Lower your monthly payment with a VA Streamline (IRRRL). Use the calculator below and start your application when you’re ready.
Today’s IRRRL Rate
Live rates unavailable. Check back soon.
Run a quick scenario to see your monthly savings and break-even timeline.
Quick estimate: ~0.6% of balance → $1800
Explore daily market indices from Optimal Blue OBMMI™. Data reflects actual locked rates and updates daily.
Rates data via Optimal Blue OBMMI™, updated daily.
Rates data via Optimal Blue OBMMI™. Represents a large portion of U.S. mortgage lock activity and updates daily. Displayed values are for informational purposes only and do not constitute a loan offer. Actual rates depend on credit profile, LTV, loan amount, and market conditions.
Last updated: November 5, 2025
What is a VA Streamline Refinance?
Also called IRRRL, it allows eligible VA borrowers to lower their rate with minimal documentation and often no appraisal.
How fast is IRRRL?
It’s typically faster than traditional refinances because documentation requirements are streamlined.
Is there a funding fee?
Yes, there is typically a reduced VA funding fee for IRRRL, which can be rolled into the loan.