Land Loan Calculator
Find the best financing option for your land purchase
Loan Details
Results
Loan Summary
Payment Breakdown (Loan Amount vs Total Interest)
Rates are estimates. Actual rates vary.
Advanced Loan Parameters
Advanced Results & Insights
Payment Information (based on Monthly)
Loan Metrics
Estimated Qualification
Enter details and click "Update Advanced Insights".
Tip: For farm or rural land, explore specialized agricultural lenders or USDA programs which may offer better terms.
Compare Loan Options
Enter different rates and terms below to compare. Loan amount is taken from the Basic Calculator.
| Comparison | Scenario 1 | Scenario 2 | Scenario 3 |
|---|---|---|---|
| Loan Amount | $ 0.00 | $ 0.00 | $ 0.00 |
| Interest Rate | 0.00% | 0.00% | 0.00% |
| Monthly Payment | $ 0.00 | $ 0.00 | $ 0.00 |
| Total Payments | $ 0.00 | $ 0.00 | $ 0.00 |
| Total Interest | $ 0.00 | $ 0.00 | $ 0.00 |
| Interest Savings vs Longest Term | $ 0.00 | $ 0.00 | $ 0.00 |
Total Costs Comparison (Principal + Interest)
Recommendation
Update scenarios to see recommendations.
Consider your monthly budget and total interest paid when choosing.
Amortization Schedule
Uses data from Basic Calculator. See payment breakdown over loan life.
Loan Balance Progress
Amortization Table
| Period | Payment | Principal | Interest | Total Interest Paid | Remaining Balance |
|---|---|---|---|---|---|
| Please calculate loan and update schedule. | |||||
Early Payoff Analysis
Adding an extra amount to your monthly payment can save interest and shorten loan term. Enter an amount below to analyze.
Why Use Our Land Loan Calculator?
Accurate Calculations
Uses standard financial formulas for reliable estimates.
Visual Reports
Interactive charts help visualize payments and amortization.
Compare Options
Side-by-side loan scenario comparison.
Land Loan Types & Features
Raw Land Loans
Undeveloped land, no utilities/improvements.
- Higher down payment (30-50%)
- Shorter terms (5-15 years)
- Higher interest rates
Improved Land Loans
Land with utilities, roads, etc.
- Moderate down payment (20-30%)
- Medium terms (10-20 years)
- Moderate interest rates
Agricultural & Farm Land
For farmland and agricultural properties.
- USDA & Farm Credit options
- Longer terms (up to 30 years)
- Competitive rates
Land Loan Options Explained
Raw Land Loans
Higher risk, for undeveloped land. Expect higher rates, larger down payments (30-50%), shorter terms (5-15 yrs).
Improved Land Loans
For land with some infrastructure. Moderate rates, down payments (20-30%), terms (10-20 yrs).
Agricultural/Farm Land Loans
Specialized for farms/ranches. Often supported by programs like USDA or Farm Credit, potentially better terms, longer repayment (up to 30 yrs).
Rural Land Loans (USDA)
USDA programs (e.g., Rural Housing Site Loan) can offer low/no down payment and below-market rates for eligible rural properties and buyers.
Frequently Asked Questions
Ready to Finance Your Land Purchase?
Use our calculator to find the best financing options and start planning your dream property purchase today.
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