VA Funding Fees & Costs

VA Funding Fees

The VA Funding Fee is a one-time fee paid directly to the Department of Veterans Affairs (VA) for every VA purchase or refinance loan. It is calculated by type of service, loan amount, amount down and subsequent VA Loan usage.

Borrowers have the option to pay the fee upfront, or can include the fee into their monthly mortgage payment.

Borrowers with service-connected disabilities can secure an exemption from the VA Funding Fee; however, keep in mind that the VA will make the final decision when declaring a borrower exempt.

Notice: All figures are estimates and may be subject to change. Limitations, restrictions and exceptions apply. Contact one of our Loan Officers to determine your exact payment expectations.

VA Funding Fee Table

Down Payment
Veteran Active Duty
Reservist/National Guard
Less than 5%
2.15%
2.40%
5% to 9.99% 1.50% 1.75%
10% or more 1.25% 1.50%

The Total Cost of Home Ownership

Maybe you've seen what a principal and interest payment would be for homes in your price range, but do you wonder what your full monthly payment might be? We have a fun widget to help you estimate. Just click on the link below.

What people are saying


"Rick took the time, over a year in advance, to work with me on improving my credit score to make me eligible for a VA home loan. He is the ultimate professional and has a sincere passion for working with Veterans. If you are in the process of navigating through the mortgage process this is the man you need to talk with."

— David B.

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