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USDA Loan Calculator

USDA loans offer no required down payment for eligible buyers in eligible areas, with a guarantee fee and an annual fee in place of conventional mortgage insurance. See the payment with them included.
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  • Your inputs stay in your browser

Where is the home?

Enter a ZIP code to use that area's property tax rate and loan limit.

Loan type
$50k$1M$2M

Loan term

Starts at the Freddie Mac weekly national average as of October 1, 2026: 7.28% (30-year), 6.60% (15-year). Your rate depends on your credit, loan and lender, so enter your quoted rate. Rate history

Taxes, insurance and HOA

Placeholder: 1% of price per year. Enter a ZIP for the local rate.

Placeholder estimate. Get a quote for your home.

Enter 0 if none.

Pay off sooner (optional extra payments)

Try an example

Illustrative scenarios to see how price and down payment change the payment. Tap one to load it.

Estimated monthly payment

$0/month

0%is principal
& interest
  • Principal & interest$0
  • Property tax$0
  • Home insurance$0
  • HOA dues$0
  • Mortgage insurance (PMI)$0
Total interest over the loan
$0
Paid off

Compare loan terms

Monthly payment and total interest for 15, 20 and 30 year terms at the same rate
TermMonthlyTotal interest

Same price, down payment and rate. Real rates are usually lower for shorter terms.

Loan balance over time

Year 0
First five years of the loan
YearPrincipalInterestBalance

Amortization schedule

YearPrincipal paidInterest paidBalanceTotal principal paid
Annual totals. Download the month-by-month schedule as CSV.

Monthly payment

$0 /mo

See breakdown

How USDA loan costs work

The USDA Single Family Housing Guaranteed Loan Program charges an upfront guarantee fee of 1.00% of the loan, which can be financed, and an annual fee of 0.35% of the loan balance, paid monthly for the life of the loan. The calculator uses these long-standing rates; confirm current figures with a USDA-approved lender.

Eligibility depends on both the property and your household. The home must be in an eligible area, which includes many rural and some suburban places, and household income generally cannot exceed 115% of the area median. The calculator does not check eligibility.

Who USDA loans suit

Buyers with moderate incomes who want a home in an eligible area and do not have a large down payment. The loan is for a primary residence. Compare it with FHA and conventional options, because the lower annual fee can make USDA cheaper than FHA for borrowers who qualify.

  • No required down payment.
  • Income limits apply and vary by area and household size.
  • The property must be in an eligible area, which you can check on the USDA website.
  • Debt-to-income guidelines are typically around 29% for housing and 41% in total.

Frequently asked questions

Is a USDA loan only for farms?

No. It covers single-family homes in eligible areas, which include many small towns and some suburbs, not just farmland.

How do I check whether an address is eligible?

The USDA publishes an eligibility map for its guaranteed program, and USDA-approved lenders can also check for you.

Can I pay the guarantee fee in cash?

The upfront fee is commonly financed, but you can usually pay it at closing instead, which lowers your loan amount.

Related calculators

FHA loanEstimate an FHA loan payment with the 1.75% upfront premium, the annual mortgage insurance premium, taxes and insurance. See what 3.5% down means for your payment.VA loanEstimate a VA loan payment including the funding fee, taxes and insurance. See the effect of first use, repeat use, and down payment, with no monthly mortgage insurance.Mortgage calculatorFull monthly payment with taxes, insurance, PMI and loan types.

Estimates for education and planning only. TotalMonthly is not a lender or advisor; confirm figures with a licensed professional. See the methodology and disclaimer.