Finance Tools

USDA Farm Loan Interest Calculator

Estimate total interest cost and monthly payment for a USDA farm loan using loan amount, APR, and term. Includes a quick rate sensitivity table.

This USDA farm loan interest calculator estimates monthly payment and total interest cost using loan amount, APR, and term. It’s useful for quick comparisons when evaluating USDA/FSA-type farm loan offers.

USDA farm loan amount

Principal amount borrowed

Annual interest rate (APR %)

Example: 5 means 5% APR

Loan term (years)

Total repayment period

How this calculator works

Monthly rate = APR ÷ 12
Total payments = years × 12
Monthly payment is computed by an amortization formula
Total interest = (monthly payment × total payments) − principal

Assumptions & notes

Fixed APR (variable-rate loans may differ)
Principal + interest only (no taxes, insurance, or closing costs)
Program fees and underwriting rules are not modeled
Results are estimates; lender rounding may differ

Frequently asked questions

Is this an official USDA or FSA calculator?
No. This is an independent estimator that uses standard loan math. Official program tools and lender disclosures may differ.

Why might USDA/FSA loans have different rates?
Program rules, borrower eligibility, and loan purpose can affect pricing. Compare offers using the same term for a cleaner comparison.

How can I reduce total interest cost?
Lower APR, shorter term, and extra principal payments typically reduce total interest.

How to use this usda farm loan interest calculator

Enter the USDA farm 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 USDA farm loan of $250,000 at 5% APR over 20 years, this calculator estimates:

Monthly payment (principal + interest).
Total amount repaid over the term.
Total interest cost over the full loan.

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