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CalHFA USDA Calculator

For homes in USDA-eligible rural areas: a CalHFA USDA first mortgage with zero down, plus MyHome assistance — your cash to close and your real monthly payment.

Your loan

County

Purchase Price ($)

Appraised Value ($)

Assistance is based on the lesser of the purchase price or appraised value.

Down Payment (%)

CalHFA USDA allows 0% down in eligible rural areas.

Interest Rate (%)

Defaults to CalHFA's current Standard Rate Lock rate for this program, updated automatically from CalHFA's published rates.

See CalHFA's current rates

Term

30 years (CalHFA first mortgages are 30-year fixed)

USDA Upfront Guarantee Fee (%)

Financed into the loan.

USDA Annual Fee (%)

Paid monthly as part of your payment.

Closing Costs ($)

HOA Dues ($/month)

Years Until You Sell or Refinance

Used to estimate what the deferred MyHome loan will have grown to when it comes due.

County limits

USDA income limits vary by county and household size. Check the limit for Los Angeles County on USDA's eligibility site.

Check USDA income limits and property eligibility

For reference — CalHFA's own income limit for Los Angeles County is $214,000.00 (it does not govern USDA loans, but MyHome assistance used with this loan follows CalHFA rules).

Verify the income limit on CalHFA's official income limits sheet

Sales price limit: CalHFA sets no sales price limit.

Down payment assistance

No assistance — CalHFA USDA only Lien positions: 1st — CalHFA first mortgage. MyHome — up to 3% of the lesser of the price or appraised value, for down payment and/or closing costs. Deferred at 1% simple interest, no monthly payment. Lien positions: 1st — CalHFA first mortgage · 2nd — MyHome.

There is no CalPLUS version of the CalHFA USDA loan, so ZIP and MyAccess cannot be combined with it — MyHome is the CalHFA assistance available on a USDA first mortgage. MyHome requires first-time homebuyer status.

Your numbers

Down payment$0.00

Base first loan$600,000.00

USDA upfront guarantee fee (financed)$6,000.00

Total first loan$606,000.00

MyHome assistance$18,000.00

Estimated cash to close$0.00

CLTV103.00%

CLTV is figured on the base first loan plus subordinate assistance; the financed USDA guarantee fee is excluded from this estimate.

Estimated monthly payment

Principal & interest$0.00

Property taxes$0.00

Homeowner's insurance$0.00

USDA annual fee$0.00

HOA dues$0.00

Total monthly payment$0.00

Principal & interest above is calculated on the total first loan amount.

Want to lower these early payments? Try the Temporary Buydown Calculator

Deferred MyHome payoff estimate

MyHome payoff after 7 years$19,260.00

Deferred assistance is due in full when you sell, transfer, refinance, or pay off the first mortgage.

CalHFA USDA at a glance

The property must be in a USDA-eligible rural area, and your household income must be within USDA's income limits for the area (separate from CalHFA's limits).
Primary home only — the purchase must be for an owner-occupied primary residence. The borrower and every co-borrower must live in the property; a co-borrower who does not occupy the property is not allowed.
0% down is allowed; maximum first loan LTV 100%, maximum CLTV 105% with MyHome.
Minimum credit score 640 (660 for manufactured homes). Loans are underwritten through USDA's GUS system with an Accept/Eligible finding.
Maximum debt-to-income ratio 45% (50% if your credit score is 700 or higher).
Homebuyer education is required. CalHFA sets NO sales price limit.
MyHome assistance requires first-time homebuyer status (no home ownership in the past 3 years).
Single-family one-unit primary residence — SFR, approved condo or PUD; manufactured homes are permitted under USDA/CalHFA requirements.
CalHFA Government Loans Program Handbook (PDF) — covers FHA, VA & USDA

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For educational purposes only. Figures are estimates based on the loan amount, note rate, and term you enter; they are not a loan offer, commitment to lend, or a guarantee of any rate or payment. Actual rates, payments, taxes, insurance, and qualification depend on credit profile, property, and lender approval. USDA eligibility depends on the property being in a USDA-eligible rural area and on USDA household income limits, which are separate from CalHFA's. The USDA upfront guarantee fee and annual fee percentages above are editable estimates of the standard USDA fees. MyHome accrues 1% simple interest, is deferred with no monthly payment, and becomes due when you sell, transfer, refinance, or pay off the first mortgage. Program terms per CalHFA (calhfa.ca.gov), checked October 2026; limits and terms change — confirm current terms before applying.