Dec

2025

Crypto Sign Up Bonus: Buy $10, Get $10 USDC | SoFi

By Nicholas Wong | 1_Web_Crypto | Comments Off

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SOFI CRYPTO

Jump-start your crypto journey with a $10 bonus.

Now a $10 purchase on your new SoFi Crypto account by 2/7/26
means $10 more for trading—on us.

Open an account

Qualifying crypto buy/purchase transactions exclude stablecoins (e.g. USDC).

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How to get your $10 bonus
with a $10 purchase by 2/7/26. ¹

Open a crypto account.

Make a qualifying crypto purchase of $10 or more by 2/7/26 with funds from SoFi Checking and Savings.

Get $10 in stablecoin for more SoFi Crypto trades.

Open an account

Qualifying crypto buy/purchase transactions exclude stablecoins (e.g. USDC).

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Turn to SoFi to trade crypto on a platform
with the safeguards of a bank.

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Instant trading.
Trade the moment you’re ready—with no waiting around.
Over 25 coins.
Trade Bitcoin, Ethereum, Solana, and many more.
Knowledge is power.
Helpful education and in-app guidance answer questions and raise your confidence.
All together now.
Bank, borrow, invest, and now trade crypto—all in one app.

Open an account

Qualifying crypto buy/purchase transactions exclude stablecoins (e.g. USDC).

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FAQs

What is a SoFi Crypto Account?

A SoFi Crypto Account enables you to use the Digital Asset Services, which include purchasing, selling, and holding Supported Digital Assets offered by SoFi Bank.

How easy is it to open a SoFi Crypto Account?

Opening a SoFi Crypto account is quick and easy. There are no fees to open a SoFi Crypto Account and there are no monthly maintenance fees. All we need are a few pieces of information such as name, home address, and Social Security number. In some cases, we may need additional documentation like a copy of your driver’s license, and/or a current photo ID to verify your identity.

Are my crypto assets insured ?

Your SoFi Crypto Account is not a deposit account or a bank account. Cryptocurrency and other digital assets are not deposits, not insured by the Federal Deposit Insurance Corporation (FDIC), or Securities Investor Protection Corporation (SIPC), not bank-guaranteed, and may lose value.

How do I purchase/trade crypto?

To start trading, you must fund your account by transferring cash from a Connected SoFi Account (SoFi Checking and Savings). We then convert this cash into a stablecoin (such as USDC) to execute the trade.
Please be aware that stablecoins are not issued or guaranteed by SoFi Bank or the FDIC and may lose value. Due to this structure, funding and withdrawals are restricted to your Connected SoFi Account.

Am I eligible for this new SoFi Crypto account promotion?

New SoFi Crypto accounts opened during the promotion period are eligible for the $10 New Account Promo bonus.

When will my funds from my SoFi Checking and Savings Accounts be available?

Transfers made from your SoFi Bank Checking and Savings Account are available instantly to begin trading!

When can I trade? What time is the market closed?

With SoFi Crypto, you can trade 24/7, 365. There are no market hours for the crypto market.

What are SoFi Crypto Trading Fees?

Trading crypto with SoFi is straightforward. We charge a flat 1% fee on all buy and sell transactions. You may notice the price you receive includes a “spread.” This is simply the difference between the live market rate and the rate at which your order is executed. This spread protects you by locking in your price at the moment you order, ensuring valid transaction settlement.

What is a qualifying crypto buy transaction?

A qualifying crypto buy transaction is a successful transaction to buy Supported Digital Assets on platform. Qualifying crypto buy transactions exclude stablecoins.

When will I receive my $10 promo bonus payout?

The $10 bonus payment, in stablecoin, will be credited to your SoFi Crypto Account within 2 weeks following the conclusion of the promotion.

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FAQs

What is a SoFi Crypto Account?

A SoFi Crypto Account enables you to use the Digital Asset Services, which include purchasing, selling, and holding Supported Digital Assets offered by SoFi Bank.

Why do I need a SoFi Connected Account?

You need a SoFi Connected Account to unlock the full SoFi Crypto experience. Your Connected Account acts as your primary funding source to enable trading on the SoFi Crypto platform.

When will my funds from my SoFi Checking and Savings Accounts be available?

Transfers made from your SoFi Bank Checking and Savings Account are available instantly to begin trading!

When can I trade? What time is the market closed?

With SoFi Crypto, you can trade 24/7, 365. There are no market hours for the crypto market.

When will my crypto transfer to my SoFi Crypto account be available?

Crypto transfer times from external wallets vary by cryptocurrency. Many are near-instant, while others may take a few hours. Factors that can impact this: the specific blockchain network utilized, network congestion, transaction fees, and more.

{/* Get started with SoFi crypto now */}

Get started with SoFi Crypto now.

You could turn a $10 trade into $10 more.

Open an account

Qualifying crypto buy/purchase transactions exclude stablecoins (e.g. USDC).

Dec

2025

Free Alabama Home Equity Loan Calculator

By Dana Paltao | mortgage | Comments Off

Alabama Home Equity Loan Calculator

By SoFi Editors | Updated December 11, 2025

Alabama homeowners can leverage the equity in their property using a home equity loan to secure funds for major financial goals, such as renovations, debt consolidation, or education expenses. The Alabama home equity loan calculator can help you understand your potential borrowing ability without making a formal commitment. Use this guide to learn about Alabama home equity trends, alternatives to home equity loans, and how the calculator works so you can make an informed financial decision.

Key Points
• Using an Alabama home equity loan calculator allows homeowners to explore borrowing scenarios without making a formal commitment.
• You’ll need at least 15% equity in your home to qualify for a home equity loan. Your credit score, debt-to-income ratio, and income are also factors.
• Home equity is calculated by subtracting the mortgage balance from the home’s current market value.
• Small differences in interest rates can lead to substantial cost variations over the loan’s duration.
• Repayment terms for home equity loans generally range from five to 30 years.

Calculator Definitions

• Home Value: The home value is the current estimated market value of your property, not the original purchase price.

• Desired Loan Amount: The desired loan amount is the principal amount that will be repaid over the loan term. You can input this amount (or use the slider), and you will see this figure appear in the calculator as a result.

• Current Mortgage Balance: This figure represents the total amount you owe on your existing primary home loan.

• Home Equity Loan Repayment Term: This is the designated period—usually from five to 30 years—over which the loan will be fully repaid.

• Interest Rate: The interest rate is the cost of borrowing money, expressed as a percentage. The calculator reflects an estimated rate that you will enter. Your actual rate will derive from a lender’s offer, which is typically based on credit score, income, and overall financial picture.

• Maximum Loan Amount: The maximum loan amount is the highest estimated sum a lender might offer based on your available equity and financial profile. You do not have to borrow the full amount offered.

• Estimated Monthly Payment: This figure represents the estimated amount of your monthly payment to repay the loan. This payment includes both principal and interest. The calculator shows a payment amount for both a maximum loan amount and your desired loan amount.

• Available Equity Amount/Percentage: This is the portion of a home’s equity that a lender might allow a homeowner to borrow against. It represents the difference between the home’s market value and any outstanding mortgage balance.

How to Use the Alabama Home Equity Loan Calculator

Here are the steps to use the home equity loan calculator most effectively. For each of the steps, you can type in the figure or adjust the slider accordingly.

Step 1: Enter Your Home Value

Start by entering the current estimated market value of your home. This figure is the basis for estimating your available equity and borrowing power.

Step 2: Input Your Desired Loan Amount

Input the amount you would like to borrow. This amount will be the principal of your loan.

Step 3: Choose Your Current Mortgage Balance

Enter the remaining balance on your primary mortgage. This figure helps determine the amount of equity you currently hold in the property.

Step 4: Select a Home Equity Loan Repayment Term

Choose the number of years for repayment (typically five to 30). Experiment with different lengths of time to see how the term directly impacts the size of your monthly payment.

Step 5: Estimate Your Interest Rate

Choose an interest rate (expressed as a percentage) to see how this figure significantly affects both the monthly payment and the total cost of the loan. This is an estimate; the actual rate a lender offers depends on your credit score and your financial profile.

Step 6: Review Your Results

Review the calculator results, which will include an estimated monthly payment and a maximum potential loan amount. Use this information to help you determine what you can afford.

What Is a Home Equity Loan?

As you’re considering using your home as collateral for financing, you will want to understand what is a home equity loan and how it works. Basically, a home equity loan is a tool to help you finance a large amount—whether it’s toward a home renovation or to consolidate high-interest debt (although once you receive the funds, they’re yours for almost any purpose, including medical and educational expenses). Your home secures the loan, and the funds are disbursed as an upfront lump sum.

When you’re in repayment, you have a fixed interest rate so your payment amount will not change, and the repayment term, typically ranging from five to 30 years, is set at the start. Because this type of loan is secured by the home, the lender assumes you will make on-time payments, therefore it generally offers a lower interest rate compared to unsecured financing options like personal loans or credit cards.

Another benefit: Regardless of how you use the funds, the interest on a home equity loan may be tax deductible. Be sure to talk to a professional tax advisor about this possible deduction.

The biggest drawback, however, is that your home acts as collateral. That means if you fail to pay, you risk foreclosure. You can use the Alabama home equity loan calculator to help you run the numbers and feel more confident that borrowing and the new payment fit within your budget.

Recommended: HELOC vs. Home Equity Loan

Home Equity Trends in Alabama

As home values rise, so do homeowner equity levels, which may leave you thinking about how to get equity out of your home.

The trend over the last five years nationwide shows that equity levels have doubled since 2020, a collective increase of $5.7 trillion (see chart below). In fact, about half of homeowners with a mortgage are considered “equity rich.” This is an industry term that means your outstanding mortgage balance is less than half of the home’s fair market value.

For example, let’s say your home appraises for $500,000 and you owe $250,000 or less on your mortgage — that’s equity rich. It’s more about how much your home is worth rather than how much you paid when you purchased it.

The average home equity for an Alabama homeowner at the end of 2025 is just over $53,000. Keep an eye on this trend as you consider tapping into your home equity.

Current home equity loan rates by state.

Compare current home interest rates by state and find a home equity loan rate that suits your financial goals.

Select a state to view current rates:

How to Use the Home Equity Loan Calculator Data to Your Advantage

Include the Alabama home equity loan calculator in your financial decision-making so you can meet your goals and stay within your budget.

First, you will see the calculator offers the estimated monthly payment—the key to assessing affordability. Incorporate this amount into your monthly spending plan to assess whether you can afford the loan and ensure that a new loan payment won’t put your finances over the edge.

Also, check out the maximum loan amount estimate. This figure helps you understand the ceiling of your borrowing capacity. Knowing this amount is especially helpful when planning for large-scale projects—to keep you within a realistic budget before the work begins.

Lastly, the Alabama home equity loan calculator can help you run a variety of scenarios so you can see the direct impact of the variables. For example, adjusting the loan term to a longer period can lower the monthly payment. This, of course, will increase the total interest paid too.

Home Equity Loan Scenarios

Now that you know how to use the Alabama home equity loan calculator, it’s helpful to see it applied to practical examples. Here are two scenarios to help show you a home equity loan in action.

Scenario 1: Funding a Major Home Improvement Project

Let’s say you are doing a kitchen remodel with a fixed cost. A home equity loan is a good fit because it provides funds in a single lump sum. With a fixed interest rate and a predictable 15-year repayment schedule, you can budget for the remodel with confidence, knowing the monthly payment will never change.

Scenario 2: Consolidating High-Interest Debt

Another example involves consolidating debt from high-interest credit cards into a single, lower-interest monthly payment. For instance, you have $20,000 in credit card debt with an average 22.00% APR. With a home equity loan at a 9.00% APR, you could consolidate and significantly reduce your monthly interest accrual, saving quite a bit in interest over the long haul.

Tips on Home Equity Loans

Here are some tips to help you navigate the home equity loan borrowing process:

• Maintain a strong credit history. Review your credit report periodically and report any errors immediately. On-time payments show financial responsibility, leading to more favorable loan terms and competitive interest rates. A credit score of 680 to 700 often earns the best rates.

• Manage existing debt. Lenders will look at your debt-to-income (DTI) ratio, which compares your monthly debt payments to your income. While a DTI up to 50% may be acceptable to some lenders, having a ratio below 43%, and ideally below 36%, makes you a stronger applicant deserving of more favorable rates.

• Borrow only what you need. Resist the temptation to borrow the maximum amount. Instead, calculate the specific funds required for your project to avoid taking on unnecessary debt.

• Compare offers from multiple lenders. To ensure you get the best interest rates, terms and lowest fees, shop around for offers from a variety of lenders before making a decision.

• Understand the risks. The biggest drawback of a home equity loan is that your home acts as collateral. That means if you fail to pay, you risk foreclosure.

Alternatives to Home Equity Loans

As you explore different types of home equity loans, you will see there are several ways to access home equity. To make the best financial decision for your budget and goals, get clear on alternatives to home equity equity loans. This section shows four common financing options available.

Home Equity Line of Credit (HELOC)

As you consider a home loan, you may also be wondering what is a home equity line of credit? It’s a revolving line of credit, usually with a variable interest rate, secured by your home.

With a HELOC, money can be taken out as you need it, up to the limit that was approved. HELOCs have a draw period, often 10 years, when you might pay interest only on the money borrowed. A HELOC interest-only calculator can help you compute what your payments might be during the initial period. A HELOC repayment calculator helps you determine your principal plus interest amount during the subsequent repayment period.

Basically, HELOCs are ideal for ongoing projects with uncertain costs, whereas home equity loans are preferred for large, one-time expenses with a fixed budget.

Home Improvement Loan

A home improvement loan is a kind of lump-sum personal loan, and it is not backed by the equity you have in your home. It may have a higher interest rate and shorter repayment term than a home equity loan. Typically, it has a lower limit, making it well suited for smaller projects.

Personal Line of Credit

A personal line of credit—not to be confused with a personal loan—is a type of revolving credit line that can be used to pay for a variety of personal expenses. A personal line of credit is similar to a credit card: It has a maximum credit limit, a minimum payment is required every month, and when the debt on the credit line is repaid, money can be withdrawn again.

A lender approves you for a specific credit limit, and you draw only what you need and pay interest only on the amount you use. (A personal loan is a type of installment loan, where you receive a lump sum up front that must be repaid at specified intervals.)

Cash-Out Refinance

With a cash-out mortgage refinance, you take out a new mortgage for a larger amount than what you have left on your current mortgage and you receive the difference between the new and old loan balances as a lump sum of cash. When comparing a cash-out refinance vs. home equity line of credit, you should know that a home equity loan adds a second monthly payment, but a cash-out refinance results in a single, new primary mortgage payment.

The Takeaway

A home equity loan is a reliable financing option when you have a significant, one-time expense, like a major home renovation, high-interest debt consolidation, or educational funding. Using an Alabama home equity loan calculator is a good first step as you consider tapping into your home’s equity. Our tool provides the initial information needed to help you estimate potential monthly payments and assess overall affordability before you formally apply for a loan.

SoFi now offers home equity loans. Access up to 85%, or $750,000, of your home’s equity. Enjoy lower interest rates than most other types of loans. Cover big purchases, fund home renovations, or consolidate high-interest debt. You can complete an application in minutes.

Unlock your home’s value with a home equity loan from SoFi.

View your rate

FAQ

How much can I borrow with a home equity loan?

In general, lenders limit the amount to 85% of your home equity, though that is not always the case. Your income, debt, and credit score also play a role in determining the amount you can borrow.

Is the interest rate on a home equity loan fixed or variable?

A home equity loan is a fixed-rate loan secured by a home, providing a lump sum of money. The fixed rate over the life of the loan means your monthly payments remain the same, making it easier to budget.

What are the qualification requirements for a home equity loan?

First, lenders generally require at least 15% equity in your home. Your credit score will also factor in (with a minimum often starting between 620 and 680), along with your debt-to-income (DTI) ratio (50% or less), and proof of reliable income.

Does a home equity loan replace my first mortgage?

No, a home equity loan does not replace your primary mortgage. It is a second mortgage. In fact, it is an additional loan taken out against the equity in your home. Basically, you will have two separate monthly payments: one for your original (primary) mortgage and a second payment for the home equity loan.

Learn more about mortgages:

Dec

2025

Wyoming Jumbo Mortgage Loan Calculator

By Dana Paltao | mortgage | Comments Off

Wyoming Jumbo Loan Calculator

By SoFi Editors | Updated December 5, 2025

If you’re looking to buy a higher-priced home in Wyoming, a jumbo loan could be right for you. Our Wyoming jumbo loan calculator can assist you in estimating your potential monthly payments and overall costs. Use this handy guide to help you make an informed decision about your future home in Wyoming.

Key Points

• Jumbo loans are required for large amounts that exceed the conforming loan limit, which is $832,750 in 2026 in most of Wyoming (except for Teton County, which is $1,249,125).

• To qualify, a significant down payment (at least 10%) and substantial cash reserves are often necessary.

• Our jumbo loan calculator can help you estimate monthly payments, total interest, and overall costs of a jumbo mortgage.

• The mortgage calculator includes property tax, but not homeowners insurance or HOA fees.

Wyoming Jumbo Loan Calculator

Calculator Definitions

• Jumbo loan:A jumbo loan is a mortgage that exceeds the Federal Housing Finance Agency’s (FHFA) conforming loan limits.

• Home price: The home price is the purchase price you’ve agreed upon with the home seller. It affects your estimated monthlymortgage payment, total interest paid, and overall loan cost.

• Down payment: The down payment is the upfront amount paid. Jumbo loan requirements can be more strict, and you’ll typically need to put down at least 10% of the home price for this type of mortgage loan.

• Loan term: The loan term is the time period to repay the mortgage (typically 30 or 15 years). Terms of 10 or 20 years are also available. A longer term lowers monthly payments but increases total interest paid; a shorter term saves on interest but increases monthly payments.

• Interest rate: The interest rate is the charge for borrowing money, calculated as a percentage of the total loan amount.

• Annual property tax: Property tax, levied by local governments on land and buildings, is typically a percentage of the property’s assessed value, which may differ from its market value.

Recommended: Jumbo Loans vs. Conventional Loans

How to Use the Wyoming Jumbo Loan Calculator

Here are the steps to use the Wyoming jumbo loan calculator effectively:

Step 1: Enter Your Home Price

Enter the home price listed on your contract.

Step 2: Enter Your Down Payment Amount

Specify how much you will pay for a down payment. You can type in the amount or use the slider.

Step 3: Select a Loan Term

Choose a loan term between 10 and 30 years.

Step 4: Enter Your Interest Rate

Indicate your anticipated interest rate, to the second or third decimal point.

Step 5: Enter Your Property Tax Rate

Finally, enter your annual property tax rate as a percentage. Wyoming’s average rate is 0.58%.

What Are Jumbo Loans and Conforming Loan Limits?

With a high-priced home on your radar, you will want to know what a jumbo loan is. It’s a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). The conforming loan limit in 2026 for a single-family home in most of Wyoming is $832,750 (Teton County is the exception at $1,249,125). For a loan amount above these limits, you will need to seek a jumbo loan.

When you are comparing jumbo loans vs. conventional loans, you’ll see that jumbo loans often have more strict criteria to qualify. In general, a borrower needs a higher credit score (700+) and significant cash reserves to qualify. Lenders also typically require a down payment of 10%, though some look for 20%. Fortunately, private mortgage insurance (PMI) is typically not required for down payments less than 20%.

Recommended: The Pros and Cons of Jumbo Loans

Benefits of Using a Jumbo Loan Payment Calculator

The Wyoming jumbo loan mortgage calculator offers many benefits. First, it can assist your budgeting process by providing an estimate of your monthly mortgage payment, including principal, interest, and property taxes.

Using the calculator to compare offers from multiple lenders helps you find the loan that meets your budget. This tool also shows how changes in interest rates can affect your payments, allowing you to plan for different scenarios.

How to Use the Jumbo Loan Calculator to Compare Scenarios

Here’s how to get the most out of the Wyoming jumbo loan calculator so you can compare a variety of loan scenarios:

• Adjust the home price to see how it affects affordability. Remember that you may qualify for a higher loan amount than you can comfortably afford.

• Entering a larger down payment may reduce your overall interest costs.

• Explore shorter loan terms to save on interest, although that will mean higher monthly payments.

• Enter different interest rates to explore the implications of an adjustable-rate loan.

• Use the calculator to evaluate how minor rate changes could affect a jumbo loan.

Current mortgage rates by state.

Compare current home interest rates by state and find a mortgage rate that suits your financial goals.

Select a state to view current rates:

Deciding How Much House You Can Afford in Wyoming

As you run the numbers to figure out how much house you can afford, use the 28% rule that says your housing costs should not exceed 28% of your gross monthly income. For example, if you are considering purchasing a $1 million home in Wyoming, putting down a 10% down payment ($100,000) on a 30-year mortgage at 6.75% interest, then your monthly payment would be approximately $5,837, excluding taxes and insurance. You would need to earn an annual income of around $250,000, assuming no other debts.

The other rule of thumb says that your total debt payments be less than 36% of your gross monthly income; other debt shouldn’t exceed about $1,600 monthly in this case. If you want to factor in other debts, such as a car loan, student loan, or credit card payment, you can use a home affordability calculator.

Another method to help you determine affordability is to go through the mortgage preapproval process with a lender, where you provide detailed financial information. The lender will let you know whether you qualify for a loan and, if so, in what amount and under what terms.

Recommended: Income Needed for a $900,000 Mortgage

Components of a Jumbo Loan Payment

With all of the different types of mortgage loans out there, you will see that the core elements of any mortgage payment will be: the principal and interest. The Wyoming jumbo loan calculator also shows annual property tax, which may be another component of your monthly payment.

Other financial obligations that may be rolled into your mortgage bill are homeowners insurance and homeowners association (HOA) dues. Understanding these components helps you get a more accurate picture of your total commitment, ensuring you are well-prepared for the financial responsibilities of homeownership.

Run the numbers on your home loan.

Mortgage calculator

Punch in your home loan amount and a new interest rate, and we’ll estimate your payoff date.

Calculate
Down payment calculator

Enter a few details about your home loan and we’ll provide your monthly mortgage payment.

Calculate
Home affordability calculator

Provide us with a few details and see how much you can afford to spend on a home purchase.

Calculate

Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.

Cost of Living in Wyoming

As you’re eyeing a property in Wyoming, you will want to research the cost of living to get a sense of how far your dollar goes. States with a lower cost of living typically have less expensive home prices, along with more moderate costs for utilities, maintenance, and transportation.

With a cost of living index of 95.3, Wyoming is about 5% cheaper than the national average. Housing costs (87.2) are lower by about 13% and utilities (101.3) tend to be a bit higher priced than the average.

Tips on Reducing Your Jumbo Loan Payment

If you settle in to your new home and find yourself wondering how to lower your monthly mortgage payment, here are some things you can do:

• Comparison shop for less expensive homeowners insurance, opt for a higher deductible, or combine policies to secure a discount.

• Extend the term of your loan to reduce monthly payments, though this increases the total interest you’ll pay.

• If you face financial hardship in the future, talk to your lender about a loan modification.

• Look into a mortgage refinance if interest rates drop. However, refinancing a jumbo loan requires that you pay closing costs again.

Recommended: How and When to Refinance a Jumbo Loan

The Takeaway

Use a Wyoming jumbo loan calculator to estimate your monthly payments and total costs. This tool can help you experiment with different down payment amounts, various interest rates, and loan term options so you can make the right financial decision for your budget. By taking steps now, like using this guide, you can be better prepared to locate and pay for your next home in the Badger State.

When you’re ready to take the next step, consider what SoFi Home Loans have to offer. Jumbo loans are offered with competitive interest rates, no private mortgage insurance, and down payments as low as 10%.

SoFi Mortgages: We make mortgage loan applications smart and simple.

View your rate

FAQ

How do I get the best rate on a jumbo loan?

To land the best rate, you should shop around and compare offers from various lenders. Improve your credit score, maintain a low debt-to-income ratio, and provide significant cash reserves.

Do you need 20% for a jumbo loan?

Some lenders require a 20% down payment; however, many lenders now accept a down payment as low as 10%.

What credit score is needed for a jumbo loan?

A credit score of 700 or higher is required to secure a jumbo loan (it’s 620 for a conventional conforming mortgage), although some lenders prefer 720. Jumbo loans have stricter criteria, including a low debt-to-income ratio and significant cash reserves. To increase your chances of approval, work on improving your credit score by paying down credit card debt and higher-interest loans.

Is $900,000 a jumbo loan?

Yes, the conforming loan limit in 2026 for a single-family home in most parts of the U.S. is $832,750, so a $900,000 mortgage is considered a jumbo loan.

Learn more about jumbo loans:

SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

SOHL-Q425-164

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Dec

2025

Wisconsin Jumbo Mortgage Loan Calculator

By Dana Paltao | mortgage | Comments Off

Wisconsin Jumbo Loan Calculator

By SoFi Editors | Updated December 5, 2025

If you are considering purchasing a high-priced home in Wisconsin, a jumbo loan may be in your future. Our Wisconsin jumbo loan calculator helps you estimate monthly payments and total costs. Use this guide to learn more about jumbo loan limits, how jumbo mortgages differ from conforming loans, and how to effectively use a jumbo loan calculator to make an informed financial decision about buying your dream home in Wisconsin.

Key Points

• You will need a jumbo loan when your mortgage exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). The conforming loan limit for a single-family home in Wisconsin in 2026 is $ 832,750.

• A significant down payment (at least 10%) and substantial cash reserves are often necessary to qualify.

• Our jumbo loan calculator helps you estimate monthly payments, total interest, and overall costs of a jumbo mortgage.

• The Wisconsin jumbo mortgage calculator also includes property tax. It does not include homeowners insurance or HOA fees.

Wisconsin Jumbo Loan Calculator

Calculator Definitions

• Jumbo loan: A jumbo loan is a mortgage exceeding the conforming loan limits set by the Federal Housing Finance Agency (FHFA). The conforming loan limit for a single-family home in Wisconsin in 2026 is $832,750.

• Home price: The home price is the purchase price you’ve agreed upon with the home seller. It affects your estimated monthly mortgage payment, total interest paid, and overall loan cost.

• Down payment: The down payment is the initial amount paid upfront. Jumbo loan requirements can be more strict, and you’ll typically need to put down at least 10% of the home price for this type of mortgage loan.

• Loan term: The loan term — typically 30 or 15 years — is the duration to repay the mortgage. Terms of 10 or 20 years are also available. A longer term will reduce your monthly payments but increase your total interest paid; a shorter term saves on interest but increases monthly payments.

• Interest rate: The interest rate is the cost of borrowing, expressed as a percentage of the loan amount.

• Annual property tax: Property tax is a fee charged by local governments on land and structures, usually calculated as a percentage of the property’s assessed value, which may not be the same as its market value.

Recommended: Jumbo Loans vs. Conventional Loans