acalculator

What will my USDA loan payment be?

Enter the home price, down payment and rate. The calculator adds the USDA upfront guarantee fee and the annual fee, and shows every payment for 30 years.

Your numbers

An example rate, not today’s rate. Use the rate your lender quotes.
Upfront guarantee fee
Taxes and insurance
Monthly payment
$1,982.27

A USDA loan of $252,525.25 at 6.25% costs $1,982.27 a month, with $73.26 of annual fee.

Principal and interest
$1,554.84
Annual fee a month
$73.26
Property tax
$229.17
Home insurance
$125.00
Upfront guarantee fee
$2,525.25
Total loan amount
$252,525.25
Total annual fees
$17,204.19
Total interest
$307,217.65
Months
360

Uses USDA guarantee fees for fiscal year 2026

Monthly payment: $1,982.27. A USDA loan of $252,525.25 at 6.25% costs $1,982.27 a month, with $73.26 of annual fee.

What makes up the monthly payment?

Where does each year of payments go?

What does every payment look like?

The results are estimates for information only. They are not financial, tax, or legal advice. Check the numbers with your lender or a qualified professional before you decide. Terms of use

How to calculate

Computes the monthly payment on a 30-year USDA guaranteed home loan with the 1% upfront guarantee fee and the 0.35% annual fee, plus property tax and insurance, with the full schedule.

Example with the default inputs (Home price $250,000.00, Down payment $0.00, Interest rate 6.25%, Upfront guarantee fee Add to the loan, Property tax (per year) 1.1%, Home insurance $1,500.00): A USDA loan of $252,525.25 at 6.25% costs $1,982.27 a month, with $73.26 of annual fee.

Method: Total loan = (price − down) ÷ 0.99 when the 1% fee is financed; payment = L × r ÷ (1 − (1 + r)^−360); annual fee each loan year = 0.35% × the average of its 12 scheduled balances, paid in 12 parts; tax and insurance are added.

  • USDA fees for fiscal year 2026: 1% upfront, 0.35% a year (unchanged since fiscal year 2017).
  • A 30-year fixed-rate guaranteed loan; interest is charged monthly at the rate ÷ 12.
  • County income limits and property eligibility are not checked: see the USDA eligibility site.
  • Tax and insurance stay the same; closing costs are not included; nothing is rounded between months.

Machine-readable copies: Markdown, JSON.

Worked examples

Each example is checked against the calculator on every build.

  1. Home price $100,000.00, Down payment $0.00, Interest rate 6%, Upfront guarantee fee Add to the loan gives Total loan amount $101,010.10, Upfront guarantee fee $1,010.10.Source: USDA Handbook HB-1-3555 chapter 16 example (https://www.rd.usda.gov/sites/default/files/3555-1chapter16.pdf): $100,000 ÷ 0.99 = $101,010.10 total loan
  2. Home price $100,000.00, Down payment $0.00, Interest rate 6%, Upfront guarantee fee Pay in cash gives Total loan amount $100,000.00, Upfront guarantee fee $1,000.00.Source: USDA Handbook HB-1-3555 chapter 16 example: $100,000 × 1% = $1,000.00 upfront fee paid at closing
  3. Home price $250,000.00, Down payment $0.00, Interest rate 0%, Upfront guarantee fee Pay in cash, Property tax (per year) 0%, Home insurance $0.00 gives Upfront guarantee fee $2,500.00, Principal and interest $694.44, Annual fee a month $71.80, Monthly payment $766.25.Source: USDA FY 2026 fees (https://content.govdelivery.com/accounts/USDARD/bulletins/3f192a6): at 0% the balance falls $694.44 a month
  4. Home price $300,000.00, Down payment $10,000.00, Interest rate 6.5%, Upfront guarantee fee Add to the loan, Property tax (per year) 0%, Home insurance $0.00 gives Total loan amount $292,929.29, Upfront guarantee fee $2,929.29, Principal and interest $1,851.51, Annual fee a month $85.01.Source: USDA Handbook HB-1-3555 chapter 16 (financed fee: base ÷ 0.99) and FY 2026 fees

How it works

Base loan = price − down payment. A down payment of the whole price or more gives no answer.

Total loan and upfront fee. The upfront guarantee fee is 1% of the total loan.

  • Fee added to the loan: total loan L = base ÷ 0.99, rounded to the cent (half up); fee = 1% × L, rounded to the cent.
  • Fee paid in cash: L = base; fee = 1% × base, rounded to the cent (half up).

Principal and interest. With r = rate ÷ 1200 and 360 months, payment P = L × r ÷ (1 − (1 + r)^−360) (P = L ÷ 360 at 0%). Each month interest = balance × r and principal = P − interest; the last payment clears the balance. Nothing is rounded between months.

Annual fee. The scheduled balance after k payments is B(k) = L × (1 + r)^k − P × ((1 + r)^k − 1) ÷ r. For loan year y (y = 1 to 30), the annual fee = 0.35% × the average of B(12(y − 1)) to B(12y − 1), the 12 balances before each payment of that year. It is paid in 12 equal monthly parts.

Monthly payment (the headline) = P + the first year’s monthly annual fee + property tax (rate × price ÷ 12) + home insurance ÷ 12.

Assumptions

  • USDA fees for fiscal year 2026 (October 1, 2025, to September 30, 2026): 1% upfront and 0.35% annual. No fiscal year 2027 notice was found on October 1, 2026; the page keeps these rates and says so.
  • A 30-year fixed-rate loan with the first payment one month after closing.
  • Household income limits, property eligibility and loan limits are not checked.
  • Tax and insurance stay the same; closing costs are not included.

Worked examples by hand

$100,000, fee added to the loan (HB-1-3555 example). L = $100,000 ÷ 0.99 = $101,010.10; fee = $1,010.10.

$100,000, fee paid in cash (HB-1-3555 example). L = $100,000; fee = $1,000.00.

$250,000 at 0%, fee paid in cash. P = $250,000 ÷ 360 = $694.44. The first year’s balances are $250,000 − $694.44 × k for k = 0 to 11; their average is $250,000 − $694.44 × 5.5 = $246,180.56. Annual fee = 0.35% × $246,180.56 = $861.63, or $71.80 a month. Monthly payment = $694.44 + $71.80 = $766.25.

$300,000 with $10,000 down at 6.5%, fee added. L = $290,000 ÷ 0.99 = $292,929.29; fee $2,929.29. P = $1,851.51. First-year annual fee a month = $85.01.

Other questions people ask

What fees does a USDA loan have?

A USDA guaranteed loan has an upfront guarantee fee of 1% of the loan and an annual fee of 0.35% of the average scheduled balance, paid monthly. These rates have applied since fiscal year 2017 and were confirmed for fiscal year 2026.

Can I add the guarantee fee to the loan?

Yes. The loan can be more than the appraised value by the financed fee. Because the fee is 1% of the total loan, the total is the base loan ÷ 0.99: a $100,000 base gives a $101,010.10 loan and a $1,010.10 fee.

How is the USDA annual fee worked out?

For each loan year, 0.35% of the average of that year’s 12 scheduled balances, split into 12 monthly payments. On a $250,000 loan at 0% the first year’s fee is $861.63, or $71.80 a month. It falls each year as the balance falls.

Does this check if I qualify?

No. USDA loans have household income limits by county and need a home in an eligible rural area. Check both on the USDA eligibility site (eligibility.sc.egov.usda.gov).