USDA Mortgage Calculator

Government-backed Mortgages in Rural Areas

USDA mortgages are loans backed by the US Department of Agriculture in rural areas. Very favorable terms are offered such as low or zero down payment.

USDA mortgages are loans backed by the US Department of Agriculture in rural areas. Very favorable terms are offered such as low or zero down payment.

USDA mortgages are loans backed by the US Department of Agriculture in rural areas. , Very favorable terms are offered such as low or zero down payment.

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Real Estate Analysis of Home Ownership Affordability

VA and Nationwide Home Price

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Source: Freddie Mac House Price Index (FMHPI)

USDA Mortgage Overview


USDA mortgages are available in rural areas, typically with population of under 20,000. Exact areas need to be checked with the USDA. Additionally the mortgage must be for a primary residence and not for a vacation or investment property.

USDA Mortgage Benefits

  • Much lower interest rates
  • No down payment required
  • Lower mortage insurance payments

USDA Mortgage Requirement

  • Job security and include, proven by tax returns
  • Fico of at least 640
  • Debt–to–income (DTI) of less than 41%

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