Calculators · Buying & Financing
Jumbo Loan Calculator
Estimate a jumbo mortgage payment with taxes and insurance for loans above the 2026 conforming limit of $832,750.
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How this calculator works
A jumbo loan is larger than the conforming limit that Fannie Mae and Freddie Mac can buy, $832,750 for a one-unit home in most of the country in 2026. Jumbo lenders set their own rules for down payment, credit, reserves and pricing.
On a larger home, property taxes and insurance can be a big part of the payment, so enter real figures for the address.
- The example uses 20% down and no mortgage insurance, which is common for jumbo loans; change either if your lender's terms differ.
- Jumbo lenders often require several months of payments in reserves. Use the Buyer Cash to Close worksheet to plan reserves separately from closing costs.
Worked example
Example values are illustrative, not quotes or market data. These are the numbers the calculator above starts with.
Inputs
- Loan type
- Jumbo
- Home price
- $1,150,000
- Down payment
- $230,000 (20%)
- Interest rate
- 6.5%
- Loan length
- 30 years
- Property taxes per year
- $23,000
- Homeowners insurance per year
- $6,500
- HOA dues per month
- $0
Results
- Loan type
- Jumbo
- Home price
- $1,150,000
- Down payment
- $230,000 (20.0%)
- Rate / length
- 6.5% / 30 yrs
- Total monthly housing cost
- $8,273
- Principal and interest
- $5,815
- Mortgage insurance (month 1)
- $0
- Loan amount
- $920,000
- Cash to close (down payment only until costs are entered)
- $230,000
- Total interest
- $1,173,406
- Balance after 5 years
- $861,221
Common questions
What makes a loan jumbo?
A loan amount above the conforming limit set each year by FHFA. For 2026 the baseline for a one-unit home is $832,750.
Are jumbo rates higher?
Not always. Jumbo pricing varies by lender and borrower profile and can be higher or lower than conforming rates. Compare written quotes.
How much do I need in reserves?
It depends on the lender and loan size. Many jumbo programs require several months of payments in reserves after closing.
Related calculators
- Mortgage Payment Calculator
- Compare Mortgage Scenarios
- Adjustable-Rate Mortgage (ARM) Calculator
- Buyer Cash to Close Calculator (Buyer Net Sheet)
- All calculators
Estimate only. Actual loan terms, eligibility, insurance, taxes, and settlement charges require verification. These are planning estimates, not a lender Loan Estimate, Closing Disclosure, appraisal, or approval. Michael O'Neal is a real estate broker, not a lender, appraiser, attorney or tax adviser.
Next step
Want a real financing quote? Connect with Home Front Mortgage.
Andrew Fairleigh, Mortgage Loan Originator, Home Front Mortgage, NMLS #1878546. (979) 595-8979 · [email protected]
Rates in these calculators are examples, not Home Front quotes. Your application goes to Home Front's secure site. Do not send financial documents through this website.
Affiliated business arrangement disclosure. This is to give you notice that some agents and owners at Keller Williams Realty Northeast, including Michael O'Neal, have a business relationship with certain providers of services related to your purchase, sale or refinance of real estate, including Home Front Mortgage and Keystone Title & Escrow. Because of this relationship, a referral may provide some owners and agents at Keller Williams Realty Northeast a financial or other benefit. You are NOT required to use either company as a condition for your purchase, your financing or refinance, or any other transaction related to a property. There are frequently other providers available with similar services. You are free to shop around to determine that you are receiving the best services and the best rate for these services. You will be given the written Affiliated Business Arrangement Disclosure, including estimated charges, to review and sign.