USDA Loan Calculator

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Purchase and USDA loan details

Purchase
$
$
%
30 years fixed
Housing and closing costs
$
$
$
$

First-year monthly payment: $3,155.33

Base USDA loan
$400,000
Financed loan
$404,000
Upfront guarantee fee
$4,000.00
Estimated cash to close
$10,000

USDA fee check

1.00% upfront fee and 0.35% annual fee using current cited USDA guaranteed-loan guidance.

Down payment
0.00%
Upfront fee
$4,000.00
Fee treatment
Financed
First-year annual fee
$1,414.00
Principal and interest
$2,487.50
USDA annual fee
$117.83
Property tax
$400.00
Home insurance
$150.00
HOA
$0.00
Total estimated interest
$491,497.41
Total estimated annual fees
$27,414.91
Total entered housing payments
$1,120,912.32

Important notes

  • This is an educational USDA guaranteed-loan estimate, not an eligibility decision, property determination, appraisal, approval, or lender quote.
  • USDA Section 502 guaranteed purchase loans use a 30-year fixed term. Interest rates are negotiated with approved lenders.
  • The 0.35% annual fee is estimated from the original amortization schedule and normally changes each year as the scheduled balance declines.
  • Property taxes, insurance, HOA dues, closing costs, interest rates, and escrow payments can change; this estimate holds entered costs constant.

First-year monthly payment

$3,155.33 across the entered mortgage and housing costs

First-year monthly details
Principal & interest$2,487.5079%
USDA annual fee$117.834%
Property tax$400.0013%
Home insurance$150.005%

Balance and USDA fees over time

Year-end financed balance and cumulative estimated annual fees

Selected annual milestones
YearEnding balanceCumulative annual fees
1$399,266$1,414
5$377,082$6,852
10$340,320$13,140
15$290,113$18,672
20$221,543$23,170
25$127,895$26,256
30$0$27,415

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