VA Funding Fee Calculator2026 VA Funding Fee Chart for Purchase, Cash-Out, IRRRL & Exemptions
The VA funding fee is 2.15% of the loan for a first-use VA purchase with less than 5% down, 3.3% for later use, 1.5% with 5% down, 1.25% with 10% down and 0.5% for an IRRRL, and it is $0 if you receive VA disability compensation. Enter your loan to see the fee, the financed total and how much a down payment would save.
Rates from the VA funding fee and closing costs page and 38 U.S.C. 3729, effective April 7, 2023.
Ways to lower it
How the VA funding fee works
The VA funding fee is a one-time charge on most VA-backed home loans, a percentage of the loan amount set by loan type, down payment and whether you have used the benefit before: 2.15% for a first-use purchase with less than 5% down, 3.3% for later use, falling to 1.25% with 10% down. Veterans receiving VA disability compensation, Purple Heart recipients and surviving spouses receiving DIC are exempt.
These rates apply to loans closed from April 7, 2023 through June 8, 2034. You can pay the fee at closing or roll it into the loan, in which case you pay interest on it too.
2026 VA funding fee chart
| Loan type | First use | Subsequent use |
|---|---|---|
| Purchase or construction, less than 5% down | 2.15% | 3.3% |
| Purchase or construction, 5% to under 10% down | 1.5% | 1.5% |
| Purchase or construction, 10% or more down | 1.25% | 1.25% |
| Cash-out refinance | 2.15% | 3.3% |
| Interest Rate Reduction Refinance Loan (IRRRL) | 0.5% | 0.5% |
| Loan assumption | 0.5% | 0.5% |
| Manufactured home (not permanently affixed) | 1% | 1% |
Percent of the loan amount. Rates set by 38 U.S.C. 3729 and published by the VA, unchanged since April 7, 2023.
The formula
Example: $350,000 home, no down payment, first use. The fee is $350,000 × 2.15% = $7,525. Put 5% down and the fee on the $332,500 loan is 1.5%, or $4,987.50.
Who does not pay the funding fee
Veterans receiving compensation for a service-connected disability, or entitled to it but receiving retired or active-duty pay instead.
Service members with a proposed or memorandum rating before closing showing eligibility for compensation.
Active-duty service members who received the Purple Heart, with evidence provided at or before closing.
Surviving spouses of veterans who receive Dependency and Indemnity Compensation.
How to use this VA funding fee calculator
- Pick the loan typePurchase, cash-out refinance, IRRRL, assumption or manufactured home.
- First or subsequent useWhether you have used your VA loan entitlement before.
- Enter price and down paymentOr the loan balance for a refinance.
- Check exemptionTick it if you receive VA compensation or qualify otherwise.
Related military calculators
Every pay, retirement, VA, PT test, ASVAB and time tool in one place, filtered by who you are.
VA funding fee FAQ
For a purchase: 2.15% first use or 3.3% subsequent use with less than 5% down, 1.5% with 5% down and 1.25% with 10% down. Cash-out refinances are 2.15% or 3.3%, and an IRRRL is 0.5%.
Veterans receiving VA disability compensation (or eligible for it), service members with a pre-discharge rating, active-duty Purple Heart recipients and surviving spouses receiving DIC.
Yes. Most borrowers finance it, but you then pay interest on it over the life of the loan.
Put at least 5% down to drop to 1.5%, or 10% to drop to 1.25%, or get a VA disability rating, which removes the fee.
If you are later awarded compensation retroactive to before your closing date, you can ask the VA for a refund of the fee.
Congress set a higher rate for repeat use with under 5% down: 3.3% versus 2.15%. With 5% or more down, first and subsequent use cost the same.
They apply to loans closed from April 7, 2023 through June 8, 2034, after which lower rates take effect under current law.
People also search for:
Manzoor Ahmad
Calculator developer & web designer · 13+ years in web development and SEO
Last reviewed: October 30, 2026I am a pharmacist turned tech geek, and I design, code and test every calculator on DexoCalc myself. I have not served in the military, so this tool does not run on opinion: the rates are the VA’s published funding fee chart for loans closed from April 7, 2023, set by 38 U.S.C. 3729, and the exemptions follow the VA’s own list.
Spot a result that does not match an official source? Tell me and I will re-check it.
Sources
Disclaimer: DexoCalc is independent and not affiliated with the Department of Defense (Department of War), the Department of Veterans Affairs or any military branch. Results are educational estimates; official records and your chain of command decide.
Keep this tool one tap away
Add DexoCalc to your Google Preferred Sources or bookmark this page so it is there the next time you need it.