Often $0 down
USDA Rural Development loans can offer $0 down financing for eligible buyers purchasing in qualifying geographic areas, subject to income limits and property eligibility.
Example only — not an offer, advertised rate, or commitment to lend
- Loan term
- 30-year fixed
- Down payment
- $14,000 (3.5%)
- Amount financed
- $386,000
- Principal and interest
- $2,504 / month
- Interest rate
- 6.750%
- Annual Percentage Rate (APR)
- 7.010%
- Mortgage insurance
- Not included (if required, additional)
- Estimated property taxes
- $333 / month
- Hazard insurance
- $125 / month
- Total monthly payment
- $2,962 / month (PITI)
Estimated payment includes principal, interest, taxes, and insurance (PITI). Mortgage insurance and HOA dues are not included. Actual payment may vary.
Key Features
Location-Based Eligibility
Homes must fall within USDA-eligible areas.
Income Limits
Household income generally must meet USDA guidelines for the area.
Low Down Payment
Many qualified buyers can finance with no down payment.
Benefits
Competitive Monthly Costs
Guarantee fees differ from conventional PMI structures.
Primary Residence
Designed for owner-occupied homes in eligible communities.
Homes & Families
Real homes. Real families. Clear financing.
