Tag Archives: zero down VA loan

New Fee Schedule for VA Loans in 2020

Below is the chart for VA loans closing between 2020 and 2028.

Most VA loans have a funding fee that is rolled into the loan.

Veterans who received a Purple Heart and veterans who were disabled during service pay no funding fee.

The percentages are based on the loan amount. For example, if you purchase a $300,000 home with zero down, and you are using your VA benefit for the first time, the funding fee is 2.3% of $300,000 = $6,900.

Therefore, your loan will be $306,900.

Here is the chart for the VA Funding Fee 2020:

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