Mortgage on a $800K house in California
$5,184 a month with 20% down — $4,305 principal and interest plus $479 property tax and $400 insurance.
California's typical property tax is 0.72% of the home's value a year (U.S. average 0.9%), which adds $479 a month on a $800K home. The typical home in California is worth $761,538, so $800K is 5% above the typical price.
$800K home in California: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $160,000 | $640,000 | $4,305 | $0 | $879 | $5,184 | $222,200 |
| 10% down | $80,000 | $720,000 | $4,843 | $300 | $879 | $6,022 | $258,100 |
| 5% down | $40,000 | $760,000 | $5,113 | $317 | $879 | $6,308 | $270,400 |
| 3.5% down (FHA) | $28,000 | $785,510 | $5,284 | $354 | $879 | $6,517 | $279,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.72% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in California does $800K buy a typical home?
In these counties the typical home value is within 15% of $800K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Sonoma County | $782,980 | 0.7% | $5,171 |
| Contra Costa County | $768,394 | 0.83% | $5,256 |
| San Benito County | $763,020 | 0.81% | $5,247 |
| Monterey County | $841,129 | 0.63% | $5,124 |
| Mono County | $758,836 | 0.65% | $5,141 |
| Napa County | $869,491 | 0.69% | $5,165 |
| Ventura County | $869,794 | 0.68% | $5,157 |
| Los Angeles County | $871,674 | 0.68% | $5,159 |
| San Luis Obispo County | $897,661 | 0.68% | $5,161 |
| Placer County | $684,800 | 0.84% | $5,268 |
44 of 58 California counties tracked by Zillow have a typical home value at or below $800K. See all California home prices.
Other prices in California
Frequently asked questions
What is the mortgage on a $800K house in California?
About $5,184 a month with 20% down at 7.11%: $4,305 principal and interest, $479 property tax and $400 insurance.
How much do I need to make to buy a $800K house in California?
About $222,200 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $800K house in California?
At California's typical effective rate of 0.72%, about $5,748 a year. Rates vary by county and city — see the county pages.