Independent Review · Updated June 2026

2 Ton 16 SEER 96% AFUE 40,000 BTU Goodman Gas Furnace and Air Conditioner System - Horizontal

96% efficient gas furnace paired with 16 SEER cooling, Energy Star certified reliability

8.2
IndustrialRank Score
Efficiency
8.5
Reliability
7.8
Value
8.0
Installation
8.5
Warranty
8.0
2 Ton 16 SEER 96% AFUE 40,000 BTU Goodman Gas Furnace and Air Conditioner System - Horizontal
Current Price
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// Bottom Line
This Goodman combo system excels for homeowners upgrading from older equipment and seeking solid efficiency gains without premium pricing. The 96% AFUE and 16 SEER ratings deliver real energy savings, especially in mixed climates where both heating and cooling run regularly.

Review

The Goodman GMVC960403BN represents a solid mid-tier approach to whole-home comfort. This combination system pairs a 40,000 BTU gas furnace with a matching air conditioner unit, covering both heating and cooling in one integrated package. Goodman's reputation as a dependable, no-frills manufacturer makes this system attractive to contractors and homeowners seeking straightforward reliability without paying for premium brand cachet.

The efficiency numbers tell the real story. The furnace delivers 96% AFUE, meaning 96 cents of every energy dollar heats your home, while only 4 cents escapes through the flue. The cooling side earns 16 SEER certification and Energy Star approval, hitting current efficiency standards. Two-stage operation on both heating and cooling stages down capacity during mild weather, reducing noise to 71 dB and cutting runtime cycles that wear equipment faster.

Pros & Cons

Pros

  • 96% AFUE furnace efficiency reduces heating costs by 20-30% versus 80-85% legacy units
  • 16 SEER cooling achieves Energy Star certification and qualifies for many utility rebates
  • Two-stage burner and two-stage compressor modulate output, cutting short-cycling and wear
  • Variable-speed ECM blower motor adjusts airflow intelligently, improving comfort and reducing noise
  • Lifetime heat exchanger warranty covers the most expensive failure point
  • Scroll compressor delivers quiet operation at 71 dB, matching industry standards

Cons

  • Tonnage mismatch in specs: listed as 2 ton and 3 ton simultaneously, creating confusion on actual cooling capacity
  • 24,000 BTU cooling capacity falls short of true 2-ton output, may undersize some homes
  • Requires licensed technician installation in most jurisdictions, no DIY option

Who Should Buy

Best For

Homeowners in moderate climates who run both heating and cooling seasonally and want to recover installation costs through energy savings within 5-7 years. Contractors seeking reliable, rebate-eligible equipment for mid-range residential jobs.

Consider Alternatives If

Those needing true 2-ton cooling for large homes or hot climates should verify actual capacity with dealers, and budget-conscious buyers should compare total installed cost including labor and ductwork modifications.

2 Ton 16 SEER 96% AFUE 40,000 BTU Goodman Gas Furn
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Installation

This is a licensed-only installation in most jurisdictions. The unit requires proper gas line connections, flue venting through plastic PVC pipe, and electrical integration to a 115V, 60Hz circuit with 15.7 to 20-amp breaker protection. Total dimensions of 34.5 inches tall, 17.5 inches wide, and 28.75 inches deep fit standard basement or attic spaces. Expect professional installation to take 8-10 hours including ductwork evaluation.

Warranty & Reliability

Goodman backs the heat exchanger with a lifetime warranty, protecting against the system's costliest potential failure. All other parts carry 10-year coverage after online registration. This warranty structure reflects confidence in the heat exchanger design while acknowledging that compressors and motors typically need replacement on different schedules.

Specifications

SKUGMVC960403BN
Brand/ManufacturerGoodman
Cooling BTU24,000
Heating BTU40,000
RefrigerantR410A
Electrical115 V. 1 Phase 60 Hz
WarrantyLifetime Heat Exchanger and 10 Years Parts with Online Registration
Decibel Level (dBA)71
Weight (in lbs)114.000000
FeatureSpec
Energy StarYes
SEER1 (Efficiency)16
Condenser StagesTwo Stage
Compressor TypeScroll
Liquid Valve Size3/8"
Suction Valve Size3/4"
Max Breaker Size20 amps
Min. Breaker Size15.7 amps
Tonnage3 Ton
Valve TypeSweat
Height34.5"
Width17.5"
Depth28.75"
ResourcesGoodman Brochure Goodman Install Instructions Goodman Parts Manual Goodman Service Manual Goodman Specifications Goodman Technical Information Goodman User Information Goodman Warranty You will need Adobe® Acrobat® Reader to view PDF documents.
Safety InformationThis gas appliance requires a trained technician to install. Improperly connecting gas lines or improperly connecting a gas flue or venting may result in death. By purchasing this item, you are agreeing that you are using a trained technician to install this gas appliance. We will not be responsible for any injury or property damage arising from improper service or service procedures. Whoever installs or services this unit assumes responsibility for any personal injury or property damage which may result. Many jurisdictions require a license to install this equipment. PROPOSITION 65 WARNING This product and many products on our site may contain a chemical know to the state of California to cause cancer or birth defects or other reproductive harm. For more information about Proposition 65 please Click Here.
ConfigurationUpflow/Horizontal
Liquid Line3/8"
Suction Line7/8"
StyleA-Coil
AHRI Certificate Number7368841
Airflow DirectionUpflow/Horizontal
Exhaust Flue RequirementPlastic / PVC
Product FeaturesRebate Available
Furnace Efficiency / AFUE96%
Blower MotorVariable Speed - ECM
Maximum CFM1200

Frequently Asked Questions

Why does the spec sheet list both 2-ton and 3-ton tonnage? +
This appears to be a documentation error. The 24,000 BTU cooling output confirms 2-ton capacity. Contact Goodman directly or your dealer to clarify before purchase. Tonnage directly determines whether this system handles your home's cooling load.
Can I install this myself to save money? +
No. Gas appliance installation requires licensed technicians in virtually all jurisdictions. Improper gas, flue, or electrical connections create fire and carbon monoxide risks. Goodman's warranty terms require professional installation, and your homeowner's insurance may deny claims from unlicensed work.
How much will my heating and cooling bills drop? +
Upgrading from an 80% AFUE furnace saves roughly 20% on heating costs. The 16 SEER cooling saves 25-35% compared to 13 SEER units. Total savings depend on climate, usage patterns, and local utility rates, typically recovering installation costs in 5-7 years.
How does this compare to higher-end Goodman or competing brands? +
Premium models add variable refrigerant flow, higher SEER ratings up to 21, and enhanced noise reduction. This unit covers most homes efficiently at a lower price point. Lennox and Carrier equivalents cost more but offer marginally better efficiency, rarely justifying the premium for this tonnage class.
Will I qualify for rebates with this system? +
Energy Star certification makes this eligible for many utility rebates, typically $500-$1,500 depending on your location. Check your local utility and state energy office websites for current incentive programs before purchasing.

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