Chicago Home Loans

Jumbo Loans in Chicago – Guide to Low Down Payment Options

This page updated and accurate as of 03/08/26 National Mortgage

Buying a high-priced home in Chicago? If your mortgage needs exceed the $832,750 conforming loan limit in Cook County, you’re stepping into jumbo loan territory. But that doesn’t mean you need a 20% … [Read more...] about Jumbo Loans in Chicago – Guide to Low Down Payment Options

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.