VA Home Loan Closing Costs | VALoans.com

Has anyone else noticed that the VA funding fee offsets the benefits of a VA home loan for any home after the first?

A basic funding fee of 2.15 percent must be paid to VA by all but certain exempt veterans. A down payment of 5 percent or more will reduce the fee to 1.5 percent and a 10 percent down payment will reduce it to 1.25 percent.