USDA Rural Development Loan Calculator

USDA loans offer 100% financing for eligible rural and suburban homebuyers with low-to-moderate income.

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USDA Loan Details

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Additional Costs

Annual fee of 0.35% of loan balance

1% upfront fee (can be rolled into loan)

Compare Loan Terms

30 yearsCurrent
Monthly:$1,313.41
Total interest:$270,328

Loan Summary

Monthly Payment

$1,313.41

+ $392.40/mo additional costs

Total: $1705.81/mo

30 years at 6.75% APR

Loan Details

Home Price:$250,000
Down Payment (20%):-$50,000
Amount Financed:$202,500
Interest Rate:6.75% APR
Loan Term:30 years (360 months)

Total Cost

Total of 360 payments:$472,828.01
Total Interest Paid:$270,328.01
Down Payment:$50,000
Total Amount Paid:$522,828.01

First Year Payment Breakdown

MonthPrincipalInterestBalance
1$174.35$1,139.06$202,326
2$175.33$1,138.08$202,150
3$176.32$1,137.1$201,974
4$177.31$1,136.1$201,797
5$178.3$1,135.11$201,618
6$179.31$1,134.1$201,439
7$180.32$1,133.09$201,259
8$181.33$1,132.08$201,077
9$182.35$1,131.06$200,895
10$183.38$1,130.03$200,712
11$184.41$1,129$200,527
12$185.45$1,127.97$200,342

Early payments are mostly interest. Principal portion increases over time.

Principal vs Interest Over Time

Term Comparison

Loan Balance Over Time

💡 Tips

  • No down payment required
  • Lower mortgage insurance than FHA
  • Must meet income limits for your area
  • Property must be in USDA-eligible rural/suburban area
  • Can finance closing costs into loan

⚠️ Important Considerations

  • Income limits apply (typically 115% of median area income)
  • Property location restrictions
  • Cannot be used for investment properties
  • Funding fee required (1% upfront + 0.35% annual)

Frequently Asked Questions

Common questions about the USDA Rural Development Loan Calculator

USDA loans are available in rural and many suburban areas. About 97% of US land area is eligible. Check the USDA property eligibility map online.

⚠️ Important Disclaimer

This USDA Rural Development Loan Calculator provides estimates for educational and informational purposes only. Actual results may vary significantly based on individual circumstances, market conditions, regulatory changes, and other factors beyond the scope of this calculator.

The calculations and projections provided are based on assumptions and historical data that may not reflect future performance.Past performance does not guarantee future results.

This tool is not financial advice, tax advice, legal advice, or investment advice. For personalized guidance tailored to your specific situation, please consult with qualified professionals including:

  • Certified Financial Planner (CFP)
  • Certified Public Accountant (CPA) for tax matters
  • Licensed attorney for legal matters
  • Registered Investment Advisor (RIA) for investment decisions

Data Accuracy: All data sources, statistics, and rates were verified as accurate as of October 2025. Tax rates, market conditions, and other financial data change over time. Always verify current rates and consult official sources.

No Warranties: While we strive for accuracy, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of any information provided. Use this tool at your own risk.

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