VA loans allow eligible veterans and service members to purchase a home with 0% down and no private mortgage insurance, which can increase buying power.
If you qualify for a VA loan with 0% down, you may be able to buy a home without making a down payment, which can significantly increase how much house you can afford.
Because VA loans do not require private mortgage insurance (PMI), monthly payments can often be lower compared to many conventional loans with small down payments.
Example affordability with a VA loan and 0 down
Example household income: $200,000
Monthly income: $16,667
Recommended housing budget (28–36 rule):
$4,600 – $6,000 / month
Estimated home price range:
$850K – $1.2M with 0% down
Use the calculator below to estimate your personalized monthly payment and see what home prices fit your budget.
Calculate What Home Price You Can Afford
