Illinois Home Loans

Chicago 5% Down Jumbo Loan

This page updated and accurate as of 05/16/25 National Mortgage Leave a Comment

A Chicago 5% down jumbo loan is a mortgage amount over the conforming loan limit (set by the Federal Housing Finance Agency), which is currently set at $806,500 for a one-unit property in most of the … [Read more...] about Chicago 5% Down Jumbo Loan

Should You Use a Piggyback Loan to Avoid a Jumbo Mortgage?

Buying a home can be complicated enough without navigating jumbo loan requirements. In 2025, the … [More...] about Should You Use a Piggyback Loan to Avoid a Jumbo Mortgage?

Palo Alto Jumbo Financing Programs

Home buyers seeking to finance a home around Palo Alto know firsthand the property values are a lot … [More...] about Palo Alto Jumbo Financing Programs

Sarasota FHA Mortgage – Pre Application Lender Requirements

FHA loans are a great choice for Sarasota home buyers, especially first time home buyers with … [More...] about Sarasota FHA Mortgage – Pre Application Lender Requirements

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%.

Calculate