Independent Review · Updated June 2026

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

Efficient two-stage Goodman system balances budget and performance for homeowners

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 works best for homeowners seeking solid efficiency without premium pricing, particularly those upgrading from older single-stage equipment. The 96% AFUE furnace and 16 SEER air conditioner provide real energy savings, though the system requires professional installation and careful ductwork planning.

Review

The Goodman GMVC960403BN pairs a 96% AFUE gas furnace with a 16 SEER air conditioner in a complete system designed for upflow installations. Goodman occupies middle market territory, offering legitimate efficiency upgrades without the premium pricing of Bryant or Carrier equipment. This unit delivers 40,000 BTU heating capacity and 24,000 BTU cooling output, making it suitable for homes in 2,000 to 2,500 square feet depending on climate and insulation.

Performance-wise, the furnace's two-stage burner and variable-speed ECM blower maximize efficiency by running at reduced capacity during mild weather. The air conditioner uses a scroll compressor with two-stage cooling and R410A refrigerant, delivering solid seasonal performance. At 71 dB, it's quieter than many older units but may be audible during peak operation. The system requires 115V single-phase power with a 15.7 to 20-amp breaker, fitting standard residential electrical infrastructure.

Pros & Cons

Pros

  • 96% AFUE furnace efficiency meets or exceeds most modern building codes and qualifies for rebates in many regions
  • Two-stage compressor and burner modulation reduce energy waste during mild weather, lowering utility bills throughout the year
  • 16 SEER cooling efficiency qualifies for ENERGY STAR certification and potential utility incentives
  • Variable-speed ECM blower motor maximizes comfort by adjusting airflow to actual heating and cooling demand
  • Lifetime heat exchanger warranty provides peace of mind on the most expensive component to replace

Cons

  • Actual tonnage specification lists 3 tons despite marketing as 2 ton system, creating potential oversizing issues in smaller homes
  • 71 dB noise level at full capacity may be noticeable in quiet rooms or bedrooms near the furnace
  • Requires licensed technician installation in most jurisdictions, adding $800 to $2,000 to project cost

Who Should Buy

Best For

Homeowners in moderate climates upgrading from 10-year-old equipment and willing to invest in professional installation should consider this system. It's ideal for those seeking reliable performance with meaningful energy savings rather than premium features.

Consider Alternatives If

Budget-conscious buyers needing the absolute lowest upfront cost or homeowners in very small spaces where 3-ton capacity would cause short cycling should explore smaller-tonnage alternatives.

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

Installation requires a licensed HVAC technician in most jurisdictions, making this a professional-only project. The furnace accepts PVC exhaust flue, simplifying venting in many homes. Technicians must verify proper gas line sizing, refrigerant charge, and airflow balance across the ductwork. Budget 8 to 12 hours for complete installation, including ductwork inspection and system commissioning.

Warranty & Reliability

Goodman provides lifetime coverage on the heat exchanger and 10 years of parts warranty with online registration. This is competitive in the mid-tier market and protects against catastrophic furnace failures. Labor warranty typically requires separate extended service contracts purchased at installation 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 the spec sheet list 3 tons when this is marketed as a 2 ton system? +
This appears to be a specification inconsistency. The 24,000 BTU cooling capacity equals 2 tons of cooling, while the furnace delivers 40,000 BTU heating. Verify tonnage with your dealer before purchase to ensure proper sizing for your home's actual square footage and climate zone.
Can I install this myself or do I need a contractor? +
Professional installation is required. Gas furnace connections demand licensed technicians to prevent dangerous leaks. Most jurisdictions legally require licensing for this work. Improper installation voids warranties and creates safety hazards, so contractor installation costs are non-negotiable.
How much will this reduce my heating and cooling bills compared to older equipment? +
A 96% AFUE furnace versus a 78% unit cuts heating costs by roughly 18 percent. The 16 SEER air conditioner versus a 10 SEER model saves approximately 37 percent on cooling. Combined savings depend on your climate, with heating-dominant regions seeing larger returns on investment.
Is this better than Lennox or American Standard at the same price point? +
Goodman, Lennox, and American Standard offer comparable efficiency and reliability at this tier. Lennox typically costs more upfront but includes longer parts warranty. American Standard falls between Goodman and Lennox in pricing. Choose based on local contractor expertise and service availability rather than brand alone.
What does the lifetime heat exchanger warranty actually cover? +
It covers defects in the heat exchanger itself for as long as you own the system. It typically excludes installation errors and does not cover labor costs. Registration within 30 days of installation is required to activate this coverage.

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