Rio Rancho, NM USDA Loan Calculator

Pre-loaded with Rio Rancho's illustrative property tax assumption (0.55%) and median home price ($290,000). Get a personalized rate quote in 2 minutes — free.

RIO RANCHO, NM
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Your payment$1,692/month
Principal & interest
$1,451.17
Property tax
$132.92
Homeowners insurance
$108.33
Loan amount$232,000
See your real rate for this payment

Your estimate: $1,692/month on a $290,000 home with $58,000 down. Request a free quote in about 2 minutes.

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Rio Rancho market snapshot

Median Home Price
$290,000
Property Tax Rate
0.55%
Avg Monthly Payment
$1,692
Typical Down Payment
$58,000

USDA Loans in Rio Rancho

The median home price in Rio Rancho is $290,000, with an average property tax rate of 0.55% in Rio Rancho area. A typical 30-year fixed usda loan on a median-priced home in Rio Rancho with 20% down would result in an estimated monthly payment of $1,692, including principal, interest, and property taxes.

USDA loans help low-to-moderate income buyers purchase homes in eligible rural and suburban areas. Zero down payment and reduced mortgage insurance.

Use the calculator above with Rio Rancho's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving New Mexico.

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