Section 502 Guaranteed · FY2027

USDA Loan Calculator

Estimate your mortgage payment with the USDA guarantee fee, annual fee, property taxes and homeowners insurance. See how financing the upfront fee changes your loan amount and how the annual fee declines.

Purchase and loan details

USDA program date for fee schedule Purchase price ($) Down payment ($) Fixed annual interest rate (%) Loan term Upfront guarantee fee payment Annual property taxes ($) Annual homeowners insurance ($)

FY2027 runs October 1, 2026 through September 30, 2027. Confirm the applicable program date and fee schedule with your lender. Dates outside this verified period are not calculated.

USDA Section 502 Guaranteed loans use a 30-year fixed term. Enter your lender's interest rate, not APR. The 6% example is not a market quote. Zero down may be available to qualified borrowers.

This is a purchase estimate: base loan = purchase price minus down payment. Other financed closing costs are excluded. Enter taxes and insurance from local estimates; include required flood insurance in the insurance amount if applicable.

Your inputs stay in this browser and are not saved.

Check USDA eligibility separately

Property-area warning: a payment estimate does not mean the home is in an eligible area. Check the exact address using the official USDA property eligibility map, then confirm property requirements with your lender.

Household-income warning: eligibility depends on adjusted household income, household size and location, not just the applicant's salary or this payment. Use the USDA income eligibility tool. This calculator does not look up income limits or decide eligibility. The home must be a qualifying primary residence; credit, repayment ability and other program requirements still apply.

Loan and fee breakdown

Base loan before guarantee fee: —
Upfront guarantee fee: —
First-year annual fee: —
Down payment + cash-paid guarantee fee only: —
Total scheduled interest: —
Total annual fees over scheduled term: —

Year-by-year fee and payment estimates

Average balances use the beginning balance of each of the year's 12 scheduled payments. Taxes and insurance are held constant. Monthly estimates use the regular principal-and-interest payment; the final payment is adjusted to clear the balance.

30-year original amortization schedule; scroll horizontally on smaller screens
Loan year	Average scheduled balance	Annual fee	Monthly fee escrow	Monthly total estimate	Year-end loan balance

How the calculation works

FY2027 rates are a 1% upfront guarantee fee and 0.35% annual fee. If the upfront fee is fully financed, total loan = base loan / (1 − 0.01); the fee is 1% of that total. If paid at closing, the loan equals the base loan and the fee is 1% of it. Partial fee financing is not modeled.

Principal and interest use the standard monthly fixed-rate amortization formula. Payments and monthly interest round to cents; the last payment pays the remaining balance. At zero interest, principal is divided by 360.

For each loan year, the 12 beginning scheduled balances are averaged and rounded to cents. That average times 0.35% gives the annual fee, rounded to cents. Monthly fee escrow equals the annual fee divided by 12, rounded to cents. Small escrow reconciliation differences may result from rounding. Annual fees are based on the original schedule; extra principal payments do not recalculate that schedule while the guarantee remains outstanding.

This calculator is for the Single Family Housing Guaranteed Loan Program, not USDA Direct loans, rental housing or business guarantees. It excludes other closing costs, technology fees, HOA dues, prepaid interest, initial escrow funding, seller credits, repairs and assistance programs. It assumes the valuation supports the base loan. Confirm final fees and eligibility with an approved lender.

Effective dates and official sources

Reviewed October 5, 2026. Fee and eligibility assumptions are effective-dated to FY2027. No unsupported future-year fee rates are assumed.

USDA FY2027 fee notice
USDA Handbook Chapter 16: upfront and annual fees
USDA annual-fee calculation methodology (historical worked example uses a historical rate; this tool uses FY2027 rates)
USDA Guaranteed Loan Program and eligibility requirements