VA Loan Funding Fee Calculator
Calculate the VA funding fee on a purchase, cash-out refinance, or IRRRL streamline refinance, using the current official VA rate table. The fee replaces mortgage insurance on VA loans and can be paid in cash or rolled into the loan amount.
See our VA Home Loan Calculator for the full monthly payment, or all our calculators.
Glossary
A one-time fee paid to the VA that helps fund the loan guaranty program for future veterans, since VA loans require no down payment or monthly mortgage insurance. The rate depends on down payment size, whether it’s your first VA loan, and the loan purpose.
At 0% down, first-time use is 2.15% versus 3.3% for subsequent use. A 5%+ down payment brings both first- and subsequent-use borrowers down to the same lower tiers (1.5% or 1.25%), so a modest down payment meaningfully closes that gap.
Veterans receiving VA disability compensation (or eligible to but receiving retirement pay instead), Purple Heart recipients on a purchase loan, and surviving spouses using VA loan eligibility all pay no funding fee at all.
Yes, and most VA borrowers do — it’s added to the loan balance rather than paid in cash at closing, which keeps upfront costs low but means you pay interest on the fee over the life of the loan.