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)
Please be sure to contact us at ph: 800-962-0677 with questions.