News & Updates

It’s safe to say that budget and affordability are on the minds of almost everyone who is about to embark on the homebuying process. Salal Home Lending has partnered with HomeAdvantage® to give you access to a suite of free tools for homebuyers—including these three helpful calculators. Use these calculators to get an idea of your price range, what your monthly payment might look like, and how much you can earn in Cash Rewards* when you work with an agent in the HomeAdvantage network.

Find Out How Much Home You Can Afford

Ok, let’s start with price range. The affordability calculator gives you a quick check on how much home you can afford. Simply input your best estimates for income, rate, etc., and get an idea of what houses are in your price range. This calculator can help you narrow down your home search to a price range that fits with your budget.

Go to Affordability Calculator

What Will Your Mortgage Payment Look Like?

There are lots of moving parts when it comes to estimating what your future mortgage payment might look like. The nice thing about this payment calculator is that it doesn’t just estimate principal and interest—because those aren’t the only costs you’ll pay every month. The payment calculator also takes into account things like property taxes, homeowner’s insurance, and mortgage insurance. This gives you a more realistic estimate of what your actual monthly mortgage payment might be.

Go to Payment Calculator

Estimate Your Potential Cash Rewards*

When you use one of the trusted agents in the HomeAdvantage network to buy your new home, you can earn Cash Rewards—equal to 20% of your agent’s commission. You can earn even more Cash Rewards if you sell your current home through HomeAdvantage as well. How much could you earn? There’s a calculator for that too!

Calculate Your Cash Rewards

Want to Learn More?

Need more house hunting intel? Who doesn’t?! Buying a home is a big decision. That’s why we’ve put together some “Helpful Tools to Begin Your House Hunting Adventures.”

If you have any questions or would like to get more information from a Salal Home Lending expert, feel free to reach out.

 

Schedule a Free Homebuyer Planning Session Schedule a Free Homebuyer Planning Session

Give us a Call Call 800.562.5515 (M–F: 9:30 a.m.–5:30 p.m. PT)

Send us an Email Email us at HomeLending@SalalCU.org

All Salal loans are subject to credit approval. Property must be located within CA, ID, NV, OR, UT, or WA. Some restrictions may apply.

*The HomeAdvantage program is made available to members through a relationship between Salal Credit Union and HomeAdvantage. Cash Rewards are awarded through the HomeAdvantage program to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Cash Rewards amounts are dependent on the commissions paid to the HomeAdvantage network agent. Obtaining a mortgage or use of any specific lending institution is not a requirement to earn Cash Rewards. If you are obtaining a mortgage, Salal Credit Union may have specific rules on how Cash Rewards can be paid out. Cash Rewards are available in most states; however, are void where prohibited by law or by Salal Credit Union. Please consult with your Salal Credit Union Mortgage Advisor for details that may affect you.