California mortgage calculator with property tax and insurance
Median home price in California: $780,000. Effective property tax 0.75%/yr, homeowners insurance ≈ $1,600/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $7,407 | $8,028 | $264,839 |
| 15 yr | $5,785 | $6,405 | $417,220 |
| 20 yr | $5,027 | $5,648 | $582,456 |
| 30 yr | $4,363 | $4,984 | $946,715 |
Adjust the numbers
Monthly breakdown
Total interest $946,715 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $7,407 | $8,028 | $264,839 |
| 15 years | $5,785 | $6,405 | $417,220 |
| 20 years | $5,027 | $5,648 | $582,456 |
| 30 years | $4,363 | $4,984 | $946,715 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $46,605 | $5,752 | $618,248 |
| 2 | $46,158 | $6,199 | $612,049 |
| 3 | $45,677 | $6,680 | $605,369 |
| 4 | $45,159 | $7,199 | $598,170 |
| 5 | $44,600 | $7,757 | $590,413 |
| 6 | $43,997 | $8,360 | $582,053 |
| 7 | $43,348 | $9,009 | $573,044 |
| 8 | $42,649 | $9,708 | $563,336 |
| 9 | $41,895 | $10,462 | $552,875 |
| 10 | $41,083 | $11,274 | $541,601 |
| 11 | $40,208 | $12,149 | $529,452 |
| 12 | $39,265 | $13,092 | $516,359 |
| 13 | $38,249 | $14,109 | $502,251 |
| 14 | $37,153 | $15,204 | $487,047 |
| 15 | $35,973 | $16,384 | $470,662 |
| 16 | $34,701 | $17,656 | $453,006 |
| 17 | $33,330 | $19,027 | $433,979 |
| 18 | $31,853 | $20,504 | $413,475 |
| 19 | $30,261 | $22,096 | $391,379 |
| 20 | $28,546 | $23,811 | $367,568 |
| 21 | $26,697 | $25,660 | $341,908 |
| 22 | $24,705 | $27,652 | $314,257 |
| 23 | $22,559 | $29,798 | $284,458 |
| 24 | $20,245 | $32,112 | $252,346 |
| 25 | $17,753 | $34,605 | $217,742 |
| 26 | $15,066 | $37,291 | $180,451 |
| 27 | $12,171 | $40,186 | $140,265 |
| 28 | $9,051 | $43,306 | $96,959 |
| 29 | $5,689 | $46,668 | $50,291 |
| 30 | $2,066 | $50,291 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in California
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $23,400 | $347 | $6,258 |
| 5% | $39,000 | $340 | $6,142 |
| 10% | $78,000 | $322 | $5,851 |
| 15% | $117,000 | $304 | $5,561 |
| 20% | $156,000 | $0 | $4,984 |
| 25% | $195,000 | $0 | $4,711 |
Around the California median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $585,000 | $3,272 | $3,771 |
| $780,000 | $4,363 | $4,984 |
| $975,000 | $5,454 | $6,197 |
| $1,170,000 | $6,545 | $7,409 |
Detailed payment examples
FAQ
What is the average property tax rate in California?
California's effective property tax rate is about 0.75% of home value per year, which is $488 per month on a $780,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in California?
A typical California policy runs around $1,600 per year ($133 per month). Coastal and hail-prone areas can be significantly higher.
Is a $780,000 home affordable in California?
At 7.50% with 20% down, the estimated all-in payment is $4,984 per month. Using the 28% rule that implies a household income near $214,000 per year before other debts.