PenFed Mortgage Calculator - Calculate Your Monthly Payments

PenFed Mortgage Calculator

Estimate your monthly payments for a PenFed home loan. Accurately calculate PITI and PMI for VA, FHA, and conventional mortgages.

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Calculate Your Mortgage

Get accurate monthly payment estimates for your PenFed mortgage loan

Loan Details

Payment Breakdown

Total Monthly Payment

$3,031
Principal & Interest $2,661
Property Tax $500
Home Insurance $125
PMI $167

Loan Summary

Loan Amount: $400,000

Down Payment: 20.0%

Total Interest: $557,960

Loan-to-Value Ratio: 80.0%

Why Choose PenFed Mortgage Calculator for Your Home Loan Planning

The PenFed mortgage calculator is your trusted tool for accurately estimating monthly mortgage payments with Pentagon Federal Credit Union, one of America's largest credit unions. Whether you're a veteran, active military personnel, or civilian looking for competitive mortgage rates, our calculator provides precise estimates tailored to PenFed's unique lending programs and benefits.

What Makes PenFed Different from Other Mortgage Lenders

Military-Focused Benefits

  • VA loans with $0 down payment
  • • No private mortgage insurance (PMI) on VA loans
  • • Capped VA loan processing fee at $995
  • • Military Choice loans for additional benefits

Competitive Rates & Fees

  • • Competitive rates updated daily
  • • Low origination fees (1% max $1,995)
  • • Transparent fee structure
  • • Member-exclusive benefits

PenFed Loan Programs Available in 2025

Conventional Loans

Fixed and adjustable rates, flexible terms

VA Loans

No down payment, no PMI for veterans

FHA Loans

3.5% down, flexible credit guidelines

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Disclaimer: This calculator is not affiliated with or endorsed by Pentagon Federal Credit Union. PenFed® is a registered trademark of Pentagon Federal Credit Union.