USDA Mortgage Calculator

Estimate your USDA loan payment with the up-front and annual guarantee fees.

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USDA loans allow 0% down.
Taxes and Insurance
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Fractions and decimals both work.
Per Month
Base loan
Up-front guarantee fee (financed)
Total loan
Principal and interest
Monthly annual fee
Taxes and insurance
Base LTV
Annual Fee Lasts

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How USDA Loan Payments Work

USDA Rural Development guaranteed loans let eligible buyers in rural and many suburban areas buy with no down payment. Instead of mortgage insurance, borrowers pay two guarantee fees: a one-time up-front fee, usually added to the loan, and an annual fee paid monthly.

Up-front guarantee fee = 1% × base loan (usually financed)
Monthly annual fee ≈ loan × 0.35% ÷ 12

Worked Example

Tips

USDA fees are set each fiscal year; 1% up front and 0.35% a year have applied since fiscal year 2017, including 2026, but check with your lender. The annual fee is figured on each year's average scheduled balance, so it falls slowly; this page shows the first year. Eligibility depends on the property's location and household income limits (see the USDA eligibility site). The page doesn't check eligibility.