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USDA Loan Calculator
Estimate your USDA payment including the upfront and annual guarantee fees.
Monthly payment
—
P&I + annual fee.
| Principal & interest | — |
|---|---|
| Monthly guarantee fee | — |
| Loan amount | — |
| Upfront fee | — |
Show our math
Enter your figures above to see the step-by-step working.
Educational estimate — not a loan offerEverything computed client-side — nothing leaves this page
How the USDA Loan Calculator Works
A USDA loan finances 100% of the price for eligible rural and suburban buyers — no down payment. It has two fees: an upfront guarantee fee of 1% of the loan, rolled into the balance, and an annual fee of 0.35% split into monthly payments. This calculator adds the upfront fee, amortizes for principal and interest, and adds the monthly guarantee fee. A $250,000 home at 6.5% is about $1,669 a month.
USDA fees are much lower than FHA mortgage insurance, which makes these loans inexpensive for those who qualify by location and income. The property must be in an eligible area and your income within local limits. Taxes and insurance are extra.
payment = amortized (price + 1% upfront fee) + monthly guarantee fee
Frequently Asked Questions
What fees does a USDA loan have?
An upfront guarantee fee of 1% of the loan (financed in) and an annual fee of 0.35% paid monthly. Both are lower than typical FHA insurance.
Do USDA loans require a down payment?
No — qualified buyers finance the full price. The trade-off is meeting the location and income eligibility rules.
Who qualifies for a USDA loan?
Buyers of a home in a USDA-eligible rural or suburban area whose household income is within the local limit, typically 115% of the area median.
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