VA Loan & Entitlement Calculator
Calculate your VA entitlement, required down payment, maximum zero-down loan amount, and funding fee — for full, partial, and restored entitlement scenarios, including the disability exemption.
Get Started in 3 Steps
How to Use the VA Loan & Entitlement Calculator
Enter Your Entitlement Status
Select whether this is your first VA use, a subsequent use, or a restoration scenario, and input any remaining entitlement from a prior loan.
Input Purchase Price & Disability Status
Enter your target purchase price and toggle the disability exemption if applicable — it eliminates the Funding Fee entirely.
Review Your Loan & Fee Summary
See your maximum zero-down loan amount, required down payment (if any), Funding Fee, and estimated monthly payment.
VA Loan & Entitlement CalculatorVA Calculator
Entitlement · Down payment · Funding fee · Monthly payment
Entitlement Status
Never used your VA benefit, or prior loan fully paid off and entitlement restored.
Purchase Details
< 5% down · 2.15% funding fee (1st use)
Loan Settings
Sets the conforming limit that caps VA max entitlement. All Oregon counties and most of California use the baseline.
Disability Exemption
Service-connected 10%+ rating — funding fee waived
Subsequent Use
Previously used VA loan — higher fee rate applies
Standard County · Max Entitlement
$208,188
25% of $832,750
$0
min. down · no loan limit
Purchase Price
$500,000
Loan Amount
$500,000
VA Guaranty
25% of loan
Funding Fee (2.15%)
$10,750
Total Loan (fee financed)
$510,750
Loan Term
Est. Monthly P&I
$2,820/mo
5.249% · 30-yr
$510,750 loan
2.15% fee fin.
Illustrative only. Actual entitlement, down payment, and fees are determined by your COE and lender underwriting. Contact Lumen Mortgage for an official analysis.
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $7,203 | $26,638 | $503,547 |
| 2 | $7,590 | $26,250 | $495,956 |
| 3 | $7,999 | $25,842 | $487,958 |
| 4 | $8,429 | $25,412 | $479,529 |
| 5 | $8,882 | $24,959 | $470,647 |
| 6 | $9,360 | $24,481 | $461,288 |
| 7 | $9,863 | $23,978 | $451,425 |
| 8 | $10,393 | $23,448 | $441,032 |
| 9 | $10,952 | $22,889 | $430,080 |
| 10 | $11,541 | $22,300 | $418,539 |
| 11 | $12,161 | $21,679 | $406,377 |
| 12 | $12,815 | $21,025 | $393,562 |
| 13 | $13,505 | $20,336 | $380,057 |
| 14 | $14,231 | $19,610 | $365,826 |
| 15 | $14,996 | $18,845 | $350,831 |
| 16 | $15,802 | $18,039 | $335,028 |
| 17 | $16,652 | $17,189 | $318,376 |
| 18 | $17,547 | $16,293 | $300,829 |
| 19 | $18,491 | $15,350 | $282,338 |
| 20 | $19,485 | $14,356 | $262,853 |
| 21 | $20,533 | $13,308 | $242,320 |
| 22 | $21,637 | $12,204 | $220,683 |
| 23 | $22,800 | $11,040 | $197,882 |
| 24 | $24,026 | $9,814 | $173,856 |
| 25 | $25,318 | $8,522 | $148,538 |
| 26 | $26,680 | $7,161 | $121,858 |
| 27 | $28,114 | $5,726 | $93,743 |
| 28 | $29,626 | $4,215 | $64,117 |
| 29 | $31,219 | $2,622 | $32,898 |
| 30 | $32,898 | $943 | Paid off |
| Total | $510,750 | $504,473 | paid off |
Frequently Asked Questions
VA entitlement · funding fee · loan limits · restoration
How does VA loan entitlement work?
VA entitlement is the dollar amount the VA guarantees on your home loan, enabling zero-down purchases. Basic entitlement is $36,000; bonus entitlement extends to 25% of the county conforming loan limit. Together, they allow most veterans to buy with no down payment and no PMI.
Best for: Active-duty military, veterans, and surviving spouses purchasing or refinancing a home
How It Works
Understanding the VA Loan & Entitlement Calculator
This calculator demystifies VA entitlement — the guarantee that eliminates the need for a down payment or PMI. It models basic entitlement, bonus entitlement, and restoration scenarios to show your maximum zero-down loan amount, any required down payment, and your exact VA Funding Fee.
Worked example: A first-time VA borrower purchasing a $550,000 home in Bend, Oregon (2026 conforming limit: $832,750). Full entitlement provides a 25% guarantee of $137,500 — more than enough for a $550,000 purchase with no down payment. The VA Funding Fee at first use with 0% down is 2.15% x $550,000 = $11,825 (financeable). If this veteran has a 10%+ disability rating, the fee is waived entirely — an $11,825 savings.
Pair this with the Invest vs. Down Payment Calculator to model whether investing the down payment capital and using VA's 0% down option builds more long-term wealth than putting 20% down on a conventional loan.
Ready to apply?
Numbers look right? Explore our VA Loans page for eligibility details, rates, and next steps.
About This Calculator
What the VA Loan & Entitlement Calculator is For
VA entitlement determines how much of your loan the government guarantees — and that guarantee is what lets veterans buy with no down payment. This calculator demystifies the math: enter your remaining entitlement (or let it auto-calculate from a prior VA loan), your target purchase price, and your disability status to see your exact maximum zero-down loan, any required down payment, and your VA Funding Fee. The disability toggle applies the full exemption for veterans with 10%+ service-connected ratings — worth thousands on a mid-size purchase.
Common Use Cases
- Veterans with a prior VA loan checking remaining entitlement
- Calculating the VA Funding Fee before closing
- Determining whether a down payment is required on your next purchase
Ready to turn numbers into a loan?
Or call 503-966-9255Common Questions
VA Loan & Entitlement Calculator — Frequently Asked Questions
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From the Blog
Further Reading
VA LoansVA Loan Relocation: From Washington Rain to a $995K Home in Rancho Santa Margarita
A real case study: a veteran with a 100% VA disability rating and his wife relocated from Washington to Orange County. A waived funding fee, grossed-up disability income, and base-wage-only qualifying got them into a $995,000 home in Rancho Santa Margarita.
VA LoansVA Jumbo vs. Physician Loan: A Medical Officer's $1.475M Coronado Home With 0% Down
A real case study: a Marine battalion medical officer compared our 100% physician loan with 100% VA financing side by side, chose a VA jumbo, and closed on a $1,475,000 Coronado home with 0% down in under 30 days.
VA LoansCan You Have Multiple VA Loans at Once? Yes — Here's Exactly How Bonus Entitlement Works in 2026
Veterans who already used their VA benefit on a current home can still buy a new primary residence with VA financing — keeping the original home as a rental, capturing rental income from a low-rate departure mortgage, and using bonus (second-tier) entitlement to access VA's no-PMI, competitive-rate pricing on the new purchase. We walk through the entitlement math, the county-limit interaction, the funding fee, and two worked scenarios — a Portland veteran upgrading to a $1.1M home and an Orange County veteran moving next door into a $2.2M home — using the Lumen VA entitlement calculator to show exactly how the down payment and loan amount work out.
Explore Further
Related tools & reading
All calculator results are estimates for informational purposes only and do not constitute a loan commitment or guarantee of any specific rate or terms. Actual loan terms will depend on creditworthiness, property type, and market conditions. Lumen Mortgage Corporation · NMLS #1498678 · Licensed in Oregon & California · 920 SW 6th Ave, Suite 1200, Portland, OR 97204.