Assumptions for Conforming loans
Loan amount: $200,000
Property value: $250,000
Assumptions for Jumbo loans
Loan amount: $450,000
Property value: $562,500
Assumptions for both Conforming and Jumbo loans
Points: 0 points
Type of property: Owner-occupied, single family residence
Loan use: Purchase or refinance existing balance
Prepayment penalty: None