How to Use This USDA Loan Calculator
Our free usda loan calculator gives you accurate estimates in seconds. Enter your numbers above and hit Calculate — results update instantly.
All calculations use current 2026 rates and formulas. Results are estimates to help you plan — always verify with a licensed professional for final numbers.
Frequently Asked Questions
What is a USDA loan?
A USDA loan is a government-backed mortgage for rural and suburban homebuyers. It offers 100% financing (no down payment), competitive interest rates, and lower mortgage insurance than FHA loans.
What are the USDA loan income limits?
USDA loan income limits vary by location and household size. Generally, household income must be at or below 115% of the area median income. Use the USDA eligibility map to check your area's specific limits.
What is the USDA guarantee fee?
The USDA charges a 1% upfront guarantee fee and a 0.35% annual fee. The upfront fee can be rolled into the loan. The annual fee is divided into monthly payments and added to your mortgage payment.
What areas qualify for USDA loans?
USDA loans are available in rural and some suburban areas. Many areas outside major cities qualify. Use the USDA Property Eligibility tool on the USDA website to check if a specific address qualifies.
How does a USDA loan compare to FHA?
USDA loans require no down payment vs 3.5% for FHA. USDA mortgage insurance (0.35% annual) is lower than FHA MIP (0.55% annual). However, USDA has income and location restrictions that FHA doesn't have.