Independent Review · Updated June 2026

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

High-efficiency two-stage system delivers 16 SEER cooling and 96% AFUE heating

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 - Upflow
Current Price
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// Bottom Line
This Goodman system excels for homeowners seeking balanced heating and cooling efficiency without premium pricing. It's ideal for moderate climates where both seasons demand reliable performance, and the Energy Star certification justifies the investment through lower utility bills.

Review

The Goodman GMVC960403BN represents a competent mid-range solution in the residential HVAC market, combining a gas furnace and air conditioning unit in a single upflow package. At 96% AFUE and 16 SEER, this system sits comfortably above baseline efficiency standards while remaining accessible to cost-conscious homeowners and contractors. The two-stage design on both heating and cooling sides demonstrates Goodman's commitment to modulation, allowing the equipment to operate more efficiently during partial-load conditions common in spring and fall.

Performance specs tell a straightforward story. The furnace delivers 40,000 BTU of heating output with two-stage burners that reduce on/off cycling waste. Cooling capacity reaches 24,000 BTU on the compressor side, though the unit carries a 3-ton tonnage rating. The variable-speed ECM blower motor adjusts from 0 to 1200 CFM, matching airflow to actual demand rather than running at full bore constantly. This scroll compressor operates on R410A refrigerant with a maximum 71 dB sound level, typical for two-stage systems of this class.

Pros & Cons

Pros

  • 96% AFUE furnace rating puts it in the high-efficiency category for gas heating, reducing fuel waste
  • 16 SEER cooling efficiency meets modern standards without requiring premium-tier equipment
  • Two-stage compressor and burner allow modulated operation, running at partial capacity during mild weather
  • Variable-speed ECM blower motor adjusts airflow from 0-1200 CFM, improving comfort and efficiency
  • Energy Star certified, qualifying many homeowners for utility rebates that offset installation costs

Cons

  • 3-ton cooling capacity exceeds the stated 2-ton rating, creating potential oversizing issues if matched incorrectly
  • 71 dB noise level is moderate but noticeable during compressor operation in quiet spaces
  • Requires licensed technician installation in many jurisdictions, adding labor costs that aren't included in the listed price

Who Should Buy

Best For

Homeowners in mixed climates who run both heating and cooling seasonally and want solid efficiency gains without ultra-premium pricing. Contractors seeking reliable workhorse equipment for residential replacements where customers prioritize value and proven reliability over cutting-edge features.

Consider Alternatives If

Anyone needing true 2-ton cooling capacity should clarify the 3-ton tonnage discrepancy before purchasing. Buyers in consistently hot climates who could maximize savings with higher SEER ratings should explore 18+ SEER options instead.

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

Professional installation is mandatory for this gas furnace system. Improper gas line connections, flue venting, or refrigerant charging create serious safety and performance risks. The unit requires 115V single-phase 60 Hz power with a 15.7 to 20 amp breaker. Upflow configuration suits attic or basement mounting in most homes. Licensed technicians typically handle full commissioning within a single day, though permit requirements vary by jurisdiction.

Warranty & Reliability

Goodman provides a lifetime heat exchanger warranty on the furnace and 10 years parts coverage when you register the unit online. The heat exchanger warranty is generous for gas equipment, reflecting confidence in construction quality. The 10-year parts coverage is competitive but requires prompt registration, so verify warranty terms at activation time.

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 Line3/4"
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 a 2-ton system list 3-ton tonnage in the specs? +
This appears to be a specification discrepancy worth clarifying with your supplier. The cooling BTU rating of 24,000 aligns with 2-ton capacity, but the tonnage field shows 3-ton. Request the AHRI certificate (7368841) to confirm matched unit performance and avoid oversizing issues.
Can a homeowner install this furnace and air conditioner? +
No. Gas furnace installation requires trained technicians in most jurisdictions due to safety risks with venting and combustion. Refrigerant handling and electrical work also demand EPA certification and proper licensing. Budget for professional labor in addition to equipment cost.
How does 16 SEER compare to other Goodman units? +
16 SEER is above Goodman's baseline offerings but below their premium lines that reach 18-21 SEER. For moderate climates, 16 SEER balances reasonable cooling efficiency with affordability. Hot climates justify spending more on higher SEER ratings.
Will this system qualify for utility rebates? +
Yes, Energy Star certification opens doors to many utility company rebates, sometimes $300-800 depending on your location. Check your local utility's website or ask your installer about available incentives before finalizing purchase.
What does the lifetime heat exchanger warranty actually cover? +
It covers defects in the furnace heat exchanger for as long as you own the home. This doesn't include damage from neglect, corrosion from poor maintenance, or related parts. Online registration is required to activate coverage.

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