State-specific mortgage calculator
California mortgage calculator
Estimate your monthly mortgage payment in California using real recent borrower rates plus California-specific property tax and insurance defaults. Every input is editable; the rate you see updates from recent borrower submissions as you change credit score, loan type, or term.
California’s effective property tax rate is held down by Prop 13, but high purchase prices mean even the modest rate produces some of the largest absolute tax bills in the country.
Median home price
$775,000
California 2024-25
20% down payment
$155,000
Loan $620,000
Property tax
0.75%
~$484/mo on this example
Insurance
$1,700
~$142/mo
Mortgage calculator
Your rate starts at this week’s Freddie Mac national average. Change it to the rate you were actually quoted.
Your scenario
Estimated monthly payment
$3,096
Principal & interest$2,571
Property tax$317
Home insurance$208
Loan amount
$400,000
LTV 80.0%
Total interest paid
$525,383
over 30 years
Total cost of loan
$925,383
excluding tax + insurance
What a better rate is worth
Principal + interest on your $400,000 loan at nearby rates.
| Rate | Monthly P+I | vs yours / mo | Over 5 years |
|---|---|---|---|
| 6.160% | $2,440 | −$131 | −$7,860 |
| 6.410% | $2,505 | −$66 | −$3,952 |
| 6.660%yours | $2,571 | — | — |
| 6.910% | $2,637 | +$67 | +$3,994 |
Year-by-year amortization schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | $4,337 | $26,509 | $395,663 |
| 2 | $4,635 | $26,211 | $391,028 |
| 3 | $4,953 | $25,893 | $386,075 |
| 4 | $5,293 | $25,553 | $380,782 |
| 5 | $5,657 | $25,190 | $375,126 |
| 6 | $6,045 | $24,801 | $369,081 |
| 7 | $6,460 | $24,386 | $362,621 |
| 8 | $6,904 | $23,942 | $355,717 |
| 9 | $7,378 | $23,468 | $348,339 |
| 10 | $7,885 | $22,962 | $340,454 |
| 11 | $8,426 | $22,420 | $332,028 |
| 12 | $9,005 | $21,842 | $323,024 |
| 13 | $9,623 | $21,223 | $313,401 |
| 14 | $10,284 | $20,562 | $303,117 |
| 15 | $10,990 | $19,856 | $292,127 |
| 16 | $11,745 | $19,101 | $280,383 |
| 17 | $12,551 | $18,295 | $267,832 |
| 18 | $13,413 | $17,433 | $254,419 |
| 19 | $14,334 | $16,512 | $240,084 |
| 20 | $15,318 | $15,528 | $224,766 |
| 21 | $16,370 | $14,476 | $208,396 |
| 22 | $17,495 | $13,352 | $190,901 |
| 23 | $18,696 | $12,150 | $172,205 |
| 24 | $19,980 | $10,866 | $152,225 |
| 25 | $21,352 | $9,494 | $130,873 |
| 26 | $22,818 | $8,028 | $108,055 |
| 27 | $24,385 | $6,461 | $83,670 |
| 28 | $26,060 | $4,787 | $57,611 |
| 29 | $27,849 | $2,997 | $29,762 |
| 30 | $29,762 | $1,085 | $0 |
Principal + interest only; excludes tax, insurance, and PMI.
More on California mortgage rates
Real California borrower rates →
See what California borrowers actually received in the last 30 days, plus credit unions California residents can join.
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