Free · 2026 · Prop 13 · No state transfer tax

California Mortgage Calculator 2026

Estimate your full monthly payment — principal, interest, Prop 13 property tax, insurance, Mello-Roos, HOA, and PMI — with a complete amortization schedule and jumbo-loan check.

🏠 Calculate Your California Mortgage Payment
Prop 13 tip: Your California property tax is based on the price you pay (the home is reassessed at purchase), not its old assessed value — then it can rise only 2% a year. Estimate tax on your purchase price below.
California median ≈ $850,000 (C.A.R. forecasts ~$905,000 for 2026)
Prop 13 base 1% + local bonds ≈ 1.1–1.25%
CA ≈ $1,500–3,000 (wildfire risk)
Common in newer developments
LA, OC, Bay Area = high-cost
Estimated Monthly Payment
Principal & interest
Property tax (Prop 13)
Home insurance
Mello-Roos / special
PMI
HOA
Total monthly payment
Loan amount
Total interest paid
County transfer tax (1×)
Payoff

Estimate only. Rates, taxes, insurance, and Mello-Roos vary by lender, county, and property. Confirm property tax with your county assessor and the transfer tax with the county recorder.

Understanding Your California Mortgage Payment

A California mortgage payment has the same four parts as anywhere — principal, interest, taxes, and insurance (PITI) — but California's Proposition 13 property tax rules, lack of a state transfer tax, Mello-Roos districts, and high loan balances change the math in ways national calculators miss.

How California Property Tax Works Under Prop 13

Proposition 13 caps the base property tax at 1% of assessed value, and the key detail for buyers is that your assessed value is reset to the price you pay at purchase. Local voter-approved bonds and direct assessments add roughly 0.1%–0.25%, so the effective rate is usually 1.1%–1.25%. After you own the home, Prop 13 limits assessed-value growth to a maximum of 2% per year, no matter how fast the market rises — which is why long-time owners often pay far less than new buyers on an identical house. Always estimate your tax from the purchase price, not Zillow's current value.

California Has No State Transfer Tax

Unlike many states, California levies no statewide real estate transfer tax. The standard charge is the county documentary transfer tax of $1.10 per $1,000 of the sale price — about $935 on an $850,000 home. Some cities add their own transfer tax on top, and a few are very large.

LocationTransfer TaxOn an $850,000 Sale
County only (most of CA)$1.10 / $1,000~$935
City of Los Angeles*$4.50 / $1,000 + Measure ULA~$3,825 (ULA adds 4%–5.5% over ~$5.3M)
San Francisco$6.80–$30 / $1,000 (tiered)~$5,780
Oakland$10–$25 / $1,000 (tiered)~$12,750
Berkeley$15–$25 / $1,000~$12,750
San Jose$1.10 + $3.30–$15 / $1,000~$3,740

*City rates are approximate and tiered by price — confirm with the city/county recorder. This calculator estimates the standard county $1.10/$1,000 only.

Mello-Roos and Special Assessments

Many newer California subdivisions sit in a Community Facilities District (Mello-Roos), a special tax that funds local infrastructure and is billed on top of your Prop 13 tax. It commonly adds $1,000–$5,000+ per year and is not subject to the 2% Prop 13 cap. Ask the seller or HOA for the exact annual amount and enter it above so your payment estimate is realistic.

2026 Conforming Loan Limits and Jumbo Loans

Because California prices are high, loan size matters. For 2026 the conforming limit is $832,750 in standard counties and $1,249,125 in high-cost counties (Los Angeles, Orange, Santa Clara, San Francisco, San Mateo, Marin, Alameda, Contra Costa, and others). Loans above the limit are jumbo loans — typically needing a larger down payment, stronger credit, and sometimes a different rate. The calculator flags a jumbo loan when your amount exceeds the tier you select.

PMI and Your Down Payment

Put less than 20% down on a conventional loan and you'll pay private mortgage insurance — typically 0.3%–1.0% of the loan per year (this calculator uses 0.5%), which falls off near 20%–22% equity. Because 20% of an $850,000 home is $170,000, many California buyers use PMI or a CalHFA assistance program rather than wait years to save the full amount.

California Down Payment Assistance

Cutting Your Total Interest

On California's large loan balances, interest is by far the biggest lifetime cost. Adding even a modest extra principal payment each month shortens the loan and can save six figures. Enter an extra payment above to see your new payoff date and total interest saved.

Frequently Asked Questions — California Mortgages

On California's ~$850,000 median home with 20% down at 6.5% over 30 years, principal and interest are about $4,300/month. With Prop 13 property tax (~1.1%) and insurance, the all-in payment is roughly $5,300/month before HOA or Mello-Roos. Inland counties cost considerably less.
The base rate is 1% of assessed value, and your assessed value resets to the price you pay at purchase. Local bonds push the effective rate to ~1.1%–1.25%. After purchase, assessed value can rise at most 2% per year regardless of market value, so estimate from the purchase price.
No statewide transfer tax. The standard charge is the county documentary transfer tax of $1.10 per $1,000 of price (~$935 on an $850,000 home). Some cities (Los Angeles with Measure ULA, San Francisco, Oakland, Berkeley) add much higher city transfer taxes.
Mello-Roos is a Community Facilities District special tax funding infrastructure, common in newer developments. It is billed on top of your Prop 13 tax, can add $1,000–$5,000+/year, and is not capped by the 2% Prop 13 limit. Always confirm the amount before buying.
$832,750 in most counties and $1,249,125 in high-cost counties (LA, Orange, Santa Clara, San Francisco, San Mateo, Marin, Alameda, Contra Costa). Loans above the limit are jumbo loans, which usually need a bigger down payment and stronger credit.
Private mortgage insurance applies to conventional loans with less than 20% down — about 0.3%–1.0% of the loan per year (this tool uses 0.5%), ending near 20%–22% equity. With California's high prices a full 20% is large, so many buyers use PMI or CalHFA help.
CalHFA's Dream For All Shared Appreciation Loan provides up to $150,000 for first-time, first-generation buyers (repay original plus 15%–20% of appreciation). The MyHome Assistance Program offers a smaller deferred second loan. Many cities and counties add their own programs.
Wildfire risk has driven premiums above the national average and limited some insurers. Higher-risk areas may need the California FAIR Plan plus a wrap-around policy. Budget roughly $1,500–$3,000+/year and get quotes before committing.
When you buy, the county reassesses the home to your purchase price. The difference from the seller's old value creates a one-time supplemental bill for the rest of the tax year, separate from the regular bill and often not in your initial escrow. Set cash aside for it.
A 15-year loan costs more monthly but has a lower rate and far less total interest — often several hundred thousand dollars less on California's large balances. A 30-year keeps the payment manageable; adding extra principal captures much of the 15-year benefit with more flexibility.
Lenders typically want housing costs under ~28% of gross income and total debt under ~43%. An $850,000 home with 20% down at 6.5% (~$5,300/month all-in) implies roughly $190,000–$230,000 of household income to qualify comfortably — a key reason assistance programs and lower-cost counties matter.
Last updated: January 2026  ·  Sources: California State Board of Equalization (Prop 13), CalHFA, FHFA / Fannie Mae 2026 loan limits, C.A.R. 2026 forecast, Freddie Mac PMMS rates