Home Loan Calculators
With some of the lowest rates in the market, First Community helps our members save on their mortgage! We offer some of the quickest closings in the greater Houston area and save our members on home purchase closing costs too.![person using a calculator on desk and cutout of a house](https://fccu.org:443/getmedia/75190d6d-21da-4fc2-8d01-fa397b46ae53/calculate-a-mortgage-payment.jpg?width=500&height=333&ext=.jpg)
Calculate a Mortgage Payment
Use this tool to calculate a mortgage payment on a monthly basis.
![man and woman looking intently at computer screen](https://fccu.org:443/getmedia/2f63909a-31a7-460d-be67-8ce1d3699819/home-affordability.jpg?width=500&height=334&ext=.jpg)
Home Affordability
Your ability to obtain a loan for a new home purchase is based on a number of factors. Lenders typically make lending decisions based on three key ratios Loan-to-value, Housing Ratio, and Debt-to-Income ratio.
![man and woman sitting on couch and looking over paperwork in front of computer screen](https://fccu.org:443/getmedia/3915a194-4421-42d6-bd14-3f3a8b9294eb/time-to-refinance.jpg?width=500&height=334&ext=.jpg)
Time to Refinance?
The decision to refinance should be based on lowering the overall mortgage costs and breaking even on the refinance in a reasonable period of time.
![using calculator while discussing paperwork and miniature home sitting on desk](https://fccu.org:443/getmedia/5d4af695-90a7-4ab3-bc0a-403b57ad5856/rent-or-buy.jpg?width=500&height=334&ext=.jpg)
Rent or Buy?
Still debating whether to rent or buy? Use this calculator to see what options work best for your finances.