VA Funding Fee Calculator: Your Exact Fee in Seconds

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 receive VA disability compensation for a service-connected condition, 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

Purchase price

Down payment

VA allows $0. More down lowers the fee.

VA benefit use

Funding fee exemption 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; fee percentages are set by statute and are currently scheduled to run through 14 November 2031. Exemption status is confirmed on your Certificate of Eligibility — veterans receiving VA disability compensation for a service-connected condition (or who would receive it but for retirement or active-duty pay), eligible surviving spouses, and Purple Heart recipients still serving on active duty at closing are exempt; a 0% non-compensable rating does not by itself create an exemption. Actual fee, eligibility, and financing depend on your specific loan. Forest Hills Mortgage · Matt Mergo, NMLS #563819. Equal Housing Opportunity.