First-time Homebuyers
homeowner era unlocked
We know how intimidating buying your first home can feel. That’s why we offer unique First-time Homebuyer loan options with the support and guidance from a dedicated Loan Officer.
Se habla español | We speak Spanish
your home loan options
Whether you're looking for little to no down payment, help with upfront costs, or a program tailored to your situation, we have a range of home loan solutions designed to make buying a home more achievable.
No down payment or added mortgage insurance is needed.
A program to help cover your down payment and closing costs.
With an FHA loan, you only need a down payment as little as 3.5%.
VA loans assist veterans and eligible service members.
getting started is easier than u think
guidance at every step
When you work with our experienced loan officers, you’ll enjoy full-time support and guidance before, during, and after the buying process. Contact one today to get started on your homebuying journey.
Contact a Loan Officer
calculators
These easy-to-use calculators help you explore renting vs. buying, compare loan options, and estimate closing costs so you can move forward with confidence.
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See How Much U Can Save From Buying
Trying to decide whether to rent or buy your next home? It comes down to more than just a monthly payment. Renting can offer flexibility, while buying helps you build equity over time.
This calculator helps you compare the true saving of buying versus renting based on your financial situation and how long you plan to stay. By looking at both options side by side, you can make a more informed decision about what works best for you.
To get started, enter a few key details:
- Renting Cost
- Monthly Rent
- Annual Renter's Insurance
- Buying Cost
- Home Purchase Price
- Down Payment
- Annual Property Tax
- Monthly HOA Dues
- Annual Homeowners Insurance
- Loan Term
- Interest Rate
How to use this calculator:
- Start by entering your monthly rent and annual renter’s insurance.
- Enter the home purchase price and your down payment amount.
- Add in ongoing homeownership costs, including property taxes, HOA dues, and annual insurance.
- Enter your loan term and interest rate.
- Compare the results to see how much you can save by buying instead of renting.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation. - Renting Cost
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Find Which Loan is Right for U
Not all mortgage loans are the same. Even small differences in interest rates, loan terms, or upfront fees can have a big impact on how much you pay over time.
This calculator helps you compare two loan options side by side so you can see how each affects your monthly payment and total cost. Whether you're deciding between lenders or exploring different rate and fee combinations, this tool can help you choose the option that fits your budget and long-term goals.
To get started, enter details for both loan options:
- First Loan:
- Loan amount
- Loan term
- Interest rate
- Origination charges
- Interest rate buy-down
- Other settlement services
- Second Loan:
- Loan amount
- Loan term
- Interest rate
- Origination charges
- Interest rate buy-down
- Other settlement services
How to use this calculator:
- Start by entering the loan details for the first option, including loan amount, term, and interest rate.
- Add in upfront costs such as origination charges, any interest rate buy-down, and other settlement services.
- Enter the same details for the second loan you want to compare.
- Review the results to compare monthly payments and overall loan costs.
- Adjust the numbers to see how changes in rates, terms, or fees impact each option.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation. -
Estimate Your Home Closing Costs
Buying a home comes with more than just a down payment. Closing costs are the upfront fees and services required to finalize your mortgage and complete your home purchase. Closing costs typically range from 2% to 5% of the home’s purchase price, but your actual costs may vary based on your loan and location.
This calculator helps you estimate your total closing costs so you can plan ahead and avoid surprises at the closing table.
To get started, enter a few key details
- Home purchase price
- Down payment percent
- Origination charges
- Discount points
- Home appraisal
- Credit report
- Flood certification
- Tax service
- Title service
- Title insurance
- Recording Fees
- Transfer Tax
- Survey fees
- Pest Inspection
How to use this calculator:
- Start by entering the home purchase price and your down payment percentage.
- Add your lender-related costs, including origination charges and any discount points.
- Enter estimated third-party service fees, such as the appraisal, credit report, and flood certification.
- Include additional closing services like tax service, title service, and title insurance.
- Review your estimated total to better understand how much you may need at closing.
- Adjust the values to see how different costs impact your total closing expenses.
Our online calculators are designed for educational and informational purposes only. They are intended to provide general guidance and estimates based on the information you provide. These tools should not be used as the sole basis for making financial decisions. We recommend consulting with a qualified financial advisor to obtain personalized advice tailored to your specific financial situation. There is no guarantee on the loan terms presented in the calculation.
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Credit Builder Loan
Whether you’re just getting started on your journey toward financial success or working to get back on track, UFCU can help you build a solid credit history with a Credit Builder Loan.
Explore ThisUFCU Mortgage Services NMLS ID #441215 8303 N Mopac, Suite A105 Austin, TX, 78759
1 Subject to credit eligibility. Certain restrictions apply. Rates and program availability are based on market conditions and may change without notice. Available for Texas residents only.
2 Subject to credit eligibility. Certain restrictions apply. Payment reflected does not include property taxes, homeowners insurance or HOA*. Example payment scenario: A 30-year fixed-rate loan with a sales price of $400,000 and a 5% down payment results in a loan amount of $380,000. With an interest rate of 6.00% and an Annual Percentage Rate (APR) of 6.499%, the monthly principal and interest payment is approximately $2,278 for 360 months. Rate assumes a 740 credit score and purchase of one discount point ($3,800). Program eligibility and down payment assistance requirements vary.