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
High-Cost County
CA/OR high-cost area — conforming limit up to $1,209,750
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 (2025 conforming limit: $806,500). 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?
Common Questions
VA Loan & Entitlement Calculator — Frequently Asked Questions
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From the Blog
Further Reading
VA LoansVA Jumbo Loans in Lake Oswego, Oregon: Why Veterans Buy More Home for Less — and Keep Their Savings
A $1,500,000 home in Lake Oswego requires a conventional buyer to bring $300,000 in down payment plus $105,000 in required reserves — before closing costs. A veteran with VA entitlement can close on the same home with as little as $22,000 out of pocket, at a lower rate. Here's the side-by-side comparison with real numbers.
Loan TypesVA Loans: The Complete Guide for Military Borrowers
VA loans offer some of the best terms available to any borrower — no down payment, no PMI, competitive rates. Here's everything you need to know about eligibility, entitlement, and the process.
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.