How Much Is Your VA Funding Fee?
Select your loan type and usage history to see your exact funding fee — and what it costs if you roll it into the loan.
VA Funding Fee Reference
The VA funding fee is a one-time charge paid at closing or financed into the loan. The rate depends on your loan type, whether it's your first time using the VA benefit, and your down payment amount.
2026 VA Funding Fee Table
Rates effective as of 2020 under the Blue Water Navy Vietnam Veterans Act. These rates apply to loans closed on or after January 1, 2020.
Purchase — First Use
| Down Payment | Funding Fee |
|---|---|
| Less than 5% | 2.15% |
| 5% or more | 1.50% |
| 10% or more | 1.25% |
Purchase — Subsequent Use
| Down Payment | Funding Fee |
|---|---|
| Less than 5% | 3.30% |
| 5% or more | 1.50% |
| 10% or more | 1.25% |
VA Streamline Refinance (IRRRL)
| Down Payment | Funding Fee |
|---|---|
| Any (first or subsequent use) | 0.50% |
Cash-Out Refinance — First Use
| Down Payment | Funding Fee |
|---|---|
| Any down payment | 2.15% |
Cash-Out Refinance — Subsequent Use
| Down Payment | Funding Fee |
|---|---|
| Any down payment | 3.30% |
Exemptions: Veterans with a service-connected disability rating, Purple Heart recipients, and surviving spouses of veterans who died in service or from a service-connected disability are exempt from the funding fee entirely. Confirm your exemption status with the VA before closing.
Understanding the VA Funding Fee
The VA funding fee is a one-time charge that helps sustain the VA home loan program for future veterans. Unlike mortgage insurance on conventional or FHA loans, the funding fee is a flat percentage paid once — not an ongoing monthly cost.
Most veterans choose to finance the fee rather than pay it out of pocket at closing. When financed, the fee is added to the loan balance and repaid over the life of the loan. The monthly cost is modest — on a $350,000 loan with a 2.15% fee ($7,525), financing it at 5.5% over 30 years adds about $43/month to the payment.
If you are rated as having a service-connected disability by the VA, you are exempt from the funding fee entirely. Your lender will verify your exempt status through your Certificate of Eligibility (COE). Make sure your disability rating is on file with the VA before you apply so the exemption can be applied at closing.
More VA Loan Tools & Guides
VA Refinance Decision Tool →
Compare IRRRL vs. Cash-Out, estimate total costs, and check whether your refinance meets VA requirements.
VA Streamline Refinance →
Learn how the IRRRL works and why its 0.5% funding fee makes it one of the least expensive ways to refinance.
VA Cash-Out Refinance →
Understand the 2.15% and 3.3% funding fee rates that apply to cash-out transactions.