VA Funding Fee Chart

Every current VA funding fee rate in one place. Rates effective April 7, 2023, last verified against VA.gov August 31, 2026.

Do you pay a funding fee?

  • If you receive VA compensation for a service-connected disability, your funding fee is $0 — no matter the loan type, use, or down payment.
  • Surviving spouses receiving DIC, borrowers with a pre-discharge rating, and Purple Heart recipients on active duty are also exempt. See VA's full list.
  • Everyone else: find your row below, then run it in the funding fee calculator — it has an exempt toggle built in.

Purchase and construction loans

On a purchase loan, the fee is a percentage of the loan amount. Putting money down — even 5% — drops the rate meaningfully.

  • Less than 5%

    First use
    2.15%
    Subsequent use
    3.30%

  • 5% to 9.99%

    First use
    1.50%
    Subsequent use
    1.50%

  • 10% or more

    First use
    1.25%
    Subsequent use
    1.25%

Example: on a $300,000 loan with no down payment, a first-use fee at 2.15% is $6,450. At 5% down the rate falls to 1.5% — $4,275 on the smaller $285,000 loan.

Cash-out refinance loans

Cash-out refinancing pays off your current loan and gives you the difference in cash. The funding fee doesn't vary with equity — it's a single rate by use.

  • Any (cash-out has no down payment bands)

    First use
    2.15%
    Subsequent use
    3.30%

IRRRL (streamline refinance)

The Interest Rate Reduction Refinance Loan refinances an existing VA loan with minimal paperwork — and the funding fee is a flat 0.5% for everyone, first use or not.

  • Any

    First use
    0.50%
    Subsequent use
    0.50%

More on how the streamline works in the IRRRL guide.

Who doesn't pay the funding fee

VA exempts several groups entirely — the fee is $0 regardless of loan type or use. VA's own list:

  • You're receiving VA compensation for a service-connected disability.
  • You're eligible to receive VA compensation for a service-connected disability, but you're receiving retirement or active-duty pay instead.
  • You're receiving Dependency and Indemnity Compensation (DIC) as the surviving spouse of a Veteran.
  • You're a service member who received a proposed or memorandum rating before the loan closing date saying you're eligible for compensation because of a pre-discharge claim.
  • You're an active-duty service member who, on or before the loan closing date, provides evidence of receiving a Purple Heart.

If any of these might apply to you, confirm it before closing — an exemption wrongly missed is money left on the table, and a fee wrongly charged can be refunded after closing.

How to read the chart

  • The fee applies to the loan amount, not the purchase price — a down payment reduces both.
  • "First use" means your first VA-backed loan. Buying a second home with VA financing later is a subsequent use.
  • A down payment of exactly 5% or exactly 10% puts you in the better band.
  • You can pay the fee at closing or finance it into the loan. Financing preserves cash but adds interest over the life of the loan.
  • Manufactured homes and loan assumptions have their own rates on VA.gov; the chart above covers the loans most borrowers use.

Sources and last verified

  • VA funding fee rates: VA.gov funding fee and closing costs
  • Rates effective April 7, 2023. Last verified August 31, 2026.
  • Payments use standard amortization. No lender-specific pricing is applied.
  • What these estimates exclude: your lender's actual rate lock and fees, HOA dues, flood or mortgage-recording costs, escrow-shortage adjustments, and any county-specific tax exemption you may qualify for.
  • Every formula and assumption is documented in how we calculate.

Written and reviewed by the Veteran Home Calc editorial team against VA's published guidance. Rates and program rules last reviewed August 31, 2026.

Veteran Home Calc is an independent educational site. It is not affiliated with or endorsed by the U.S. Department of Veterans Affairs, and it does not sell leads or collect your numbers — results are estimates, not loan approvals, offers, or financial advice.

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