USDA Home Loan Qualification Calculator

USDA Loan Eligibility Calculator

The U.S. Department of Agriculture (USDA) Home Loan Program is designed to help qualified borrowers with low-to-moderate incomes obtain mortgages and buy homes located in rural areas or small communities with a low or no down payment. Use our calculator to determine the USDA mortgage amount you qualify for and the up-front and ongoing mortgage insurance premium fees associated with a USDA mortgage

Watch our FHA Mortgage Qualification Calculator "How To" video


Amount of money you make per month BEFORE subtracting taxes and other deductions. You can use our Gross Income Calculator to determine this figure
Please Enter Monthly GROSS Income
It looks like you may have inputted your annual gross income instead of your monthly grosss income. Please confirm you have inputted your monthly gross income.
Total of monthly payments for all non-housing related debt such as credit card, auto and student loans
Please Enter Total Monthly Debt Payments
It looks like you may have inputted your total debt balance instead of your total monthly debt payments. Please confirm you have inputted your total monthly debt payments.
The current interest rate for a 30 year USDA mortgage is approximately 5.875%
Please Select Annual Interest Rate
The USDA Program offers mortgages with 15 or 30 year terms
Please Select Mortgage Term (Years)
The amount of money, as a percentage of the purchase price, you are contributing to purchase the property
Please Select Down Payment
The type of mortgage your looking to obtain
Please Select Mortgage Type
Submit Valid Info to Compare Lenders and Save Money!When you provide valid personal info we may connect you with lenders which enables you to compare mortgage proposals and find the mortgage that is right for you. Click calculator for a version of this calculator that does not require personal info
Please Enter Your First & Last Name
Please Enter a Valid First Name
Please Enter a Valid Last Name
Please Enter Your Phone Number
Please Enter a Valid Phone
Please Enter Your Email
Please Enter a Valid Email
Your credit score to the best of your knowledge
Please Select Credit Score
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You may be able to add the upfront USDA mortgage insurance fee to your loan for a higher mortgage amount
Estimated property purchase price you can afford based on the mortgage amount for which you qualify and your down payment
The size of your mortgage relative to the value of your property. If your mortgage size is $80,000 and the property purchase price is $100,000, the LTV ratio is 80%
Total monthly housing expense including your mortgage payment (principal and interest), property taxes, property insurance and USDA Mortgage Insurance Premium
Lender guidelines typically allow you to spend a maximum of 41% of your GROSS monthly income on your combined monthly housing expense and other monthly debt
The USDA Program requires the borrower to pay an up-front Mortgage Insurance Guarantee Fee. The up-front fee is 1.00% of the mortgage amount
The USDA Program requires the borrower to pay an ongoing Mortgage Insurance Guarantee Fee in addition to the monthly mortgage payment. The ongoing fee equals 0.35% of the mortgage amount
Please review our USDA Home Loan Program overview and borrower qualification guidelines and consult your local lender to confirm your ability to qualify for a USDA mortgage

Current Mortgage Rates in Ashburn, Virginia as of July 15, 2024
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.
While we pride ourselves on the quality and breadth of the FREEandCLEAR mortgage calculators please note that they should be used for informational purposes only. Our calculators rely on assumptions by us and inputs and assumptions provided by you, which may be inaccurate. The outputs from our calculators are estimates only and should not be used as the sole basis for making any financial decisions. Always consult multiple financial professionals when determining the mortgage size and program that is appropriate for you.
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