A jumbo loan is a non-conforming loan for loan amounts greater than $766,550 for a single-family home. In certain high cost areas, including Alaska and Hawaii, the conforming limit is up to $1,149,825.
This jumbo loan calculator provides customized information based on the information you provide. But, it assumes a few things about you. For example, that you’re buying a single-family home as your primary residence. This calculator also makes assumptions about closing costs, lender’s fees and other costs, which can be significant.
Estimated monthly payment and APR example: A $525,000 loan amount with a 30-year term at an interest rate of 4.125% with a down-payment of 20% would result in an estimated monthly payment of $2,544.41 with an Annual Percentage Rate (APR) of 4.197%.1
Interest rates vary depending on the type of mortgage you choose. See the differences and how they can impact your monthly payment.