Fresno, CA variant. This is a Fresno, CA-specific version of the Mortgage Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Mortgage Calculator.
Fresno's $405,000 median home and 0.79% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Fresno
On the $405,000 median home with 20% down ($81,000), you'd finance $324,000. At 6.5% over 30 years, P&I ≈ $2,048/month.
Add Fresno's 0.79% property tax (≈ $267/month) plus insurance for the all-in payment.
About Fresno, CA
Fresno is subject to California's state income and sales taxes, which are among the higher tax structures in the country.
Fresno's home prices are more affordable than coastal California cities, though still above the national average.
Fresno sits at the heart of California's Central Valley agriculture, with a cost of living above the national average.
Worked example: $405,000 Fresno home
Loan $324,000 at 6.5% for 30 years → $2,048/mo P&I. Property tax ≈ $267/mo. Total before insurance ≈ $2,315/mo.
Quick reference
- Median home value: $405,000
- Median rent: $1,700/mo
- Median household income: $64,207
- Local sales tax: 8.35%
- Effective property tax rate: 0.79%
- Cost of living index: 109 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Fresno?
About $2,048/month P&I on the $405,000 median home with 20% down at 6.5%.
What is the property tax rate in Fresno?
About 0.79% of home value per year.