VA Loan Calculator — Colorado
An eligible VA borrower can buy the typical Colorado home ($533,000) with no down payment. The 2.15% first-use funding fee ($11,460) is rolled into a $544,460 loan, and there is no monthly mortgage insurance — saving about $239 a month versus FHA MIP on the same home.
Colorado has the 8th-lowest effective property tax rate of the 50 states at 0.50% — $2,185 less a year than the 0.91% state average on a $533,000 home. Homeowners insurance averages $4,963 a year, the 5th-highest premium nationally and $2,243 more than the typical state.
Loan Parameters
Total Monthly Payment
$4,269
Principal & Interest + Taxes + Insurance · no mortgage insurance
APR 7.242%
Total Interest
$763,520
Total Cost
$1,536,817
Advanced Parameters
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
N/A
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | PMI | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $43,599 | $5,499 | $38,101 | — | $538,961 | -$5,961 |
| Year 2 | $43,599 | $5,898 | $37,701 | — | $533,063 | -$63 |
| Year 3 | $43,599 | $6,326 | $37,273 | — | $526,736 | $6,264 |
| Year 4 | $43,599 | $6,786 | $36,814 | — | $519,951 | $13,049 |
| Year 5 | $43,599 | $7,278 | $36,321 | — | $512,672 | $20,328 |
| Year 6 | $43,599 | $7,807 | $35,793 | — | $504,865 | $28,135 |
| Year 7 | $43,599 | $8,374 | $35,226 | — | $496,492 | $36,508 |
| Year 8 | $43,599 | $8,982 | $34,618 | — | $487,510 | $45,490 |
| Year 9 | $43,599 | $9,634 | $33,965 | — | $477,876 | $55,124 |
| Year 10 | $43,599 | $10,333 | $33,266 | — | $467,543 | $65,457 |
| Year 11 | $43,599 | $11,084 | $32,516 | — | $456,459 | $76,541 |
| Year 12 | $43,599 | $11,889 | $31,711 | — | $444,571 | $88,429 |
| Year 13 | $43,599 | $12,752 | $30,848 | — | $431,819 | $101,181 |
| Year 14 | $43,599 | $13,678 | $29,922 | — | $418,141 | $114,859 |
| Year 15 | $43,599 | $14,671 | $28,929 | — | $403,470 | $129,530 |
| Year 16 | $43,599 | $15,736 | $27,863 | — | $387,734 | $145,266 |
| Year 17 | $43,599 | $16,879 | $26,721 | — | $370,856 | $162,144 |
| Year 18 | $43,599 | $18,104 | $25,495 | — | $352,752 | $180,248 |
| Year 19 | $43,599 | $19,419 | $24,181 | — | $333,333 | $199,667 |
| Year 20 | $43,599 | $20,829 | $22,771 | — | $312,504 | $220,496 |
| Year 21 | $43,599 | $22,341 | $21,258 | — | $290,163 | $242,837 |
| Year 22 | $43,599 | $23,963 | $19,636 | — | $266,200 | $266,800 |
| Year 23 | $43,599 | $25,703 | $17,896 | — | $240,497 | $292,503 |
| Year 24 | $43,599 | $27,569 | $16,030 | — | $212,927 | $320,073 |
| Year 25 | $43,599 | $29,571 | $14,028 | — | $183,356 | $349,644 |
| Year 26 | $43,599 | $31,719 | $11,881 | — | $151,637 | $381,363 |
| Year 27 | $43,599 | $34,022 | $9,578 | — | $117,616 | $415,384 |
| Year 28 | $43,599 | $36,492 | $7,107 | — | $81,124 | $451,876 |
| Year 29 | $43,599 | $39,142 | $4,458 | — | $41,982 | $491,018 |
| Year 30 | $43,598 | $41,982 | $1,616 | — | $0 | $533,000 |
VA Loan numbers for Colorado
- Typical Colorado home value
- $533,000
- 0% down ($0) · Zillow, August 31, 2026
- Loan amount
- $544,460
- Includes $11,460 financed funding fee
- Estimated monthly payment
- $4,269
- APR 7.242%
- Colorado property tax
- 0.50%
- $222/mo
- Homeowners insurance
- $4,963/yr
- $414/mo
- VA funding fee (first use)
- 2.15% · $11,460
- Financed; exempt with VA disability compensation
- Monthly savings vs FHA MIP
- $239/mo
- Same $533,000 home, FHA at 3.5% down
How much house can you afford in Colorado with a va loan?
Highest price where principal, interest, Colorado property tax and insurance, with the 2.15% VA funding fee financed and no monthly mortgage insurance stay within 28% of gross income —0% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $50,000 | $1,167 | $104,000 | $0 | 20% |
| $75,000 | $1,750 | $184,000 | $0 | 35% |
| $100,000 | $2,333 | $265,000 | $0 | 50% |
| $125,000 | $2,917 | $346,000 | $0 | 65% |
| $150,000 | $3,500 | $426,000 | $0 | 80% |
| $200,000 | $4,667 | $587,000 | $0 | 110% |
| $250,000 | $5,833 | $749,000 | $0 | 141% |
VA vs other loan types in Colorado
$533,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $53,300 | $479,700 | — | $288 PMI | $4,125 | 7.488% |
| FHA | 3.5% · $18,655 | $523,346 | UFMIP $9,001 | $239 MIP | $4,367 | 7.761% |
| VA | 0% · $0 | $544,460 | Funding fee $11,460 | $0 | $4,269 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $106,600 | $426,400 | — | $0 | $3,481 | 7.030% |
Frequently asked questions
What is the monthly payment on a $533,000 home with a va loan in Colorado?
Estimated $4,269 per month ($3,633 principal & interest, $222 property tax, $414 insurance) at 7.03% for 30 years, with 0% down. APR 7.242%.
How much is the VA funding fee on a $533,000 Colorado home?
$11,460 (2.15%) for a first-time user with no down payment. Putting 5% down lowers it to 1.5%, and 10% down to 1.25%.
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Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- VA — Funding fee and closing costs
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.