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Jumbo · Cash-Out Refinance

Jumbo Cashout Refinance Loan Payment Calculator

Tap equity on a high-balance home. Estimate your maximum loan, cash back, new payment, interest-only option, and the income needed to qualify.

Built by Jim Blackburn · NMLS #1072866 · $500M+ closed · 7× Scotsman Guide Top Producer

Is this your primary residence?

Primary = up to 80% LTV; second/investment = 75%.

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Use an appraisal, online estimate, or your best guess.

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Your current payment excluding taxes, insurance, and MI.

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If unsure, assume ~0.5% lower than your current rate.

Summary

Max Loan Amount$1,600,000Above the county conforming limit it's a jumbo loan with tighter guidelines.
Maximum Estimated Cash Back$590,000

Your Scenario

Desired Loan Amount$1,530,000Includes ~2% estimated closing costs. Not a Loan Estimate.
Estimated Cash Back$507,050

Payment Breakdown

Principal & Interest Payment$9,163
Monthly Insurance$500
Monthly Taxes$1,000
Total Monthly Expense$10,663
*Interest-Only Payment$7,637Lower monthly cost if you don't intend to pay it off — invest the difference.
Monthly Income Target to Qualify$24,798Assumes a 43% jumbo DTI cap.
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Estimates only — not a commitment to lend.

Jim Blackburn

By Jim Blackburn

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Important Disclaimer

This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.

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