VA Home Loans • Northeast Florida
VA Funding Fee Calculator
The VA funding fee is a one-time VA charge that most buyers finance into the loan instead of paying out of pocket. Veterans receiving VA disability compensation pay $0 — they are exempt from the fee entirely.
Calculate your VA funding fee
Enter your loan amount and your situation below. The calculator uses the VA purchase-loan funding-fee schedule published by VA.gov, effective April 7, 2023.
Your result
Fee percentage applied: 2.15%
Funding fee: $8,600
New loan amount with the fee financed: $408,600
You are exempt — your funding fee is $0.
Example check: $400,000, first use, 0–4.99% down, not exempt → 2.15% = $8,600, financed total $408,600.
The VA purchase-loan funding-fee schedule
| Down payment | First use | Subsequent use |
|---|---|---|
| Less than 5% | 2.15% | 3.30% |
| 5% or more | 1.50% | 1.50% |
| 10% or more | 1.25% | 1.25% |
Source: VA.gov — VA funding fee and closing costs. Chart effective April 7, 2023; page last updated October 5, 2026.
Who is exempt from the funding fee?
You will not have to pay the funding fee if any of these apply, according to VA.gov:
- You are receiving VA compensation for a service-connected disability.
- You are eligible for VA compensation but are receiving retirement or active-duty pay instead.
- You are a surviving spouse receiving Dependency and Indemnity Compensation (DIC).
- You are a service member with a proposed or memorandum rating, issued before closing, showing eligibility from a pre-discharge claim.
- You are an active-duty service member who received a Purple Heart, with evidence on or before closing.
If you are later awarded VA compensation retroactive to before your closing, you may be able to get a refund of the fee you paid.
Why does the funding fee exist?
The fee is a one-time payment that helps lower the cost of the VA loan program for U.S. taxpayers, since the program requires no down payment and no monthly mortgage insurance. It is calculated as a percentage of the loan amount — not the purchase price — and it can be financed into the loan or paid at closing. Financing it means no extra cash is needed at closing for the fee itself, but it does increase the loan balance.
Cash-out refinancing note
For a VA cash-out refinance, the funding fee is 2.15% for first use and 3.30% after first use, and it does not change based on down payment. This calculator covers purchase loans; ask Douglas to run cash-out numbers with you before you decide.
Keep going with your VA purchase
Need your COE first?
Your Certificate of Eligibility confirms your VA loan entitlement. Start there if you have not pulled yours yet.
Explore VA home loans
See how VA loans work for buyers in Northeast Florida, including zero-down purchases.
How this works
These figures are estimates for planning only, based on the VA.gov purchase-loan schedule above. Your actual funding fee depends on your VA loan history, down payment, exemption status and final loan amount, and is confirmed by your lender and the VA at underwriting. This page was revised November 2026.
Have Douglas Review My Numbers
Send Douglas your funding-fee result and he will check it against your entitlement, down payment and closing plan — personally, with no call center.
Have Douglas Review My Numbers
Or call (904) 517-4049
You work directly with Douglas — no call center, no hand-offs.
“If you’re a veteran looking to buy a home, I can’t recommend Douglas highly enough. As a fellow Marine veteran, he truly understands every aspect of the VA home loan process and knows how to navigate it from start to finish. His knowledge, professionalism, and commitment to serving veterans are second to none.What really sets Douglas apart is that he’s much more than just a mortgage loan officer. He works seamlessly with your real estate agent to make sure everyone is aligned and the entire process runs smoothly. You never feel like you’re just another transaction.The best part is that once you become part of Douglas’s ecosystem, you never really leave it. He continues to be a trusted resource long after closing, providing guidance, connections, and support whenever you need it. It’s not just a mortgage—it’s a lifelong relationship and an incredible asset to have in your corner.If you’re looking for someone who genuinely cares about your success and has the expertise to get the job done right, Douglas is the person to call. Semper Fi!” — Jason Haglund, July 31, 2026
Frequently asked questions
What is the VA funding fee?
It is a one-time charge on most VA-backed loans, set as a percentage of the loan amount. Most buyers finance it into the loan rather than paying it in cash at closing.
Who is exempt from the VA funding fee?
Veterans receiving VA compensation for a service-connected disability are exempt, as are eligible surviving spouses receiving DIC, veterans eligible for compensation who receive retirement or active-duty pay instead, service members with a qualifying pre-discharge rating, and active-duty Purple Heart recipients. See VA.gov for the full list.
Can I finance the funding fee into my loan?
Yes. Most buyers add the fee to the loan balance, which raises the loan amount but avoids extra cash due at closing for the fee itself.
Does the funding fee change if I have used my VA benefit before?
Yes, at lower down payments. With less than 5% down, the fee is 2.15% for first use and 3.30% for subsequent use. At 5% or more down, first and subsequent use are the same: 1.50% at 5–9.99% down and 1.25% at 10% or more down.
What is the funding fee for a VA cash-out refinance?
For cash-out refinancing, the fee is 2.15% for first use and 3.30% after first use, and it does not change based on down payment.
Can I get a refund of the funding fee?
Possibly. If you are later awarded VA compensation retroactive to before your closing date, you may be eligible for a refund. Contact the VA or Douglas to review your situation.
Equal Housing Opportunity. Mortgage services are provided by Douglas Wilkerson, Branch Manager and Mortgage Broker with Edge Home Finance Corporation. Loan programs, rates, eligibility, underwriting guidelines and availability are subject to change. All applications are subject to credit review, verification, property eligibility, applicable underwriting requirements and final approval. This website does not constitute a commitment to lend or a guarantee of financing.