Farm Loan Calculator

Updated for 2026 · you enter your lender’s rate

Estimate payments on a farm, ranch or agricultural land loan. Farm Credit lenders and ag banks structure these differently from a standard mortgage, often with seasonal or annual payment options.

By Michal Lip · every figure is recomputed in code, never guessed

Loan / purchase price

Down payment

20% of price

APR (interest rate)

Your lender sets your rate. Enter the APR you were offered.

Term

▼

Fine-tune

Trade-in

Sales tax

Extra payment / month

$retire it early

Estimated monthly payment

$0.00/mo

Enter the APR your lender quoted to see your payment.

Amount financed$0

Total interest$0

Total of payments$0

Estimate only payoff 0 mo

farm payment $0.00/mo

For reference, the U.S. Prime Rate is currently 6.75% (source: Federal Reserve H.15, as of 2026-08-13). Lenders price farm loans as Prime plus a margin set by your credit and term, so the rate you are quoted will usually sit above this. Enter the actual rate a lender offered. This benchmark is context only and never enters the calculation.

farm loan questions

Who finances farm purchases?

Farm Credit System associations, agricultural banks, and the USDA Farm Service Agency for qualifying beginning and small farmers.

How this estimate is built

The model

Figures assume a fixed rate and equal monthly payments; sales tax and trade-in are optional and adjust the financed amount. Some farm loans use balloon, seasonal or simple-interest structures this tool doesn’t model. The interest rate is the one you enter from your lender, not a figure we set. Confirm any offer with the lender.

Not a lender

Asset Loan Calculator is independent and is not a lender, broker, or affiliate of any lender. Nothing here is a loan offer or financial advice. For real quotes, compare lenders and local credit unions directly.