USDA Loan Calculator

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Property Tax rate: 0 Homeowner's Insurance rate: 0

Estimated tax rates for demonstration purposes only.

Your Monthly USDA Payment $ Open Today's Mortgage Rates Custom Quote
Principal & Interest
Monthly Escrow Escrow is a portion of your monthly payment that goes into an account with your mortgage holder that is used to pay your property taxes and annual homeowner's insurance.

USDA loans require escrow to be included in your mortgage payment.
USDA Mortgage Payment = USDA

USDA Loan Breakdown

Purchase Price
Minimum Down Payment 0%
USDA Base Loan Amount
USDA Guarantee
Income Guide
31% Housing Ratio:
43% Debt/Income Ratio:

*Annual income needed to achieve respective ratios based on the payment you've calculated. Be sure to include tax and insurance in your calculations for best results.

Rural home at sunset

USDA Loan Calculator

Compute an accurate USDA mortgage payment by accounting for the USDA guarantee fee, monthly USDA mortgage insurance, property taxes, and homeowner's insurance.

NOTE: If you or your spouse are eligible for veteran's benefits, VA loans also don't require a down payment and might be a better choice. Try our VA loan calculator to compare payments.

Also, if you've found your dream home but it falls outside a USDA eligible area or your income is above allowable USDA limits, although your payment may be higher, an FHA loan might save the day.

What is a USDA loan?

Remember no down payment, 100% financing? Most people think, VA loans being the exception, that buying a home without a down payment died along with stated income, stated asset loans when the housing market crashed. However, experienced lenders have been wielding USDA guaranteed loans as an alternative to conventional and FHA financing when the opportunity presents itself.

USDA loans are no down payment home loans guaranteed by the U.S. Department of Agriculture (USDA). For home buyers in eligible areas who meet the income requirements, a USDA loan is a wonderful option.

Am I Eligible for a USDA Loan?

The key to USDA is eligibility. And let's get right to it. You're not buying a home in downtown L.A. with a USDA loan, so if you are buying in a huge metro area, stop reading.

The home you buy must be in a USDA eligible area. Additionally, there are income caps that limit eligibility. You can find both USDA eligible areas and income limits on the USDA website.

Tips for using our USDA loan calculator