USDA Loan Payment Calculator
See a simple USDA payment sketch including the upfront guarantee fee and annual fee. Eligibility, income, and property location are not evaluated here.
USDA loan assumptions
Base loan amount ($)iUse your best current estimate; lender and account terms control. | |
|---|---|
Interest rate (%)iUse your best current estimate; lender and account terms control. | |
Term (years)iUse your best current estimate; lender and account terms control. | |
Upfront guarantee fee (%)iUse your best current estimate; lender and account terms control. | |
Annual fee (%)iUse your best current estimate; lender and account terms control. | |
| Finance upfront fee? |
How to use this calculator
- Enter the base loan, rate, and repayment term.
- Confirm the upfront and annual fee assumptions against your lender materials.
- Select financing for the upfront fee to see its payment effect.
Results explained
The headline combines modeled P&I and one month of annual fee. The annual fee is based on the base loan in this simple estimate, while financed upfront fee increases the amortizing principal.
Quick reference: USDA payment pieces
USDA guarantee fees are shown as distinct loan costs.
| Item | Detail |
|---|---|
| Upfront fee | Base loan × selected fee rate |
| Monthly annual fee | Base loan × annual fee rate ÷ 12 |
| P&I balance | Base loan plus financed upfront fee |
USDA property eligibility, household income limits, and lender underwriting are not modeled.
How it’s built
P&I is the standard amortizing payment on the base loan plus any financed upfront fee; the annual fee is divided into monthly amounts.
Example
Financing a 1% fee on a $280,000 USDA loan adds $2,800 to payment principal, while a 0.35% annual fee adds a separate monthly cost.
FAQ
Are these the current USDA fees?
Fees can change. Treat the defaults as a planning starting point and verify with a lender.
Does USDA require a down payment?
Many eligible loans allow zero down, but approval is not automatic.
Does the annual fee decline?
Actual fee calculations can change with the outstanding balance; this simple page uses the starting base loan.