Va Funding Fee

VA Funding Fee Calculator

What will your VA funding fee actually be?

The funding fee moves on three things: first use or repeat, how much you put down, and whether you’re exempt. If you have a service-connected disability rating at any level, it’s zero. Enter your numbers and see the exact fee — plus what it looks like financed into the loan.

Why I built this

The funding fee tends to be the one part of the VA loan that feels like a catch — usually because it’s looked at on its own. It isn’t a penalty. It stands in for the down payment and the monthly mortgage insurance every other buyer carries, and it keeps the program self-funding so the next veteran gets the same deal. A one-time fee in exchange for buying with nothing down and no PMI is one of the better trades in lending. I built this so you can see your exact number, understand the few things that move it, and plan for it — financed in or paid up front — instead of meeting it for the first time at the closing table.

— Matt Mergo · NMLS #563819
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VA allows $0. More down lowers the fee.
Not sure? Your COE shows your status — how to confirm it.
Your VA funding fee
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Funding fee rate—
Down payment—
Base loan amount—
Loan with fee financed in—
The fee, not the down payment, is the VA loan’s real cost. Most veterans finance it in rather than pay it at closing. For the full picture — exemptions, the $0-out-of-pocket path with seller-paid costs, and the one case where the fee tips toward conventional — read the VA funding fee breakdown.
Have Matt confirm your exact fee and exemption

This calculator is an educational estimate, not a quote or loan offer. It reflects the current VA funding fee schedule for purchase, IRRRL, and cash-out loans; rates are set by the Department of Veterans Affairs and are subject to change. Exemption status is confirmed on your Certificate of Eligibility — a service-connected disability rating at any level, eligible surviving spouse status, and certain Purple Heart recipients are exempt. Actual fee, eligibility, and financing depend on your specific loan. Forest Hills Mortgage · Matt Mergo, NMLS #563819. Equal Housing Lender.