Usda Loan Monthly Payment Calculator



Calculating monthly payments for a USDA loan is crucial for individuals exploring home financing options. To simplify this process, we’ll provide you with a user-friendly USDA Loan Monthly Payment Calculator using HTML and JavaScript. This article will guide you through its usage, the underlying formula, and offer an example for better understanding.

How to Use

To use the calculator, simply input the required details and click the “Calculate” button. The result will display the estimated monthly payment for your USDA loan.


The formula for calculating the monthly payment is derived from the standard mortgage payment formula:


  • is the monthly payment.
  • is the principal loan amount.
  • is the monthly interest rate (annual rate divided by 12).
  • is the total number of payments (loan term in years multiplied by 12).


Let’s consider an example where the principal loan amount () is $150,000, the annual interest rate is 4%, and the loan term is 30 years.

Substitute these values into the formula to get the monthly payment ().


Q: How accurate is this calculator?
A: The calculator provides accurate estimates based on the standard mortgage payment formula. However, it is important to consult with a financial advisor for precise calculations.

Q: Can I use this calculator for other types of loans?
A: This calculator is specifically designed for USDA loans. For other loan types, consider using a calculator tailored to those specifications.


The USDA Loan Monthly Payment Calculator presented here is a valuable tool for individuals navigating the complexities of home financing. By following the simple steps outlined, users can obtain an estimate of their monthly payments, aiding in informed decision-making.

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