Finance Tools

Farm Land Loan Payment Calculator

Calculate monthly payments for a farm land loan using loan amount, APR, and term. Includes a quick rate sensitivity table to compare nearby APR values.

Use this farm land loan payment calculator to estimate monthly principal + interest payments for farmland or rural land financing. This is helpful when comparing land loan offers and planning long-term cash flow.

Farm land loan amount

Amount financed (principal)

Annual interest rate (APR %)

Example: 6.25 means 6.25% APR

Loan term (years)

Total repayment period

How this calculator works

Monthly rate = APR ÷ 12
Total payments = years × 12
Monthly payment is computed by a standard amortization formula
Total interest = total paid − principal

Assumptions & notes

Fixed APR (variable rates will differ)
Principal + interest only (taxes, insurance, fees excluded)
Land appraisals and lender requirements are not modeled
Lender rounding may cause small differences

Frequently asked questions

Is a land loan the same as a mortgage?
Not always. Land loans can have different down payment requirements, terms, and rates compared with standard home mortgages.

Why are land loan rates sometimes higher?
Lenders may view land as higher risk because it may not generate income immediately and can be harder to liquidate than a home.

Does a longer term reduce total cost?
Usually it reduces monthly payment, but increases total interest.

How to use this farm land loan payment calculator

Enter the farm land loan amount.
Enter the annual interest rate (APR).
Enter the loan term in years.
Click calculate to see monthly payment and total interest.

Example

For a farm land loan of $400,000 at 6.25% APR over 25 years, this calculator estimates:

Monthly payment (principal + interest).
Total interest cost over the term.
A what-if table for APR ±1%.

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