Farm Loan Calculator

Farm Loan Calculators

Taking on debt against your farm is a big decision. Make sure you understand the numbers first. Use the calculators below to estimate payments, total interest, and the ratios agricultural lenders look at, so you can go into a loan conversation prepared. Our goal is to give you the tools — and the plain-English explanation behind them — free, with no signup.

  • Free, no signup
  • Eight ag lending tools
  • Every formula shown
Land & Real Estate

Farm Loan Payment Calculator

Periodic payment, total interest, and total cost of a farm loan at monthly, quarterly, semi-annual, or annual payment frequency.

Loan details

This field is intentionally blank. We don't quote rates — enter a rate to model.
Payment frequency
Many agricultural real estate loans are paid annually or semi-annually to match harvest and marketing cycles.

Your results

Annual paymentEnter an interest rate to see your paymentEnter an interest rate to see your paymentEnter an interest rate to see results.
Number of payments
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Total interest
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Total of all payments
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Estimate only. Your lender's terms, fees, and payment structure may differ.

Related calculators

Other tools farm borrowers usually run next.

Amortization ScheduleFull schedule with extra paymentsLand LoanPayment, LTV, and cash to closeBalloon PaymentBalance due at balloon

All calculators

Eight tools, grouped by what you are financing.

Land & Real EstateBuying, financing, and paying off farm ground.
Farm Loan PaymentPayment by any frequencyLand LoanPayment, LTV, and cash to closeAmortization ScheduleFull schedule with extra paymentsBalloon PaymentBalance due at balloon
Equipment & MachineryFinancing tractors, combines, and implements.
Equipment LoanWith trade-in and down payment
Lender RatiosThe ratios agricultural lenders underwrite on.
Loan-to-Value (LTV)LTV and max loan by thresholdDebt Service Coverage (DSCR)DSCR and max debt service
Land MeasurementAcres, price per acre, and unit conversions.
Acreage & Price Per AcreAcres, price, and conversions

How this is calculated

i = (annual rate / 100) / periods per year
n = term in years x periods per year

payment = P x i / (1 - (1 + i)^-n)          when i > 0
payment = P / n                             when i = 0

P is the loan amount, i is the periodic interest rate, and n is the total number of payments. Payment frequency changes both i and n: an annual loan divides the rate by one and multiplies the term by one, while a monthly loan divides by twelve.

Total interest is the sum of the interest column across the whole schedule, and total of all payments is principal plus total interest. The schedule itself is built in whole cents: interest for each period is the balance times i, principal is the payment minus that interest, and the final payment absorbs any residual cents so the ending balance is exactly zero.

Assumptions: a fixed interest rate for the full term, equal payments made on schedule, no fees or escrow amounts included, and interest accrued on the period balance rather than daily.

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