Skip to content
Calculators ▾

California mortgage calculator

Pre-filled for California: the median home value ($760,000) and the state's effective property tax rate of 0.71%. Change anything to match your home.

Home price
Down payment$152,000
%
Interest rateAPR, fixed
%
Loan term
Extra monthly paymenttoward principal
/ mo

Estimated monthly payment

$4,442.64

Loan $608,000 · 20% down

  • Principal & interest$3,842.97
  • Property tax$449.67
  • Home insurance$150.00
See the month-by-month schedule →
Total interest
$775,473
Total cost
$1,599,354
Payoff time
30 yr
PMI paid
None

Principal vs. interest by year

1: Principal 6,796, Interest 39,32012: Principal 7,251, Interest 38,8653: Principal 7,736, Interest 38,3794: Principal 8,255, Interest 37,86145: Principal 8,807, Interest 37,3086: Principal 9,397, Interest 36,7187: Principal 10,027, Interest 36,0898: Principal 10,698, Interest 35,41889: Principal 11,415, Interest 34,70110: Principal 12,179, Interest 33,93711: Principal 12,995, Interest 33,12112: Principal 13,865, Interest 32,2511213: Principal 14,794, Interest 31,32214: Principal 15,784, Interest 30,33115: Principal 16,841, Interest 29,27416: Principal 17,969, Interest 28,1461617: Principal 19,173, Interest 26,94318: Principal 20,457, Interest 25,65919: Principal 21,827, Interest 24,28920: Principal 23,289, Interest 22,8272021: Principal 24,848, Interest 21,26722: Principal 26,512, Interest 19,60323: Principal 28,288, Interest 17,82824: Principal 30,182, Interest 15,9332425: Principal 32,204, Interest 13,91226: Principal 34,361, Interest 11,75527: Principal 36,662, Interest 9,45428: Principal 39,117, Interest 6,9992829: Principal 41,737, Interest 4,37930: Principal 44,536, Interest 1,58430
PrincipalInterest

Amortization schedule by year

YearPrincipalInterestBalance
1$6,796$39,320$601,204
2$7,251$38,865$593,953
3$7,736$38,379$586,217
4$8,255$37,861$577,962
5$8,807$37,308$569,155
Monthly payment$4,442.64

Ask Numlight

Ask in plain English. Every number comes from our tested calculators.

Educational only, not financial advice. Your question is processed by our AI provider; please don't include personal details.

California at a glance

Effective property tax
0.71%
Rank (1 = highest)
32nd of 51
Median home value
$759,500
Median tax bill
$5,369/yr

On the same $400,000 home, property tax in California adds about $236.67/month, versus $296.67/month at the national rate.

California mortgage payments by home price

Home pricePrincipal & interestProperty taxTotal / month
$375,000$1,896.20$221.87$2,268.07
$575,000$2,907.51$340.21$3,397.72
$750,000$3,792.41$443.75$4,386.16
$1,150,000$5,815.03$680.42$6,645.45
$1,525,000$7,711.23$902.29$8,763.52

20% down, 6.5% 30-year fixed (example rate), 0.71% property tax, $1,800/yr insurance, no HOA. Also see: how much house you can afford in California.

Mortgage calculators for other states

Assumptions

  • Fixed interest rate for the full term.
  • Property tax, insurance and HOA stay constant (in reality they usually rise over time).
  • PMI applies only when the loan is over 80% of the home price, and stops once the balance reaches 78% of the original price.
  • Extra payments go entirely to principal.
  • California figures: Effective rate = ACS median real estate taxes paid ÷ ACS median value, owner-occupied housing units, by state. Source: US Census Bureau ACS 2024.

Frequently asked questions

What is the property tax rate in California?+

The effective property tax rate in California is about 0.71% of home value a year (median taxes paid $5,369 on a median home worth $759,500). That's the 32nd highest of 50 states and DC, and lower than the national 0.89%. Your actual bill depends on your county, city and exemptions.

What's the mortgage payment on a median-priced home in California?+

For a $760,000 home with 20% down at an example 6.5% 30-year rate, the payment is about $4,442.64 a month, including $449.67 of property tax and $150.00 of insurance.

How much income do I need to buy a home in California?+

To afford the median California home ($760,000) under the 28/36 guideline with 10% down and no other debts, you'd need roughly $224,000 a year in gross income at a 6.5% rate.

Related calculators

Home affordability calculatorHow much house can I afford? Mortgage payoff calculatorHow much sooner can I pay off my mortgage? Mortgage refinance calculatorShould I refinance my mortgage? VA loan calculatorVA loan payment with the funding fee FHA loan calculatorFHA loan payment with mortgage insurance Conventional loan & PMI calculatorWhen will my PMI go away?

Last reviewed October 14, 2026. Calculator version 1.0.0. Sources: US Census Bureau, ACS 2024 1-year, Table B25103 (Median Real Estate Taxes Paid) · US Census Bureau, ACS 2024 1-year, Table B25077 (Median Value, Owner-Occupied). Results are estimates for educational purposes, not financial, tax or lending advice. How we check our numbers.