San Jose, CA variant. This is a San Jose, 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 Jose's $1,410,000 median home and 0.74% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in San Jose
On the $1,410,000 median home with 20% down ($282,000), you'd finance $1,128,000. At 6.5% over 30 years, P&I ≈ $7,130/month.
Add San Jose's 0.74% property tax (≈ $870/month) plus insurance for the all-in payment.
About San Jose, CA
San Jose has no city income tax, so residents pay California state income tax without an additional municipal levy.
San Jose is among the most expensive housing markets in the United States, reflecting the concentrated wealth of Silicon Valley.
San Jose sits at the heart of Silicon Valley, with an economy dominated by the technology and semiconductor industries.
Worked example: $1,410,000 San Jose home
Loan $1,128,000 at 6.5% for 30 years → $7,130/mo P&I. Property tax ≈ $870/mo. Total before insurance ≈ $7,999/mo.
Quick reference
- Median home value: $1,410,000
- Median rent: $3,450/mo
- Median household income: $136,010
- Local sales tax: 9.375%
- Effective property tax rate: 0.74%
- Cost of living index: 196 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in San Jose?
About $7,130/month P&I on the $1,410,000 median home with 20% down at 6.5%.
What is the property tax rate in San Jose?
About 0.74% of home value per year.