VA Funding Fee Tables

Find your VA funding fee for a refinance or purchase

VA Funding Fee – Purchase or Construction to Perm Loan

Are you buying a home and a Veteran, Service Member, or Qualified Surviving Spouse of Veteran? VA and Jumbo VA home loans offer excellent, affordable options that are hard to beat. Advantages of a VA loan include up to 100% financing and no monthly PMI is charged, which keeps the mortgage payment lower than comparable loans. VA loans do have a VA funding fee financed on top of the base loan amount. The fee pays for the loan guarantee of the Department of Veteran Affairs. The amount of the VA funding fee varies based on 1) the type of service member, 2) whether it is the first time or subsequent use, and 3) if it is a purchase, regular refinance, or VA Interest Rate Reduction Refinancing Loan (IRRRL). Use the charts below to calculate your VA funding fee and total loan amount. va funding fee

Veteran TypeDown Payment% for 1st Time Use% for Following Use
Regular MilitaryNone
5% or more
10% or more
2.15%
1.50%
1.25%
3.3% *
1.50%
1.25%
Reserves / National GuardNone
5% or more
10% or more
2.4%
1.75%
1.5%
3.3% *
1.75%
1.5%

VA Funding Fee for Cash-Out Refinancing Home Loans

Note: Regular or cash out refinances do not allow for a reduction of VA funding fees. Reduced fees only apply to purchase loans where a down payment of at least 5 percent is made. But, a VA cash out refinance will waive the VA funding fee for disabled Veterans. Learn more about VA Home Loans here

Type Of Veteran% for 1st Time Use% for Following Use
Regular Military2.15%
3.3% *
Reserves / National Guard2.4%
3.3% *

*The higher subsequent use fee mentioned above does not apply to these types of loans if the Veteran’s only prior use of entitlement was for a manufactured home loan. Check out helpful VA loan articles here

Type Of LoanPercentage for Either Type of Veteran Whether First Time or Subsequent Use
IRRRL.50%
Manufactured Home Loans (NOT permanently
affixed)
1.00%
Loan Assumptions .50%