California Mortgage Rates

California Mortgage Calculator

Calculate your mortgage payment with current CArates. Today's average 30-year fixed rate: 6.25%

Current California Mortgage RatesUpdated: 2026-02-05

Click on a rate to use it in the calculator. Rates shown are averages and may vary based on credit score, down payment, and lender.

Avg. Home Price

$785,000

Property Tax Rate

0.76%

FHA Loan Limit

$1,149,825

Major Cities

Los Angeles, San Francisco, San Diego

Major Metropolitan Areas in California

Los AngelesSan FranciscoSan DiegoSan JoseSacramentoOaklandFresnoLong Beach

Loan Details

Home Price

Down Payment

Loan Term

Interest Rate

Property Tax (Annually)

Homeowners Insurance (Annually)

HOA Fees (Monthly)

Monthly Payment

$4,488.87

Payment Breakdown

Principal & Interest$3,866.70

Property Tax$497.17

Homeowners Insurance$125.00

HOA Fees$0.00

Total Monthly Payment$4,488.87

Loan DetailsCalculate

Loan Amount$628,000.00

Total Interest Paid$764,013.45

Total Cost of Loan$1,549,013.45

Payoff DateMarch 2056

Payment Breakdown

Loading chart…

Amortization Schedule

#	Date	Principal	Interest	Balance
1	Apr 2026	$595.87	$3,270.83	$627,404.13
2	May 2026	$598.97	$3,267.73	$626,805.16
3	Jun 2026	$602.09	$3,264.61	$626,203.06
4	Jul 2026	$605.23	$3,261.47	$625,597.83
5	Aug 2026	$608.38	$3,258.32	$624,989.45
6	Sep 2026	$611.55	$3,255.15	$624,377.90
7	Oct 2026	$614.74	$3,251.97	$623,763.16
8	Nov 2026	$617.94	$3,248.77	$623,145.23
9	Dec 2026	$621.16	$3,245.55	$622,524.07
10	Jan 2027	$624.39	$3,242.31	$621,899.68
11	Mar 2027	$627.64	$3,239.06	$621,272.04
12	Mar 2027	$630.91	$3,235.79	$620,641.12

How to Use This Mortgage Calculator

Loan Details

Enter the Home Price and your planned Down Payment (amount or percentage). The calculator will automatically determine the loan amount.

Terms & Rates

Select your Loan Term (e.g., 30 years) and enter the current Interest Rate. This determines your monthly principal and interest.

Taxes & Insurance

Input estimated Property Tax and Home Insurance to see your full PITI (Principal, Interest, Taxes, Insurance) payment.

HOA & P.M.I.

Add any HOA Fees. The calculator automatically checks if you need Private Mortgage Insurance (PMI) based on your down payment.

Analyze Results

Review the Payment Breakdown chart and check the Amortization Schedule to see how your balance decreases over time.

Share & Save

Use the action buttons to Print, Email, or Save your calculation for later reference.

Was this calculator helpful?

Was this helpful?

Let us know so we can keep improving it.

FAQ

California Mortgage Calculator FAQ

Everything you need to know about mortgage rates, home prices, and buying a house in California

The current average 30-year fixed mortgage rate in California is 6.25%. The 15-year fixed rate averages 5.58%, and the 5/1 ARM averages 6.02%. Rates vary by lender, credit score, and down payment.

The average home price in California is $785,000, with a median price of $728,500. Prices vary significantly by location, with major areas like Los Angeles, San Francisco, San Diego typically commanding higher prices.

The average property tax rate in California is 0.76% of assessed home value. For a home valued at $785,000, this means approximately $5,966 per year in property taxes.

The FHA loan limit in California is $1,149,825 for single-family homes. This is the maximum mortgage amount you can borrow with an FHA loan, which requires a minimum down payment of 3.5%.

Use our California mortgage calculator above to estimate your monthly payment. Enter the home price, your down payment, loan term, and interest rate. The calculator includes property taxes, insurance, and PMI to give you a complete picture of your monthly costs.

Most lenders in California require a minimum credit score of 620 for conventional loans and 580 for FHA loans. However, to qualify for the best mortgage rates around 6.25%, you typically need a credit score of 740 or higher.

CA Current Rates

Today's average mortgage rates in California:

30-Year Fixed6.25%
15-Year Fixed5.58%
5/1 ARM6.02%

CA Housing Market

Key California real estate statistics:

Avg. Home Price$785,000
Median Price$728,500
Property Tax0.76%
FHA Limit$1,149,825

Major CA Cities

Popular metropolitan areas:

•Los Angeles
•San Francisco
•San Diego
•San Jose
•Sacramento
•Oakland