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USDA Closing Cost Calculator

Free USDA closing cost calculator to estimate closing costs for USDA home loans. Calculate USDA loan closing costs, fees, and total cash needed at closing.

Loan Details
Enter your mortgage information to get accurate calculations

$300,000

20.0% of home price ($60,000)

Additional Costs
Monthly expenses beyond mortgage

$3,000

$1,200

Required if down payment < 20% ($0)

$0

Extra Payments
Pay off your mortgage faster

Monthly Payment

$1,517

Principal & Interest

Total Monthly

$1,867

Including all costs

Total Interest

$306,107

Over life of loan

Total Cost

$546,107

Principal + Interest

Payment Breakdown

Total Cost

$546,107
Over 30 years

Principal

$240,000
43.9% of total

Interest

$306,107
56.1% of total

Payment Breakdown

Principal43.9%
$240,000
Interest56.1%
$306,107
Interest vs Principal Ratio
You'll pay 56% in interest
That's $66,107 more than the original loan amount
Amortization Schedule
See how your loan balance decreases over time
YearPaymentPrincipalInterestBalance
1$1,517$217$1,300$239,783
1$1,517$230$1,287$237,317
2$1,517$246$1,271$234,455
3$1,517$262$1,255$231,401
4$1,517$280$1,237$228,143
5$1,517$298$1,219$224,666
6$1,517$318$1,199$220,957
7$1,517$340$1,177$216,999
8$1,517$362$1,155$212,776
9$1,517$387$1,130$208,270
10$1,517$413$1,104$203,463
11$1,517$440$1,077$198,333
12$1,517$470$1,047$192,860
13$1,517$501$1,016$187,021
14$1,517$535$982$180,790
15$1,517$571$946$174,142
16$1,517$609$908$167,049
17$1,517$650$867$159,481
18$1,517$693$824$151,405
19$1,517$740$777$142,790
20$1,517$789$728$133,597
21$1,517$842$675$123,788
22$1,517$898$619$113,323
23$1,517$958$559$102,156
24$1,517$1,023$494$90,242
25$1,517$1,091$426$77,530
26$1,517$1,164$353$63,967
27$1,517$1,242$275$49,495
28$1,517$1,325$192$34,054
29$1,517$1,414$103$17,579
30$1,517$1,509$8$0

USDA Closing Cost Calculator Features

Our USDA closing cost calculator helps you estimate all the fees and costs associated with closing on a USDA home loan. USDA loans have unique closing cost requirements and our calculator accounts for all USDA-specific fees.

USDA Closing Cost Components

USDA Guarantee Fee:Annual guarantee fee paid to USDA for loan guarantee.
USDA Funding Fee:One-time funding fee paid at closing for USDA loan guarantee.
Appraisal Fees:USDA-required appraisal fees for property valuation.
Title Insurance:Title search and insurance fees for property ownership.
Recording Fees:Fees for recording the mortgage and deed with county.
Lender Fees:Origination fees, processing fees, and other lender charges.

About USDA Loans and Closing Costs

USDA loans are government-backed mortgages designed to help low-to-moderate income borrowers purchase homes in rural areas. USDA loans offer 100% financing with no down payment required, but they do have specific closing cost requirements. Our USDA closing cost calculator helps you understand all the fees associated with USDA loans, including the guarantee fee, funding fee, and other closing costs that may apply to your USDA home loan.