Pensacola Military Housing
Military Mortgage & BAH Calculators
Estimate your VA, FHA, or conventional payment, compare loan types, model the VA funding fee, and align a home price to your 2026 BAH for the Pensacola (FL064) and Fort Walton Beach (FL056) MHAs.
PCS Decision Tools
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Gregg Costin, Realtor® · Levin Rinke Realty · 220 W Garden St, Pensacola, FL 32502 · Licensed in Florida & Alabama · Equal Housing Opportunity · Privacy · Accessibility
On this page5 sections
Loan Calculator: VA, FHA and Conventional
The calculator on this page models a VA loan with zero down, an FHA loan with 3.5% down and a conventional loan with 5% to 20% down, using 2026 Pensacola-area defaults for price, rate, taxes and insurance. Every input is editable. The VA line includes the funding fee, financed into the loan, so the payments compare honestly.
How the VA Funding Fee Changes the Payment
For a VA purchase loan with less than 5% down, the funding fee is generally 2.15% on first use and 3.30% on subsequent use, unless an exemption applies. Larger down payments can reduce the fee. For example, 2.15% of a $250,000 base loan is $5,375. Financing that fee increases the loan balance; the monthly effect depends on the interest rate and term. Ask your lender to confirm the fee category and exemption status before comparing loan estimates.
Matching a Price to Your 2026 BAH
Use your actual duty location, pay grade and dependency status to look up BAH, then compare it with the estimated loan payment, property taxes, insurance and association costs. Change the calculator inputs for the property and financing you are considering. A BAH amount by itself does not establish a purchase price or loan approval. The BAH-to-mortgage guide compares actual-income scenarios, and the BAH rates page includes a property-cost worksheet.
Estimates Only: Confirm With a Lender
These calculators do not pull credit, verify income or price your insurance. A lender's pre-approval and an insurance quote on the specific address are the two documents that turn an estimate into a budget. I can introduce you to VA-experienced lenders who close on the Emerald Coast every week.