Instantly calculate your VA funding fee based on your service type, down payment, and loan details. See exemptions for disabled veterans.
The VA funding fee is a one-time payment that helps offset the cost of the VA loan program for taxpayers. It's typically financed into your loan amount, so you don't pay it upfront.
The fee varies based on your loan type, down payment amount, military category, and whether it's your first time using your VA benefit.
Veterans and service members with the following conditions are exempt from paying the VA funding fee:
Most veterans choose to finance the funding fee into their loan amount. This means you don't need cash at closing, but you'll pay interest on it over the life of your loan.
Yes, if you're later awarded VA disability compensation with an effective date before your loan closed, you may be eligible for a funding fee refund. Contact the VA for the refund process.
No, the funding fee can be financed above your VA loan entitlement limit. For example, if the VA limit is $726,200 and your funding fee is $15,000, you can finance up to $741,200 total.
No, as of 2020, National Guard and Reserve members pay the same funding fee rates as regular military. Previous higher rates were eliminated.
The seller can pay your funding fee as part of seller concessions (up to 4% of the home price). This is negotiated during the purchase agreement.
Our Nevada VA loan specialists will help you understand your costs and maximize your benefits
No down payment required, even with the funding fee financed into your loan
VA loans never require private mortgage insurance, saving you hundreds monthly
VA loans typically offer lower interest rates than conventional mortgages
Get personalized guidance on your funding fee, loan options, and how to maximize your VA benefits in Nevada