Jumbo Loans With 10% Down Payment

Understanding Jumbo Loans with a 10% Down Payment

This page updated and accurate as of 12/11/24 National Mortgage

Purchasing your dream home comes at a cost, and in some cases, this cost can exceed the conforming loan limits. When buying a home with a high price tag, a jumbo loan may be the best option. … [Read more...] about Understanding Jumbo Loans with a 10% Down Payment

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%.