Free calculator

USDA Loan Payment Calculator

Estimate your monthly payment — with guarantee fees built in — and see how USDA compares to FHA side by side.

Home price

Interest rate (%) Same rate used for both USDA & FHA comparison

Annual property tax ($) Check your county assessor; ~1.1% national avg

Annual homeowners insurance ($)

Loan term

FHA down payment (%)

USDA

$1,994

per month · zero down

FHA

$2,098

per month · 3.5% down

$104/mo less with USDA

That's $1,248 per year you keep

Plus you skip the $10,500 down payment

Line item	USDA	FHA

This is an estimate, not a quote. Your actual payment depends on your credit profile, the property's assessed value, your county's tax rate, and the lender's pricing. Use this to compare programs — then get a real quote from a USDA-fluent lender.

How the USDA fees work

USDA Guaranteed loans charge two fees instead of private mortgage insurance:

Upfront guarantee fee: 1.0% of the loan amount — financed into the loan, so it doesn't come out of pocket.
Annual guarantee fee: 0.35% of the remaining balance — split into 12 monthly installments, included in your payment above.

FHA charges a 1.75% upfront MIP (also financed) and 0.55% annual MIP on most 30-year loans with minimum down payment. That higher annual rate is why FHA's monthly payment is usually $50–$100 more even though its loan amount is smaller after the down payment. Full fee comparison: the guarantee fee math.

What this calculator assumes

USDA: 0% down, 1.0% upfront guarantee fee financed, 0.35% annual fee
FHA: 3.5% down (or 10%), 1.75% upfront MIP financed, 0.55% annual MIP
Same interest rate for both (your rate may differ by program)
Property taxes and homeowners insurance are the same for both
No HOA, PMI drop-off, or special assessments modeled

Check a real address, free. Run any property through our USDA address + income-cap tool before you tour.
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Want the whole system, not just this piece?
The USDA Home Buyer Playbook is the full 54-page walk-through — the four eligibility filters, the offer that actually closes, and the fillable worksheets and scripts you can use on your own deal.
Get the Playbook — $27 →