USDA Loan Calculator
Estimate your USDA mortgage payment, including the guarantee fee, property taxes, and homeowners insurance, before you compare homes.
- 2026 figures, checked October 26, 2026
- 1 official source
- Private: runs in your browser
- How we check our work
Result
…
Verify before you act: review these results with a licensed loan officer, real estate attorney or HUD-approved housing counselor before making any decision based on them.
Suggestions for your numbers
Updated as you type, from your inputs only. General information, not personal advice; confirm any change with a qualified professional.
See it over time
Hover over or tap the chart to see the numbers for any point.
What is a USDA loan calculator?
A USDA loan calculator estimates the monthly cost of a home loan backed by the USDA. This USDA mortgage calculator combines principal and interest with estimated property taxes, homeowners insurance, and the USDA annual fee.
The USDA guaranteed loan program has a 1% upfront guarantee fee and a 0.35% annual fee, based on the figures used here. The upfront fee is financed into the loan in this estimate. The annual fee is paid monthly. Financing the upfront fee increases the loan balance and the amount on which you pay interest.
Why a USDA mortgage estimate matters
A home’s price does not show its full monthly cost. Taxes, insurance, and the USDA annual fee add to principal and interest. Seeing those costs together can help you decide whether to keep shopping, consider a lower-priced home, or ask a lender how a different down payment would affect your payment.
Use the estimate when comparing homes or checking whether a mortgage payment fits alongside your other bills. It can also help you prepare questions for a lender about program eligibility, the loan amount, and which costs are included in the lender’s final estimate. Check current program information with USDA Rural Development.
How to use this USDA loan calculator
- Enter the home price you are considering. Use the purchase price, not an estimate of the home’s value after improvements.
- Enter your planned down payment. A zero down payment is an available example, but use your own amount if you expect to put money down.
- Enter the interest rate you want to test. Ask a lender for a rate estimate based on your situation, and rerun the calculation if that estimate changes.
- Enter the property tax rate for the home’s location. If you do not know it, check with the local taxing authority or ask your real estate professional to help you find a current estimate.
- Enter the yearly homeowners insurance cost. Use a quote for the property when possible, since insurance costs can differ from home to home.
- Review the total payment and each cost line. Compare the result with your budget, and ask a lender to confirm the loan terms and fees before making a purchase decision.
USDA loan calculator example
Worked example
With a home price of $275,000, a $0 down payment, a 6.25% interest rate, a 1.1% property tax rate, and $1,800 in yearly insurance, the estimated USDA loan monthly payment is $2,192.45. The base loan is $275,000. The financed 1% upfront guarantee fee is $2,750, bringing the total loan to $277,750. The payment breakdown is $1,710.15 for principal and interest, $80.21 for the monthly annual fee, $252.08 for property tax, and $150.00 for insurance. Small differences between displayed line items and the displayed total can result from rounding.
How to read your USDA loan results
The base loan reflects the home price minus the down payment. The calculator adds the upfront guarantee fee to show the total loan when that fee is financed. Principal and interest are the loan repayment portion of the estimate.
The annual fee appears as a monthly cost, while property tax and insurance are shown as monthly amounts derived from the yearly cost or rate you entered. Together, these lines make up the displayed monthly total. Treat the result as an estimate: your lender’s final figures can reflect loan details and property costs that differ from your entries.
How to lower or refine your estimated USDA payment
- 01
Compare homes at different prices
Test a lower-priced home to see how the loan amount and payment change. This can help you set a search budget before you make an offer.
- 02
Check whether a larger down payment fits your plan
Enter a different down payment to compare the estimated loan balance and payment. Keep enough cash available for other purchase costs and household needs.
- 03
Get property-specific tax and insurance estimates
Replace rough figures with information tied to the property. Ask the local taxing authority about property taxes and a qualified insurance professional for a homeowners insurance quote.
- 04
Ask the lender to review the fee and loan details
Confirm whether the upfront guarantee fee will be financed and whether the annual fee and other costs match the current program terms. A lender can also explain how the loan structure affects your final payment.
Common USDA loan calculator mistakes
Treating the estimate as a lender’s final payment
The calculator uses the figures you enter. Confirm the rate, loan terms, fees, taxes, and insurance with your lender before relying on the amount.
Leaving out property costs
A payment estimate is not a complete household budget. If the calculator does not include costs such as homeowners association dues, utilities, maintenance, or closing costs, account for them separately.
Using an outdated tax or insurance figure
Property taxes and insurance depend on the home and location. Update the entries when you have more specific information.
Overlooking the financed upfront fee
When the upfront guarantee fee is added to the loan, the total borrowed is higher than the base loan. Review both amounts so you understand what the payment estimate includes.
The USDA loan formula
The 1% upfront guarantee fee is financed; the 0.35% annual fee is paid monthly.
Key terms
- Base loan
- The loan amount before adding a financed upfront guarantee fee.
- Upfront guarantee fee
- A USDA loan fee that this estimate finances into the total loan.
- Annual fee
- The recurring USDA fee shown as a monthly payment amount.
- Principal and interest
- The portion of the estimated payment that repays the loan balance and covers interest.
- Property tax rate
- The rate used with the home price to estimate property tax costs.
USDA loan questions
Who qualifies?
Buyers in eligible rural and suburban areas with household income within USDA limits.
Is the USDA upfront guarantee fee included in the payment estimate?
In this calculator’s method, the 1% upfront guarantee fee is financed into the loan. The resulting total loan amount is used to estimate principal and interest.
How is the USDA annual fee shown?
The 0.35% annual fee is paid monthly and appears as a separate monthly cost in the estimate.
Does the estimate include every cost of owning a home?
It includes the costs shown in the result: principal and interest, the USDA annual fee, property tax, and insurance. Budget separately for any other costs that apply to the home.
Why might my lender’s payment be different?
Your lender may use different loan details, fees, property tax information, or insurance costs. Ask the lender to explain the difference between the calculator estimate and the figures in the loan documents.
Sources
Before you act on this result. Cordwell calculators and guides are educational estimates, not legal, tax, investment, lending or other professional advice. They rely on the numbers you enter and on simplified rules, and they can't see your full situation. Before you file, sign, borrow, invest, hire, change your withholding or form a business based on anything here, meet with a licensed loan officer, real estate attorney or HUD-approved housing counselor who can review your specific facts and confirm the numbers. Rules change, and official agency guidance always controls.