VA Loans Guide 2026

0% down financing for eligible veterans and service members — compare VA loan rates, funding fees, and top lenders for 2026.

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VA Loan Rates and Funding Fees in 2026

The average 30-year VA loan rate is 6.86% (6.92% APR) as of September 2026, among the lowest available rates of any loan type since VA loans carry a government guarantee that reduces lender risk. VA loans require no down payment and no monthly mortgage insurance, but most borrowers pay a one-time funding fee instead.

Down Payment	First-Time Use Fee	Subsequent Use Fee
0% down	2.15%	3.3%
5%+ down	1.5%	1.5%
10%+ down	1.25%	1.25%

Who's Exempt From the Funding Fee

Veterans receiving compensation for a service-connected disability.
Veterans who would qualify for disability compensation if not receiving retirement pay.
Purple Heart recipients.
Eligible surviving spouses of veterans.