VA Funding Fee Calculator
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. The money received from the VA Funding Fee is used to offset the few loans that go into default, and further reduces the cost to taxpayers, ensuring the VA Home Loan program continues for future generations.
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.
To calculate your estimated VA Funding Fee, use the calculator below or contact Veterans United Home Loans at 800-884-5560.
- Amount Financed
- Purchase Price (-) Down Payment (+) VA Funding Fee
- VA Funding Fee
- One time fee paid to the VA to fund the loan. Calculated by type of service, loan amount, amount down and subsequent VA Loan usage.
- Estimated Taxes & Insurance
- Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home's value but can change based on insurer. Your Loan Officer can help you determine property tax and insurance rates in your area.
Notice: All figures are estimates. Contact a VA Mortgage Specialist to determine your exact payment expectations.
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