Mortgage Calculators
Fancy yourself a mathematician? Feel free to check out our mortgage calculators. But don’t get too excited – consult with one of our mortgage experts before you get carried away.
Conventional Mortgage Calculator
Conventional mortgage are ideal for buyers with good credit and money to put down. Conventional Mortgages typically require a higher down payment, usually 5%–20%. They also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA Mortgage Calculator
With flexible qualification guidelines, FHA loans are particularly designed to benefit first-time homebuyers and buyers who don’t have perfect credit or a lot of money to put down. FHA loan limits vary by county. Click here to see current limits and contact Academy to see if you qualify.
VA Mortgage Calculator
If you are a veteran or a current member of the U.S. military, you may qualify for Academy Mortgage Team 101’s VA Loan Program, which currently offers up to 100% home financing.
USDA Mortgage Calculator
Academy Mortgage Team 101’s USDA Home Loan Program provides 102% financing, (the purchase price and guarantee fee) for low- to moderate-income homebuyers wanting to buy a home in a rural development area in Utah.
Affordability Calculator
Team 101’s affordability calculator helps you to determine how much house you can afford. It takes into account your annual income, monthly debts, and specified mortgage rate to calculate a home purchase price that fits within your budget.