Jumbo Loan Rates in Ohio
See current jumbo mortgage rates in OH, compare purchase and refinance options, and learn when a loan amount exceeds local conforming loan limits.
Current Ohio Jumbo Mortgage Rates
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| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|---|---|---|---|
| Jumbo 30-Year Fixed | 7.125% | 7.336% | 1.900 | $6,400 |
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|---|---|---|---|
| Jumbo 30-Year Refinance | 7.000% | 7.243% | 2.150 | $6,320 |
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|
| Loan Type | Rate | APR | Points | Est. Monthly Payment |
|---|
Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.336% APR and $6,400 monthly payment at 70% loan-to-value (LTV) and 1.900 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 9, 2026.
Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.243% APR and $6,320 monthly payment at 70% loan-to-value (LTV) and 2.150 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 9, 2026.
Fixed 20-Year HELOC: Interest rate offered based on $100,000 loan amount with 9.500% APR and $932 monthly payment at 20% loan-to-value (LTV) and 0.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Fixed 30-Year HELOC: Interest rate offered based on $100,000 loan amount with 10.000% APR and $877 monthly payment at 20% loan-to-value (LTV) and 0.000 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.
Home equity lines shown assume a 3-year draw period, a $25,000 minimum initial draw, a $99 annual fee, a $100 minimum payment. Repayment period is 204 and 324 months, following the draw period. Terms are an example only and vary by line amount, property and credit profile.
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Rates as of November 6, 2026 · Avg Ohio property tax: 1.75% · Avg annual home insurance: $2,278
In Ohio, a mortgage above $832,750 is a jumbo loan in every county for 2026. Today’s 30-year jumbo rate is 7.125%, compared with 6.875% for a conforming conventional loan.
What it costs when you need a jumbo loan in Ohio's largest cities
How much home you can buy before you need a jumbo loan, and what that home costs each month at today's Ohio rates of 7.125% (7.336% APR, 30-year jumbo) and 6.875% (7.171% APR, 30-year conventional). Median prices are for each city.
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,293
- Est. homeowners insurance
- $187
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,839
- Est. homeowners insurance
- $186
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,353
- Est. homeowners insurance
- $191
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,648
- Est. homeowners insurance
- $192
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,379
- Est. homeowners insurance
- $176
- Principal & interestat 7.125% (7.336% APR)
- $5,611
- Est. property tax
- $1,605
- Est. homeowners insurance
- $207
Payments include principal and interest at today’s rates (7.125% with a 7.336% APR for 30-year jumbo; 6.875% with a 7.171% APR for 30-year conventional), estimated property taxes, and estimated homeowners insurance. They do not include private mortgage insurance on conventional loans with less than 20% down, or HOA dues. These examples are based on median prices, not the sample loan used in the rate table above.
Where you’d need a jumbo loan in Ohio
A loan is a jumbo loan when it’s above the county’s 2026 conforming limit. Here’s the home price where that happens in each city, and whether the median home in each one crosses it.
Home price where a loan becomes jumbo, by down payment.
| City | County limit | Jumbo above (20% down) | Jumbo above (10% down) | Median home |
|---|---|---|---|---|
| ColumbusFranklin County | $832,750 | $1,040,938 | $925,278 | $270,000Conforming with 20% down |
| ClevelandCuyahoga County | $832,750 | $1,040,938 | $925,278 | $134,900Conforming with 20% down |
| CincinnatiHamilton County | $832,750 | $1,040,938 | $925,278 | $299,900Conforming with 20% down |
| ToledoLucas County | $832,750 | $1,040,938 | $925,278 | $130,000Conforming with 20% down |
| AkronSummit County | $832,750 | $1,040,938 | $925,278 | $149,900Conforming with 20% down |
| DaytonMontgomery County | $832,750 | $1,040,938 | $925,278 | $171,900Conforming with 20% down |
Jumbo vs. conforming rates in Ohio
Today the jumbo rate is 0.250 percentage points higher than the conforming rate. Here’s what borrowing $50,000 past the limit adds to the monthly payment.
Principal and interest, 30-year fixed, at today’s conforming rate of 6.875% (7.171% APR) and jumbo rate of 7.125% (7.336% APR).
| Cities | Loan at the limit (conforming) | Limit + $50,000 (jumbo) | Difference |
|---|---|---|---|
| All cities shown$832,750 limit | $5,471/mo$832,750 at 6.875% (7.171% APR) | $5,947/mo$882,750 at 7.125% (7.336% APR) | +$477/mo |
Stay conforming or go jumbo in Ohio?
Compare putting more down to keep the loan at the conforming limit with taking a jumbo loan and 20% down. Where the median home already fits under the limit with 20% down, the example uses a home priced about 15% above that point.
Principal and interest, 30-year fixed, at today’s Ohio conforming rate of 6.875% (7.171% APR) and jumbo rate of 7.125% (7.336% APR).
| City | Stay conforming | Jumbo with 20% down |
|---|---|---|
| ColumbusExample $1,198,000 home (median $270,000 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
| ClevelandExample $1,198,000 home (median $134,900 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
| CincinnatiExample $1,198,000 home (median $299,900 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
| ToledoExample $1,198,000 home (median $130,000 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
| AkronExample $1,198,000 home (median $149,900 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
| DaytonExample $1,198,000 home (median $171,900 fits under the limit) | $5,471/mo$365,250 down (30%), $832,750 loan | $6,457/mo$239,600 down, $958,400 loan |
Payments are principal and interest only, at the rates and APRs above; taxes and insurance are the same either way and are shown in the cost cards above. Jumbo loans often have stricter credit, reserve and down payment requirements than conforming loans.
Jumbo refinance rates in Ohio
On a $982,750 jumbo balance, principal and interest at 7.000% (7.243% APR) is about $6,538 a month. If your balance has dropped to $832,750 or less, refinancing into a conforming loan at 7.000% may be an option. Rates as of November 6, 2026.
How much income do you need to buy a home in Ohio?
A common lender guideline is to keep your total housing payment at or below 28% of your gross monthly income, which is what you earn before taxes and other deductions. Based on that guideline, here's the yearly household income needed for the median home in each city:
What lenders look at: Lenders also look at your debt-to-income (DTI) ratio, which adds your car, student loan and credit card payments to the new mortgage payment. Depending on the loan program and your credit, many lenders allow total debts of roughly 43% to 50% of gross income, so you may qualify with less income than shown, or need more if you carry other debt.
Household income counts: If you're buying with a partner or co-borrower, lenders can combine your incomes.
How much do jumbo loan rates change your payment in Ohio's largest cities?
Monthly principal and interest at today’s 7.125% (7.336% APR) on each home with the smallest jumbo loan and 20% down (Jumbo). Every 0.25% change in rate is worth about $141 a month.
Monthly P&I in Ohio's largest cities at today's 7.125% (7.336% APR) and nearby rates on each city's example loan. APR is shown for today’s rate only; your APR at other rates depends on points and fees.
| City | 6.375% | 6.625% | 6.875% | 7.125% today | 7.375% |
|---|---|---|---|---|---|
| All cities shown$832,800 loan | $5,196 | $5,333 | $5,471 | $5,611 | $5,752 |
2026 conforming loan limits in Ohio
Every Ohio county uses the same 2026 one-unit conforming loan limit of $832,750. A loan above the limit is a jumbo loan. See Ohio FHA loan limits for the HUD-set FHA caps.
| County | 1-Unit Limit | 2-Unit | 3-Unit | 4-Unit |
|---|
Limits are for one-unit homes; two- to four-unit limits are higher. Max prices assume the loan equals the limit and do not include financed fees.
How to make a home in Ohio more affordable
- Negotiate on price. In an average Ohio city, about 25% of listings have had a price cut, so many sellers are open to offers.
- Ask for seller concessions. Homes take about 38 days to sell on average in Ohio cities, 7 more than last year. Sellers may cover closing costs or pay for a rate buydown.
- Consider buying down your rate. In an average Ohio city, a rate 0.5% lower saves about $278 a month on the example loan.
- Put more down to stay conforming. In Ohio cities, the 2026 conforming limit is $832,750, so 20% down keeps the loan at or under the limit on a home up to $1,040,938, which avoids jumbo underwriting.
How we calculated the market figures above: simple averages across the 5 Ohio cities above (Columbus, Cleveland, Cincinnati, Toledo and Akron), using Movoto market trends data for each city. Price cuts are the share of active listings with a price reduction. Days to sell is days on market, compared with a year earlier. The rate saving is the drop in monthly principal and interest on each city’s example loan from today’s 7.125% (7.336% APR) to a rate 0.5% lower. Limits are FHFA 2026 one-unit limits for each city’s county.
Ohio jumbo loan FAQs
What are jumbo loan rates in Ohio today?
As of November 6, 2026, Lower’s 30-year jumbo rate is 7.125% (7.336% APR) and the 30-year fixed conventional rate is 6.875% (7.171% APR). Your rate depends on your credit, down payment, loan amount and any points you pay. See the rate table above for points and full details.
What is the monthly payment on a median-priced home in Ohio's largest cities?
With 20% down (Conventional) at 6.875% (7.171% APR), the monthly payment on the median home is about $1,942 in Columbus ($270,000 median), about $1,134 in Cleveland ($134,900 median), about $2,157 in Cincinnati ($299,900 median), about $1,081 in Toledo ($130,000 median), about $1,162 in Akron ($149,900 median) and about $1,375 in Dayton ($171,900 median). Payments include principal and interest at that rate and APR, estimated property taxes and estimated homeowners insurance.
How much income do you need to buy a home in Ohio?
To keep housing costs at 28% of gross (pre-tax) income, you’d need a household income of about $46,332 a year in Toledo to about $92,432 in Cincinnati to buy the median home with 20% down (Conventional). Lenders also consider your other debts, so the income you need may be higher or lower.
How much home can I buy in Ohio before I need a jumbo loan?
The 2026 one-unit conforming loan limit in every Ohio county is $832,750. With 20% down, you can buy a home up to about $1,040,938 before the loan becomes a jumbo loan, or about $876,579 with 5% down. Jumbo status depends on the loan amount, not the price.
What is considered a jumbo loan in Ohio?
A jumbo loan is any mortgage above the county’s conforming loan limit. In Ohio, that’s $832,750 in every county for 2026.
How do jumbo rates compare with conforming rates in Ohio?
As of November 6, 2026, Lower’s 30-year jumbo rate is 7.125% (7.336% APR) and the 30-year conforming rate is 6.875% (7.171% APR), a difference of 0.250 percentage points. In Columbus, borrowing $50,000 past the $832,750 limit at the jumbo rate of 7.125% (7.336% APR) raises principal and interest from about $5,471 to $5,947 a month.
Is it a buyer’s or seller’s market in Ohio's largest cities right now?
In the latest Movoto market trends data, homes sold in about 53 days in Columbus (8 days slower), 34 days in Cleveland (1 day slower), 43 days in Cincinnati (7 days slower), 28 days in Toledo (8 days slower), 32 days in Akron (10 days slower) and 46 days in Dayton (11 days slower), compared with a year earlier. Price cuts were most common in Columbus, where about 31% of listings have been reduced. Most of these markets are slower than last year, which generally gives buyers more room to negotiate.
How much does a quarter-point rate change affect payments in Ohio?
On the smallest-jumbo-loan examples above, at today’s 7.125% (7.336% APR), each 0.25% change in rate moves principal and interest by about $141 a month, or $1,695 a year.
How much are property taxes in Ohio's largest cities?
Lower estimates yearly property taxes, as a share of a home’s value, at about 1.49% in Columbus ($335 a month on the median home), 2.12% in Cleveland ($238 a month on the median home), 1.56% in Cincinnati ($390 a month on the median home), 1.90% in Toledo ($206 a month on the median home), 1.59% in Akron ($199 a month on the median home) and 1.85% in Dayton ($265 a month on the median home). Your actual bill depends on your assessed value, local levies and any exemptions.
What first-time homebuyer programs are available in Ohio?
Every state has a housing finance agency (HFA) that runs first-time homebuyer programs, including down payment assistance, below-market mortgage rates and mortgage credit certificates. In Ohio, check with the state HFA to see what you qualify for. These programs can usually be combined with a conforming or FHA loan, so ask Lower whether the assistance you qualify for can be paired with your loan.
Jumbo loan guides
Related Ohio mortgage pages
Movoto market trends data, September 2026, for each city. Cities are the state's largest by Census Bureau population estimates (Vintage 2024) among cities with Movoto data; where a city has too few sales, the next-busiest markets by homes sold fill in. Conforming loan limits: FHFA, 2026. Property tax estimates use county effective rates from the American Community Survey; homeowners insurance estimates are average annual premiums from The Zebra; your quote will vary. Rates as of November 6, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.
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