Be sure to utilize the Jumbo mortgage payment calculator on the right side – mobile users will find this at the bottom of their screen. Please note the following when using the Jumbo loan calculator:
- The default value is assuming 5% down payment – 95% financing
- The default loan amount, taxes, and home insurance can be adjusted
- The Jumbo loan calculator will show a yearly and monthly amortization schedule
- Monthly payment options assume no mortgage insurance cost (PMI) as most Jumbo financing options will not require this.
- The default interest rate noted is an average. Actual mortgage interest rates will depend on a variety of factors such as market conditions, credit score, loan amount, down payment and loan term (fix or ARM)
Buyers can read more about Jumbo Purchase programs, and Jumbo Refinance options by clicking the highlighted links.
Please be sure to contact us at ph: 800-962-0677 with questions.
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