Affinity Plus Mortgage Rates and Calculators


Affinity Plus Federal Credit Union Online Banking » Affinity Plus Mortgage Rates and Calculators

Affinity Plus mortgage calculators help users make informed home financing decisions. With these tools, they can choose a mortgage that best suits their financial situation. Click here for more information about home loans.

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Rates

Affinity Plus Federal Credit Union mortgage rates can be viewed here. For a more detailed breakdown of the rates, you can visit a branch location, call a mortgage professional at1-800-322-7228 or apply online.

Mortgage rates IMG

Calculators

How to Calculate

 

This calculator helps users compute the principal and interest payments they will be making on a monthly basis towards their fixed rate mortgage. The following entries are required.

 

  • Home price
  • Down payment
  • Loan term
  • Interest rate

Click “Compute “to calculate.

 

 

 

This calculator helps users to estimate the total monthly payments they will be making towards their adjustable rate mortgage. The following variables are required.

 

  • Price of home
  • Down payment
  • Term of loan
  • Beginning interest rate
  • Rate cap
  • Max rate increase at 1st interval
  • Max rate increase at each interval
  • Period prior to first rate increase
  • Months between rate increases

Click “Compute “to calculate.

 

 

This calculator helps users determine the payments they will making on a mortgage with a balloon payment. The entries below are required.

  • Home price
  • Down payment amount
  • Amortized over
  • Balloon payment after
  • Interest rate

Click “Compute “to calculate.

 

This calculator helps users to compare the cost of renting versus that of buying a home. The following information must be provided:

 

  • Rent Information
    • Rent
    • Renters insurance
    • Yearly rent increase
  • Purchase Information
    • Price of home
    • Down payment
    • Loan Term
    • Interest rate
    • Points
    • Closing cost
  • Home Information
    • Yearly property taxes
    • Monthly maintenance
    • Homeowner’s insurance
    • Home appreciation per year
    • Other monthly costs
  • Personal Information
    • Federal and state tax rate
    • Investment rate of return
    • Period in property?
  • Sale Information
    • Agent commission
    • Closing cost for selling

Click “Compute “to calculate.

 

The mortgage comparison calculator helps users to compare two or three loan options to determine which works best for them. The following variables must be entered.

 

  • Loan Details
    • Loan ID
    • Down payment
    • Interest rate
    • Points
    • Other fees
    • Loan type
    • Adjustable type
    • Max initial rate adjustment
    • Max subsequent rate adjustment
    • Rate cap
  • All Loans
    • Home price
    • Your income tax rate
    • Your after tax savings rate
    • How long you will stay in this house

Click “Compute “to calculate.

 

This calculator helps users figure out how much they are going to save by making additional payments on their mortgage. The following variables are required.

  • Original loan amount
  • Original mortgage length
  • Date of loan
  • Interest rate
  • Date of first extra payment
  • Additional payment amount

Click “Compute “to calculate.

 

This calculator helps the users determine how much home they can buy with a mortgage. The following information is required for computation.

  • Monthly Payment
  • Payment Breakdown
    • Monthly insurance
    • Monthly association dues
    • Yearly property tax
  • Loan Information
    • Down payment
    • Interest rate
    • Loan term
  • Taxes

Click “Compute “to calculate.

 

 

 

This calculator is used to compute the mortgage amount an applicant is likely to qualify for. The following information must be entered.

  • Income
  • Monthly Expenses
  • Loan Information
    • Down payment
    • Interest rate
    • Loan term
  • Payment Information
    • Monthly insurance and other costs
    • Monthly association dues (if any)
    • Annual property tax

 

Click “Compute “to calculate.

 

 

 

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