Using a 4th gen Intel Processor on a newer motherboard

AsuraWorld

Prominent
Jun 18, 2017
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I'm building my own computer for the first time and since I'm on a budget I wanted to save money on components. I would like to use my old Intel i3 4150 processor I got from an Asus ROG G20 (I would need to buy a heatsink for it as well). While I plan on upgrading this to an i5 6600, or 7600 processor not long after, I was wondering if this motherboard I picked out actually allows me to do that. I was also going to use the graphics card (Nvidia GTX 745) and the HDD that came with it. Now, I plan on changing out the CPU and the graphics card. However I would like a proper computer in place since I can't afford those right away. So I was wondering if the motherboard (which also only supports DDR4 2133 RAM) is compatible with my processor. I also haven't picked out a power supply yet, which I believe is a factor in the compatibility of the system. So for reference I currently plan on getting an Intel i5 7600 processor
and a Nvidia GTX 1070 graphics card.

This is the motherboard - https://www.newegg.ca/Product/Product.aspx?Item=N82E16813130918&cm_re=gaming_motherboard-_-13-130-918-_-Product