USDA Mortgage Calculator

Calculate USDA rural development loan payments with 0% down payment

USDA Mortgage Calculator
Calculate monthly payments for USDA rural development loans

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USDA Loan Features
Key benefits of USDA rural development loans
Down Payment0% required

No down payment required for eligible borrowers

Guarantee Fee0.35% annually

Annual fee that can be rolled into loan amount

Credit Score640+ typical

Flexible credit requirements compared to conventional loans

Income LimitsArea-specific

Must not exceed 115% of area median income

USDA Loan Benefits
  • No down payment required
  • Competitive interest rates
  • Lower mortgage insurance
  • No maximum loan amount limit
Eligibility Requirements
  • Property in eligible rural area
  • Income within area limits
  • US citizen or permanent resident
  • Property as primary residence
USDA vs Conventional Loan Comparison
Compare USDA loans with conventional mortgages
FeatureUSDAConventionalFHAVA
Down Payment0%3-20%3.5%0%
MI/Fee0.35%0.5-1%0.85%Funding Fee
Income LimitYesNoNoNo
LocationRuralAnyAnyAny

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