California
California Mortgage Calculator
Pre-filled for California: median home price $765,000, average property tax rate 0.71%. Adjust any slider to make it yours.
Highest top marginal income tax rate in the country.
Buying a home in California
The median home price in California is around $765,000, and the effective property tax rate averages 0.71%. Most lenders look for a debt-to-income (DTI) ratio under 43%, meaning your total monthly debt payments (including this mortgage) shouldn't exceed 43% of your gross income.