MORTGAGE
PERSONAL
VEHICLE
Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://financial-calculators.com/loan-calculator
Mortgages
When you finance your home with TVFCU, you will love our staff as much as you will love our low rates!
Applications for mortgages are by appointment only. The following documents are required at your initial appointment:
- A signed purchase offer (required for purchase only)
- 3 most recent consecutive pay stubs for each member applying
- 2 years signed federal income taxes with W2’s
- 3 years signed federal income taxes with W2's, if you are self-employed or for a new purchase
- Deed to your home
- Most recent paid receipts for county, school, and village taxes
- Statements of any accounts you wish to list as assets
- Statements of debts, if any, to be paid with mortgage
- Statement of current mortgage balance
- Homeowners'/Flood insurance policies
Our Home Improvement Loan allows you to borrow up to $100,000 on your primary residence or up to $50,000 on your rental property.
At your first appointment, it is necessary to provide the following documents:
- 3 most recent pay stubs for each member applying
- 2 years signed federal income taxes with W2’s
- If self-employed, 3 years signed federal income taxes with W2's
- Deed to your home
- Most recent receipts of paid county, school, and village taxes
- Statements of any accounts you wish to list as assets
- Statements of debts if any, to be paid with mortgage
- Statement of current mortgage balance
- Current Homeowners'/Flood insurance policies
For an appointment to apply, please call us at 585.343.5627.