COMPARE YOUR OPTIONS

Jumbo vs. Conventional

Compare conforming and jumbo financing using separate down payments, rates, mortgage insurance, cash-to-close, reserve, and hold-period assumptions.

JUMBO VS. CONVENTIONAL

Build Your Plan

01

PURCHASE DETAILS

Home Price, Value and Shared Housing Costs

$1,100,000
$250K$5M
$
%
$ /yr
$ /yr
$ /mo
$
02

CONFORMING LIMIT

Confirm the Applicable County Loan Limit

$

OFFICIAL FHFA LOAN LIMIT LOOKUP

Conforming limits vary by county.

The 2026 baseline limit for a one-unit property is prefilled below. Replace it with the official county limit when the property is in a designated high-cost area.

Open the Official FHFA Loan Limit Map →
$
03

CONVENTIONAL OPTION

Conforming Loan Assumptions

%
Quick Select
%
Quick Select
%
points
04

JUMBO OPTION

Jumbo Loan Assumptions

%
Quick Select
%
Quick Select
%
points
months
months
05

COMPARISON PERIOD

Choose How Long to Compare the Loans

A loan above the applicable county conforming limit is generally classified as jumbo. Jumbo underwriting, reserves, pricing, appraisal requirements, and mortgage-insurance availability vary by lender.

LOWER ESTIMATED MONTHLY PAYMENT

JUMBO
$0
Jumbo Lower Payment

Estimated difference in total monthly housing expense including mortgage insurance, taxes, insurance, and HOA dues.

Conventional Monthly Housing Expense$0
Jumbo Monthly Housing Expense$0
Conventional Loan Amount$0
Conventional ClassificationConforming
Jumbo Loan Amount$0
Jumbo ClassificationJumbo
Conventional Cash to Close$0
Jumbo Cash to Close$0
Conventional Reserve Target$0
Jumbo Reserve Target$0

GOLDEN OAK INSIGHT

The lower payment may require a different amount of cash and reserves.

Compare qualification, liquidity, pricing, appraisal requirements, and expected holding period.

LOWER MODELED HOLD-PERIOD COST

$0

Jumbo lower cost
Conventional Interest, MI & Points$0
Jumbo Interest, MI & Points$0
Conventional Remaining Balance$0
Jumbo Remaining Balance$0

CONFORMING VS. JUMBO

Compare the Two Financing Structures Side by Side

The conforming option may require a larger down payment to stay at or below the applicable county limit. The jumbo option may allow a larger loan but can carry different reserve, underwriting, and appraisal requirements.

Applicable County Conforming Limit$0
vs.
Calculated Loan Amount$0
Loan ClassificationConforming

CONVENTIONAL / CONFORMING

$0/mo

Down Payment$0
Loan Amount$0
Initial Mortgage Insurance$0
Hold-Period Cost$0

JUMBO

$0/mo

Down Payment$0
Loan Amount$0
Initial Mortgage Insurance$0
Hold-Period Cost$0

WHAT CHANGED

$0

Monthly Payment Difference$0/mo
Cash-to-Close Difference$0
Reserve Difference$0
Comparison Period5 years

OFFICIAL FHFA RESOURCE

Confirm the Applicable Conforming Loan Limit

$

COUNTY & UNIT-SPECIFIC LIMITS

FHFA Conforming Loan Limit Values Map

Verify the official limit for the property county, calendar year, and number of units before classifying the loan.

Open Official FHFA Map →

NEXT PLANNING TOOLS

Continue Planning

Purchase Financing PlannerBuild a complete purchase scenario using price, down payment, rate, taxes, insurance, and closing costs.
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Mortgage Payment CalculatorReview principal, interest, taxes, insurance, mortgage insurance, and HOA in one payment estimate.
→ +
Closing Cost CalculatorEstimate fees, points, prepaids, escrows, credits, deposits, and cash needed to close.
→

JUMBO PRICING AND UNDERWRITING VARY WIDELY

Compare Multiple Jumbo and Conventional Lenders

A personalized review can confirm the county limit, pricing, asset requirements, reserves, appraisal structure, debt-to-income limits, mortgage insurance, relationship discounts, and the best way to structure the down payment.

Review Plan >

This planner provides simplified estimates for educational purposes only and does not constitute a loan offer, approval, rate quote, appraisal, conforming-loan determination, mortgage-insurance quote, underwriting decision, financial advice, or commitment to lend. The applicable conforming limit varies by year, county, property type, and unit count. Jumbo pricing, reserves, assets, credit, debt-to-income limits, appraisal requirements, mortgage insurance, and program eligibility vary by lender. Confirm the official FHFA limit and review transaction-specific Loan Estimates before selecting a loan structure.