Calculate your monthly mortgage payment in California. Pre-filled with California's median home price of $793,600 and an average property tax rate of 0.71%.
Est. Monthly Payment
$4,919
Principal & Interest
$4,118
Property Tax / mo
$470
Total Interest Paid
$847,535
| Home Price | $793,600 | Median home price in California (2025) |
| Down Payment | 20% ($158,720) | Typical down payment percentage |
| Loan Amount | $634,880 | Home price minus down payment |
| Interest Rate | 6.75% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.71% / year | California average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
CalHFA Dream For All, CalHFA Conventional, MyHome Assistance
Cost of living: Very High · Population: 39,538,223
California has a median home price of approximately $793,600, placing it above the national median. With a 20% down payment of $158,720, a typical buyer would finance $634,880 over 30 years. At a 6.75% fixed rate, the monthly principal and interest payment comes to $4,118.
Property taxes in California average 0.71% of the assessed home value annually — one of the moderate rates in the country. Combined with an estimated $331 for homeowners insurance, your all-in monthly housing cost is approximately $4,919.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $210,807 to qualify comfortably. The median household income in California is $91,905.
