Fresno Mortgage Calculator
Estimate your monthly mortgage payment in Fresno, CA. On the local median home value of $395,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $2,353. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$1,997
- Property Tax$247
- Home Insurance$108
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $23,968 | $3,532 | $20,436 | $312,468 |
| 2 | $23,968 | $3,769 | $20,199 | $308,699 |
| 3 | $23,968 | $4,021 | $19,947 | $304,678 |
| 4 | $23,968 | $4,290 | $19,678 | $300,388 |
| 5 | $23,968 | $4,578 | $19,390 | $295,811 |
| 6 | $23,968 | $4,884 | $19,084 | $290,927 |
| 7 | $23,968 | $5,211 | $18,757 | $285,715 |
| 8 | $23,968 | $5,560 | $18,408 | $280,155 |
| 9 | $23,968 | $5,933 | $18,035 | $274,222 |
| 10 | $23,968 | $6,330 | $17,638 | $267,893 |
| 11 | $23,968 | $6,754 | $17,214 | $261,139 |
| 12 | $23,968 | $7,206 | $16,762 | $253,933 |
| 13 | $23,968 | $7,689 | $16,279 | $246,244 |
| 14 | $23,968 | $8,204 | $15,764 | $238,040 |
| 15 | $23,968 | $8,753 | $15,215 | $229,287 |
| 16 | $23,968 | $9,339 | $14,629 | $219,948 |
| 17 | $23,968 | $9,965 | $14,003 | $209,983 |
| 18 | $23,968 | $10,632 | $13,336 | $199,351 |
| 19 | $23,968 | $11,344 | $12,624 | $188,006 |
| 20 | $23,968 | $12,104 | $11,864 | $175,902 |
| 21 | $23,968 | $12,915 | $11,053 | $162,988 |
| 22 | $23,968 | $13,780 | $10,188 | $149,208 |
| 23 | $23,968 | $14,702 | $9,266 | $134,506 |
| 24 | $23,968 | $15,687 | $8,281 | $118,819 |
| 25 | $23,968 | $16,738 | $7,230 | $102,081 |
| 26 | $23,968 | $17,859 | $6,109 | $84,223 |
| 27 | $23,968 | $19,055 | $4,913 | $65,168 |
| 28 | $23,968 | $20,331 | $3,637 | $44,837 |
| 29 | $23,968 | $21,692 | $2,276 | $23,145 |
| 30 | $23,968 | $23,145 | $823 | $0 |
Swipe the table sideways to see all columns →
How to use this calculator
The Home Price field is pre-filled with the median home value in Fresno (about $395,000). Override with your target home's actual price to get a payment estimate for that specific property.
The Property Tax Rate is pre-filled with California's average effective rate of 0.75%. Within California, rates vary by county — if you know your specific local rate, override it for a more precise estimate.
Adjust the Down Payment slider to see how your payment changes. Below 20% down triggers PMI; the calculator adds it automatically and shows a warning.
Scroll down for the full PITI breakdown, monthly payment pie chart, and complete month-by-month amortization schedule.
How it works
Buying a median-priced home in Fresno. At $395,000 with a 20% down payment, you'd bring $79,000 to closing (plus closing costs) and take out a $316,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $1,997.
Annual costs on top of the loan. California's average property tax rate is 0.75%, so a median-priced Fresno home generates approximately $2,963 in annual property tax (about $247/mo when paid through escrow). Homeowner's insurance in California averages around $1,300/year.
Total monthly payment (PITI) on the median Fresno home works out to about $2,353 per month at current rates, assuming a 20% down payment and no HOA. If you're putting less than 20% down, add PMI to this — typically 0.5–1.5% of the loan balance per year.
Rates change; this is the math, not the offer. Mortgage rates fluctuate daily. Our default of 6.50% is a recent conventional 30-year benchmark — enter today's quoted rate from your lender for the most accurate payment estimate.
Frequently Asked Questions
Looking for a different city? Browse all cities. For California-specific property taxes, see the California Property Tax Calculator.