San Diego, CA variant. This is a San Diego, 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.
San Diego's $985,000 median home and 0.73% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in San Diego
On the $985,000 median home with 20% down ($197,000), you'd finance $788,000. At 6.5% over 30 years, P&I ≈ $4,981/month.
Add San Diego's 0.73% property tax (≈ $599/month) plus insurance for the all-in payment.
About San Diego, CA
San Diego has no city income tax, so residents pay California state income tax without an added municipal wage levy.
San Diego is a high-cost coastal housing market with elevated home prices and rents driven by desirable climate and limited supply.
San Diego's economy is shaped by a large military presence, biotechnology, defense, and tourism.
Worked example: $985,000 San Diego home
Loan $788,000 at 6.5% for 30 years → $4,981/mo P&I. Property tax ≈ $599/mo. Total before insurance ≈ $5,580/mo.
Quick reference
- Median home value: $985,000
- Median rent: $3,200/mo
- Median household income: $89,457
- Local sales tax: 7.75%
- Effective property tax rate: 0.73%
- Cost of living index: 161 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in San Diego?
About $4,981/month P&I on the $985,000 median home with 20% down at 6.5%.
What is the property tax rate in San Diego?
About 0.73% of home value per year.