Is the VA funding fee amortized like the loan?

When financed, the VA funding fee is added to your base loan amount and amortized over the term along with principal and interest. Exempt borrowers (service-connected disability, Purple Heart recipients, and certain surviving spouses) pay no funding fee.

How does extra principal change my payoff date?

Extra principal reduces the outstanding balance faster, which shrinks future interest and shortens the loan. The calculator recomputes the payoff month and total interest saved automatically when you enter an extra monthly amount.

Are taxes and insurance included in the amortization?

No. Property taxes, homeowners insurance, and HOA are estimated escrow/monthly costs shown alongside principal and interest to reflect true monthly outlay, but they are not amortized against loan balance.

VA Amortization Calculator

Every dollar of a VA loan — mapped, month by month.

Model your full VA payment (with financed funding fee, taxes, insurance, HOA, and extra principal), then see the complete amortization schedule, payoff date, and interest saved.

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Inputs & summary

Home price / base loan

Down payment

Interest rate

Your assumption — not a current market rate or quote.

Term (years)

First payment (YYYY-MM)

Funding fee % (override)

Leave blank to auto-calculate

Property tax (annual)

Insurance (annual)

HOA (monthly)

Extra monthly principal

First VA loan use Funding-fee exempt (service-connected disability, PH, eligible surviving spouse)

Results

Enter your own assumed interest rate above to see estimated results.

We do not publish or preload rates. Any rate you enter is your own assumption, not a quoted or available rate.

Educational estimate only—not a Loan Estimate, credit decision, commitment to lend, or guarantee. Actual eligibility, rates, fees, payments, and terms may differ.

Amortization schedule

Enter an interest rate above 0% to generate the amortization schedule, CSV export, and print view.

How amortization works

A fixed-rate VA loan is amortized: each monthly payment is split between interest (highest early on) and principal (highest later). The schedule you see above shows exactly how that split shifts over the life of the loan.

Funding fee, financed

Most veterans finance the VA funding fee. That means it's added to your base loan and amortized with everything else — you don't pay it out of pocket, but you do pay interest on it. Exempt borrowers pay $0.

Extra principal shortens the loan

Even a small monthly principal add can cut years off a 30-year VA loan and save tens of thousands in interest. Enter an "Extra monthly principal" above and watch the payoff month and interest saved recalculate instantly.

Bolt Home Loans LLC is not affiliated with or endorsed by the Department of Veterans Affairs or any government agency. VA loan programs are offered by private lenders. Rates and funding fee percentages are illustrative and change over time; confirm with a licensed loan officer before making decisions.