FSA Loan Calculator
FSA loan calculator preset for USDA farm ownership planning — land purpose, 40-year term, and a ~5.75% reference rate. Confirm current FSA rates with your county office before you apply.
First Year Breakdown
| Monthly # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $1,332.22 | $134.30 | $1,197.92 | $249,866 |
| 2 | $1,332.22 | $134.95 | $1,197.27 | $249,731 |
| 3 | $1,332.22 | $135.59 | $1,196.63 | $249,595 |
| 4 | $1,332.22 | $136.24 | $1,195.98 | $249,459 |
| 5 | $1,332.22 | $136.90 | $1,195.32 | $249,322 |
| 6 | $1,332.22 | $137.55 | $1,194.67 | $249,184 |
| 7 | $1,332.22 | $138.21 | $1,194.01 | $249,046 |
| 8 | $1,332.22 | $138.87 | $1,193.35 | $248,907 |
| 9 | $1,332.22 | $139.54 | $1,192.68 | $248,768 |
| 10 | $1,332.22 | $140.21 | $1,192.01 | $248,628 |
| 11 | $1,332.22 | $140.88 | $1,191.34 | $248,487 |
| 12 | $1,332.22 | $141.55 | $1,190.67 | $248,345 |
| · · · 456 more payments · · · | ||||
| 469 | $1,332.22 | $1,257.95 | $74.27 | $14,242 |
| 470 | $1,332.22 | $1,263.98 | $68.24 | $12,978 |
| 471 | $1,332.22 | $1,270.03 | $62.18 | $11,708 |
| 472 | $1,332.22 | $1,276.12 | $56.10 | $10,432 |
| 473 | $1,332.22 | $1,282.23 | $49.98 | $9,149 |
| 474 | $1,332.22 | $1,288.38 | $43.84 | $7,861 |
| 475 | $1,332.22 | $1,294.55 | $37.67 | $6,566 |
| 476 | $1,332.22 | $1,300.76 | $31.46 | $5,266 |
| 477 | $1,332.22 | $1,306.99 | $25.23 | $3,959 |
| 478 | $1,332.22 | $1,313.25 | $18.97 | $2,645 |
| 479 | $1,332.22 | $1,319.54 | $12.68 | $1,326 |
| 480 | $1,332.22 | $1,325.87 | $6.35 | $0 |
FSA loan payment estimates for farm ownership
This FSA loan calculator is preset for USDA Direct Farm Ownership–style planning: land purpose, 40-year term, and a reference rate near 5.75% (rates change monthly — confirm with your county FSA office). Use it to estimate principal-and-interest payments and print an amortization schedule before you apply. Turnrow does not process FSA applications.
Read FSA loan types explained for program differences (ownership, operating, emergency, guaranteed).
Why the 40-year term matters
FSA Direct Farm Ownership Loans can run up to 40 years for eligible producers. That stretch lowers the monthly payment versus a 20- or 30-year commercial note on the same principal — useful when cash flow is tight in early years of ownership. Total interest over the life of the loan rises with term length; compare 20-, 30-, and 40-year runs in the calculator.
| Preset | Value | Why |
|---|---|---|
| Purpose | Land / ownership | Matches FO loan intent |
| Term | 40 years | FSA ownership maximum |
| Rate | ~5.75% | Mid-2025 FO reference band; update to current |
Operating loans use shorter terms and different rates. Switch purpose or open the general farm loan calculator for mixed scenarios.
Eligibility is separate from payment math
Qualifying for FSA depends on operator status, credit history, collateral, and county limits — not on what this page calculates. After you have a payment you can live with, talk to your local FSA office about application timing, appraisal, and guaranteed vs direct options.
Compare FSA payment against Farm Credit–style estimates and commercial quotes. Also weigh ownership cost vs cash rent on the same acres.
Frequently asked questions
Are FSA rates fixed on this page?
No. The 5.75% default is a planning reference. FSA publishes rates that change; enter the current ownership rate from your office.
Can a beginner farmer use a 40-year FSA loan?
Many beginning farmers use Direct Farm Ownership when eligible. Underwriting is case-by-case. This tool only estimates payments.
Does this include fees or insurance?
No. Payment math is principal and interest only. Ask FSA about closing costs, stock, and insurance requirements.