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Calculate Your Jumbo Mortgage Monthly Payment

Ready to explore the luxury market? Our jumbo mortgage calculator will help you put some numbers on the table.

This calculator is for illustrative purposes only and based on information provided by the user. Accuracy is not guaranteed. All loans are subject to approval. Your actual rate, terms and fees may vary. Your Monthly Payment calculations reflect only principal and interest, and amounts for taxes and insurance, if applicable, may increase your actual payment.

Jumbo Mortgage Qualifications

If you are in the market for a high-end or luxury home, you already know that the criteria for a jumbo mortgage are often much higher than that of a traditional conforming loan. As the market for jumbo mortgages shrinks, our team will be here to help you navigate the qualification process.

Here are a few benchmarks to keep in mind for the purchase of a primary residence:

  • Minimum FICO Credit Score: 700
  • Maximum DTI (Debt-to-Income) Ratio: 45%
  • Maximum CLTV (Combined Loan-to-Value) Ratio: 90% (min 10% equity)

Pre-Approvals Made Easy

Gathering your financial documentation can be a lot of work. That's why Amplify Credit Union has partnered with Blend, a Silicon Valley startup working to streamline the mortgage pre-approval process. From investor paperwork to title transfers, Blend makes it easier than ever to upload your documents into one secure environment.

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Let the experts at Amplify Credit Union help you lock in that high-end home.

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The interest rate displayed is for informational purposes only, and is subject to change without notice. APR is the Annual Percentage Rate based on excellent credit (740+). Your actual rate may vary based on your factors.

The rates provided assume the purpose of the loan is to purchase a property, with a loan amount of $550,000 and an estimated property value of $800,000. The property is located in zip code 78732. The property is an existing single-family home and will be used as a primary residence. The rate lock period is 45 days and the assumed credit score is 740.

A mortgage of $125,000 for 30 years at 3.87% APR requires a P&I payment of $587.80 per month. Taxes and insurance for escrow payment are not included; your actual payment obligation will be higher. Assumes closing costs paid out of pocket and tax and insurance escrow account created. All rates and programs subject to loan underwriting and approval and may be subject to change depending on individual credit profile and other qualifications