California Mortgage Calculator
Estimate your monthly payment on a California home — pre-filled with the state's median price of about $790,000.
20.0% of the home price
Monthly Payment (P&I)
$3,994.67
Principal and interest only. Property taxes, homeowners insurance, PMI, and HOA dues are not included.
Buying in California: the numbers
The median home in California costs around $790,000. With a 20% down payment ($158,000) and a 30-year loan at 6.5%, principal and interest run about $3,994.67 per month. Add roughly $494 a month for property taxes at the state's effective rate, and the realistic payment lands near $4,488 — before homeowners insurance. Adjust the calculator above to your own price, down payment, and rate.
Property taxes in California
California's effective property tax rate of about 0.75% compares with a national average near 1.10%. Under Proposition 13, California property taxes are based on the purchase price (plus a maximum 2% annual increase) rather than current market value — so a new buyer's bill is often far higher than the previous owner's. For an exact monthly figure on any home value, use the Property Tax Calculator, and confirm what you can responsibly spend with the Affordability Calculator.
Mortgage calculators by state
California mortgage FAQs
What is the average property tax rate in California?
California's effective property tax rate is approximately 0.75%, compared with a national average of roughly 1.1%. On a median-priced CA home of about $790,000, that works out to roughly $5,925 per year.
What does a typical mortgage payment look like in California?
On a median-priced $790,000 home with 20% down and a 30-year loan at 6.5%, principal and interest come to about $3,994.67 per month, plus roughly $494 in monthly property taxes — before insurance and any HOA dues.
Does this calculator include California property taxes?
The calculator shows principal and interest. To add taxes, apply California's effective rate of about 0.75% to your target home value — our Property Tax Calculator does this for you and breaks it into a monthly amount.
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