United States Department of Agriculture 
Rural Development Texas 
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Comparison of Loan Products

Enter information in the boxes outlined in red to compare the following loan products or contact the USDA Rural Development Housing Programs Section at 254-742-9770 or email our Housing Programs Staff for additional assistance.
LOAN PROGRAM FHA 97/3 95/5 Rural Development
INTEREST RATE
TERM (years)



 30



 30



 30



 30
BASE AMT
UFMIP $ - $ - $ -
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LOAN AMOUNT















P&I
MONTHLY MIP $ -
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P&I















SAVINGS on RD Loan vs. FHA
SAVINGS on RD Loan vs. 97/3
SAVINGS on RD Loan vs. 95/5
NOTE on 97/3 and 95/5 products

The No Upfront MIP (UFMIP) assumes the borrower is not eligible to pay this at closing due to credit scores and therefore must pay it monthly. Borrowers who have 700+ credit scores may be eligible to pay UFMIP at the table and therefore not monthly.

Rural Development does not allow the lender to charge any MI. However, there is a 2% guarantee fee that may be passed on to the borrower.

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