibility  
  Funding Fee    
  Used entitlement (not restored, if applicable)  
  Interest Rate  
  Monthly Payment  
  Principal & Interest  
  Annual Real Estate Taxes /12 =  
  Annual homeowner's insurance /12 =  
  Mortgage Amount
  Base Mortgage  
  VA Funding Fee  
  Full Mortgage  
  Required Down Payment  
  Guaranty Percentage  

Blue Water Navy Vietnam Veterans Act of 2019

Veterans and active-duty service members will be able to borrow more money for the purchase of a home and loan refinance; but veterans will be required to pay higher funding fees beginning in 2020.

The changes are due to the Blue Water Navy Vietnam Veterans Act of 2019, which became effective Jan. 1, 2020. The new law eliminates the VA loan limits for eligible borrowers with full entitlement. Unfortunately, the new law also increases the VA funding fee for most veterans. Starting in 2020, the new funding fees will be the same for the main branches, National Guard, and reservists. Presently, Reserve and National Guard members pay slightly higher fees. Veterans receiving VA compensation for a service-connected disability, or purple heart recipients are exempt from paying the funding fee

Q. What is a VA loan?
The VA home loan is a zero down payment mortgage created for veterans who meet the qualifying guidelines. Recipients other than veterans may also be eligible for a VA home loan. See list