Jumbo Loan Calculator
Estimate the monthly payment on a jumbo mortgage, the total interest over the term and how extra payments shorten it.
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- No sign-up
Enter the loan amount, rate and term to see the payment.
Worked example
With these example inputs:
- Loan amount$800,000
- Interest rate7%
- Term30 yr
Monthly payment: $5,322
- Total interest$1,116,071
- Total of payments$1,916,071
- Payoff time30 yr
Frequently asked questions
What makes a mortgage a jumbo loan?
A jumbo loan is one larger than the conforming limit set each year, so it cannot be bought by the main agencies and often has slightly stricter terms.
Do jumbo loans cost more?
Rates can be similar to or a little above conforming loans, but lenders usually want a larger down payment, strong credit and more reserves.