Finance Tools

USDA Subsidy vs Loan Comparison Calculator

Compare the cash impact of receiving a USDA subsidy versus financing the same amount with a loan (payments, interest, and net benefit).

Compare two ways to fund the same amount: USDA subsidy (no repayment) vs loan financing (monthly payments + interest + fees).

Amount

Use the subsidy amount (or the amount you’d otherwise finance).

Loan assumptions

APR assumption.

Length of repayment period.

Origination/closing/admin fees.

Results

USDA subsidy (cash benefit)

$50,000

No repayment required (assumed).

Loan monthly payment

$1,013.82

Over 60 months · Total paid: $60,829

Total interest

$10,829

Fees

$500

Financing cost (interest + fees)

$11,329

Net advantage of subsidy vs taking a loan

$61,329

Computed as: subsidy ($50,000) + avoided financing cost ($11,329).

Tip: If you’re comparing to a partial subsidy, enter the subsidy amount only (not project total cost).

How it works

  • Loan payment uses standard amortization (amount, rate, term).
  • Total interest = (monthly payment × months) − amount.
  • Fees are estimated as a % of the amount.
  • Net advantage shows how much cash + avoided financing cost you get by receiving a subsidy instead of borrowing.

FAQ

What if subsidy is delayed or uncertain?
Use a smaller amount (conservative) or model it as partial subsidy only.

Does this include taxes?
No. Some subsidy programs may have tax implications depending on the situation.

Why is “net advantage” so large?
Because it counts both the subsidy cash and the financing cost you avoid by not borrowing.

How to use this usda subsidy vs loan comparison calculator

  1. Enter the amount you need (or would receive as a subsidy).
  2. Enter the loan interest rate and term used for financing comparison.
  3. Optionally include an origination/fees percentage.
  4. Compare total loan cost vs subsidy benefit and see the net difference.

Example

A farm compares a $50,000 USDA subsidy vs taking a $50,000 loan at 8% for 5 years with 1% fees.

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