USDA Loan Calculator

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USDA Loan Calculator – Use It On Your Mobile Phone

Use our very simple USDA Loan Calculator to determine what your monthly payment would be.  You can use it backwards even, just enter the monthly payment you are looking for and it will give you the interest rate needed for your USDA Loan.

Selling Price$Down Payment$
Interest Rate%Years
Monthly Payment$Change any combination of fields to calculate.

You can access this page on your mobile device as well.  So when you are out looking at homes and need to know what the payment would be just come here and check.  That way you can be sure that you are looking at a home in your price range and comfortable with the payment range

Once you’ve found a home that you would like to buy with a USDA Loan, you’ll need to properly prepare yourself with the USDA Loan Application process.  We’ve devoted an entire section of this site to the USDA Loan Process as well as an entire page giving you specific tips that you can take advantage of in order to be the best prepared home loan applicant possible.

Keep in mind that other things will impact your overall monthly USDA Loan Payment.  Those items may be:

  • Home Owner Association Dues
  • Hazard Insurance payments (this would be your State Farm or Geico)
  • Property Taxes for the subject
  • Monthly mortgage insurance payments (currently the USDA Monthly Mortgage Insurance is running at 0.3% of the loan amount)

So it’s a good idea when looking at a home and trying to properly budget for a monthly payment, to have your real estate professional pull a property profile.

4 Responses to “USDA Loan Calculator”

  • Marcie on January 6, 2012

    do townhomes, patiohomes or condos qualify?

  • Pat Golden on April 14, 2012

    My question I own a home in NJ with my husband but I am thinking about levying him can I buy a home on my own

  • Paul Dunn on August 26, 2012

    @ Pat – as long as you can qualify with both payments.

  • Jim Strinden on January 30, 2013

    Can a USDA loan be acquired after a foreclosure prior to 3 years with excellent credit before and after the foreclosure with an acceptable explanation of circumstances leading up to the foreclosure? Mine is over 2 years.

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