TKN Financial VA Loan Calculator

Budgeting • TSP • VA Loan • Career Starter • Resources

VA Loan Calculator

Property Price ($) (Home purchase price)

Down Payment (% or $)

Enter either a percentage or cash amount. Both will sync automatically.

Funding Fee (%) (VA fee, varies by service/use)

Interest Rate (APR %) (Annual rate, e.g. 6.5)

Loan Term (years) (Usually 30)

Annual Taxes (%) (of price, e.g. 1.0)

Home Insurance ($/yr)

HOA Fees ($/mo)

Gross Monthly Income ($) ℹ️

Monthly Debts ($) ℹ️ (Car, credit cards, etc.)

Target DTI (%) ℹ️ (Debt-to-Income, usually 41%)

Loan Details & Amortization

Loan Amount (incl. Funding Fee)

Principal + VA Funding Fee

Monthly Payment (P&I)

Principal & Interest only

Total Payment (est. PITI+HOA)

Incl. taxes, insurance, HOA

Chart shows loan balance (blue) and equity (green) over time.

Mo	Payment	Interest	Principal	Balance

Max Affordable Home Price

Estimated Max Price

Based on your income, debts, and DTI

How is this calculated?
The calculator estimates the maximum home price you can afford by working backwards from your gross monthly income, subtracting your monthly debts and HOA, and applying your target DTI (Debt-to-Income) ratio. It then finds the highest home price where the total monthly payment (principal, interest, taxes, insurance, HOA) does not exceed your allowed DTI limit.

Saved Analyses

Resources & Notes

SCRA interest cap: Certain pre-service debts may be capped at 6% while on active duty. Check lender process.
BAH/BAS planning: Factor local BAH into housing budget. Consider roommate/geo-bachelor trade-offs.
VA Loan: No PMI, flexible credit; funding fee varies by use/waiver (service-connected disability may waive).
TSP under BRS: Contribute at least 5% to capture full match once eligible on active duty orders.

Note: Calculators provide estimates only—confirm specifics with your lender/finance office.