Use this jumbo mortgage calculator to get an estimate.
A jumbo loan is a non-conforming loan of $424,100 or more for single-family home. In certain high cost areas, the conforming limit is up to $636,150. The down payment requirement for a jumbo mortgage is at least 20 percent.
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 have excellent credit (a FICO credit score of 740+) and that you're buying a single-family home as your primary residence. This jumbo mortgage calculator also makes some assumptions about typical down payment amounts, settlement costs, lender's fees, mortgage insurance, and other costs. Learn more about these assumptions below.