California Mortgage Calculator
Calculate your monthly mortgage payment in California. Pre-filled with California's average property tax rate of 0.71%. See principal, interest, PMI, property taxes, and insurance.
$70,000
Monthly Payment Breakdown
Loan Summary
See how this mortgage fits your financial plan
Your estimated payment is $2,077/month. See how it fits alongside your income, savings, investments, and other expenses over time.
Try the Full SimulatorCalifornia Housing Overview
California has an average property tax rate of 0.71%. California's cost of living is approximately 38% above the national average, with housing costs in San Francisco and LA exceeding the national average by 100% or more.
Buying a Home in California
If you're considering buying a home in California, understanding the local housing market and costs is essential. Property taxes, insurance rates, and home prices vary significantly by area within the state. This calculator pre-fills California's average property tax rate of 0.71% to give you a more accurate estimate.
California Property Taxes
California has an average effective property tax rate of 0.71%. Property taxes are a significant component of your monthly housing cost — on a $350,000 home, a 0.71% rate means approximately $2485 per year, or $207 per month in property taxes alone.
Cost of Living in California
California's cost of living is approximately 38% above the national average, with housing costs in San Francisco and LA exceeding the national average by 100% or more. When evaluating whether to buy a home in California, consider how your mortgage payment plus other housing costs fit within the recommended 28% of gross income guideline.
Financial Tips for California Homebuyers
- Maximize pre-tax deductions like 401(k) and HSA to reduce your California tax burden
- California's SDI payroll tax (1.1%) is an additional cost beyond income tax — factor it into your budget
- Consider the high cost of living in major metros like San Francisco and LA when evaluating job offers
- California does not tax Social Security benefits, which benefits retirees
- If you work remotely for an out-of-state employer, you may still owe California taxes if you live here
Key California Features
- Highest state income tax (13.3%)
- 9 progressive tax brackets
- SDI payroll tax (1.1%)
- No tax on Social Security benefits
- High cost of living in major metros
See How Your California Mortgage Fits Your Financial Plan
This calculator shows your California mortgage payment. Trajectoryy's full simulator shows how that payment fits alongside your income, taxes, savings, investments, and more.
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