What Would You Like To Calculate?
How To Use This USDA Loan Calculator
Step 1
Tell Us About Your Budget
Add your income, monthly bills, rate, taxes, insurance, and HOA. We’ll do the math.
Step 2
Check Your USDA Eligibility
See if your household income and the home’s location may fit USDA rules.
Step 3
See Your Home Price Range
See the home-price range your budget may support and what the payment could look like.
Step 4
Review Your USDA Loan Estimate
Review your loan amount, payment, cash needed, and USDA fees in one clear estimate.
Fill In The Yellow Fields. Everything Else Is Calculated.
Tell Us About Your Budget
Add your income, monthly bills, rate, taxes, insurance, and HOA. We’ll do the math.
Your Numbers
What you earn each month before anything is taken out.
Car, student loan, and card payments. Use the minimum due, not the balance.
A sample USDA rate. Your real rate comes from a lender.
USDA lets you put 0% down. Leave it at 0 unless you plan to pay some down.
USDA home loans are 30 years with a fixed rate.
A yearly rate on the home's price. 0.70% is a fair guess.
What it costs each month to insure the home.
Leave at $0 if the home has no HOA.
Collected at closing to start your escrow account. 3 months is typical.
Closing costs are figured for you on a sliding scale: 3.00% up to $250,000, down to 2.35% above $550,000. The full list is under "Assumptions Used" below.
Check Your USDA Eligibility
See if your household income and the home’s location may fit USDA rules.
Income Eligibility
Start with the ZIP code of the home you want, then add up the income of every adult who will live there.
* General guidelines and subject to change.
We use the national limit until you add one.
Count everyone, including kids.
USDA looks at income from the household, not only the people applying for the loan. Add up the pay of every adult who lives in the home. If you leave this blank, we use $102,000/yr from the monthly income you entered above, which only covers you.
USDA does not set a loan limit by county. You can finance 100% of the appraised value plus the 1% upfront fee. What you can borrow is limited by the income cap and by what you can repay.
Property Eligibility
USDA only works on homes in areas it has approved. Lots of small towns and outer suburbs count. Type the address and we will open USDA's official map.
The home you want to buy.
We open USDA's site with your address already filled in and searched, so you do not have to type it again. We also copy it for you as a backup. This ZIP is the same one used for the income check.
See Your Home Price Range
See the home-price range your budget may support and what the payment could look like.
Your Estimated USDA Purchase Price Range
Your final approval can be higher or lower after a full loan review.
Review Your USDA Loan Estimate
Review your loan amount, payment, cash needed, and USDA fees in one clear estimate.
- Base Loan Amount
- $277,974
- USDA Upfront Fee Added To Loan
- $2,780
- Loan payment (principal & interest)
- $1,821/mo
- Property tax
- $162/mo
- Home insurance
- $120/mo
- HOA dues
- $0/mo
- Down payment (0%)
- $0
- Taxes & insurance at closing (3 mo)
- $2,286
- Year one of home insurance
- $1,440
- Base Loan Amount
- $358,068
- USDA Upfront Fee Added To Loan
- $3,581
- Loan payment (principal & interest)
- $2,346/mo
- Property tax
- $209/mo
- Home insurance
- $120/mo
- HOA dues
- $0/mo
- Down payment (0%)
- $0
- Taxes & insurance at closing (3 mo)
- $2,427
- Year one of home insurance
- $1,440
- Base Loan Amount
- $415,278
- USDA Upfront Fee Added To Loan
- $4,153
- Loan payment (principal & interest)
- $2,720/mo
- Property tax
- $242/mo
- Home insurance
- $120/mo
- HOA dues
- $0/mo
- Down payment (0%)
- $0
- Taxes & insurance at closing (3 mo)
- $2,527
- Year one of home insurance
- $1,440
Exact buying power depends on the full loan file and the automated decision, so we do not show a price here.
More on this is in the USDA & General Approval Guidelines section below.
We take your income, your monthly debts, the interest rate, property taxes, home insurance, HOA dues, and the USDA fees, then work backward to a home price whose payment fits your income.
USDA may lend the full price of the home, so buyers who meet the rules can often buy with no down payment.
You see three numbers: a comfortable range, a standard USDA range, and a higher approval range. The comfortable range leaves the most room in your budget.
Because no down payment is required, your cash at closing is mostly closing costs and the taxes and insurance collected up front. A seller credit or lender credit can often cover part of it.
Your real approval depends on your full application, the home, your credit, and USDA's automated review.
USDA loans are for homes in areas USDA has approved and for buyers whose household income is under the county cap. The home has to be the place you live.
When you meet the rules, USDA can finance 100% of the home's value, so you may not need a down payment at all.
There is a 1% fee up front. It is usually rolled into the loan, so you do not pay it in cash.
There is also a 0.35% yearly fee. It is split into 12 and included in the monthly payment shown here.
Property tax, home insurance, HOA dues, and the months of taxes and insurance collected at closing all change your monthly payment and your cash at closing.
Everything here is a planning estimate. It is not a loan approval and it is not a rate quote.
* General guidelines and subject to change.
USDA Debt-To-Income Guidelines
GUS is USDA's automated underwriting system.
- Standard USDA: 29% housing payment ratio and 41% total DTI.
- Higher approval range shown here: up to 32% housing and 43% total DTI. This is the highest non-GUS scenario shown in this calculator.
- 44% or higher total DTI: a GUS automated approval is required.
This calculator does not approve a loan. Final approval depends on the full file, including credit, assets, income documents, and the property.
General Credit Guidelines
- Minimum credit score guideline: 580.
- If an applicant has no traditional credit score, the file has to follow the no-score and nontraditional credit rules.
- A standard purchase file needs a tri-merged credit report, which is a report that pulls all three credit bureaus.
- A score alone does not approve a loan. Final approval still depends on your whole credit profile and underwriting review.
Credit History Depth
A tradeline is a credit account such as a credit card, auto loan, or installment loan.
- On manual files, or when GUS returns a Refer and the score has to be validated, at least one applicant whose income or assets are used must have a validated credit score.
- Validation generally needs at least two tradelines that have been open for at least 12 months.
- Accounts that can count include revolving accounts, installment loans, other paid, open, or closed loans, and certain collections or charge-offs.
- Public records, disputed accounts, self-reported accounts, and deferred accounts cannot be used to validate the score.
- Authorized-user accounts only count in limited cases, such as when the account belongs to another applicant or a spouse, or when the borrower can document 12 months of payments.
Limited Or No Traditional Credit
- With a verified 12-month rent history, one more 12-month credit reference may be enough.
- Without a rent history, three 12-month credit references are generally needed.
- Files built on nontraditional credit have less room for higher debt ratios.
Recent Credit Problems That Can Matter
- A mortgage or rent payment 30 or more days late in the last 12 months can create an approval problem.
- A Chapter 7 bankruptcy or a foreclosure within about the last 3 years may require additional review or an exception.
- A recent Chapter 13 discharge, or an active repayment plan, may require more payment history and documentation.
- Unpaid tax liens, judgments, or large recent collections can delay approval or make the file ineligible until they are resolved.
- Delinquent federal debt flagged by CAIVRS, the federal debt screening system, is especially important and generally cannot be waived. It usually has to be paid or cleared first.
Credit Report Timing
Standard credit documents generally have to be current, about 120 days old or less at closing.
- Loan program
- USDA Guaranteed, primary home
- Loan length
- 30 yrs, fixed rate
- Interest rate
- 6.750%
- Down payment
- 0%
- Upfront guarantee fee
- 1% rolled into the loan
- Yearly guarantee fee
- 0.35% · Life of loan
- Property tax
- 0.70%/yr
- Home insurance
- $120/mo
- HOA dues
- $0/mo
- Closing costs
- 2.60% of price (sliding scale)
- Taxes & insurance collected at closing
- 3 mo, plus year one of the policy
No. USDA loans have household income limits, the home must be in an approved area, and the borrower still has to meet credit and loan approval rules. Use the income and location check near the top of this calculator before relying on the price range.
Your payment includes principal and interest on the loan, which is the price plus the 1% upfront fee that gets rolled in, plus property tax, home insurance, HOA dues, and one twelfth of the 0.35% yearly USDA fee.
USDA charges a one-time fee of 1% of the loan. It is almost always added to the loan instead of paid in cash, so it raises your loan amount and monthly payment a little, but not your cash at closing.
It is 0.35% of the loan each year, split into 12 monthly parts. It is USDA's version of mortgage insurance. The rate is the same for every loan size, and it stays for the life of the loan.
No. USDA can lend 100% of the home's value, so $0 down is allowed and you do not need down payment help. You can still put money down if you want a lower payment.
The home has to be the place you live, and it has to sit in an area USDA has approved. Many small towns and outer suburbs count. Check the exact address on USDA's map before you make an offer.
USDA caps total household income, not just the income of people on the loan. In most areas the FY2025 limit is about $119,850 for 1 to 4 people and $158,250 for 5 to 8 people. Some counties are higher. Enter a ZIP code above to see yours.
USDA starts with standard limits for the house payment and for all your monthly debts. This calculator shows a standard range, then a higher range up to 43% of your income going to total debt. At 44% or more, USDA's automated system has to approve the loan.
No. These are estimates to help you plan. Your real approval, rate, fees, and payment depend on your credit, your income, the home, and a full loan review.
Want these numbers checked for your situation?
We will confirm your USDA eligibility and turn this estimate into a real pre-approval range.
Want These Numbers Reviewed For Your Situation?
About closing costs: closing costs are estimated using a tiered percentage of the purchase price: 3% up to $250,000, 2.75% from $250,001 to $350,000, 2.6% from $350,001 to $450,000, 2.5% from $450,001 to $550,000, and 2.35% above $550,000. This is not an itemized quote. Actual closing costs vary by lender, title and escrow company, county, and property, and typically include origination and underwriting fees, appraisal, credit and flood reports, title insurance and settlement fees, recording fees and transfer taxes, plus prepaid interest and escrow deposits for property taxes and homeowners insurance. Seller credits, lender credits, and gift funds can offset part of them, and USDA allows eligible closing costs to be financed when the appraised value supports it. Your official figures come from a Loan Estimate issued after a full application.
This is for educational and illustration purposes only. Does not constitute any type of formal loan approval or intent to make a loan of any type. Cash to close, monthly payment, and purchase prices are purely estimated and will vary based on the actual property selected. County taxes, homeowners insurance, lender fees, and credit will impact your rate and payment. Illustrations are based on a USDA Guaranteed Rural Housing loan with a 1% financed upfront guarantee fee and a 0.35% annual guarantee fee; USDA household income limits, rural property eligibility, primary-residence occupancy, and program guidelines apply.