Los Angeles Mortgage Calculator
Estimate your monthly mortgage payment in Los Angeles, CA. On the local median home value of $950,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $5,506. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$4,804
- Property Tax$594
- Home Insurance$108
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $57,645 | $8,495 | $49,150 | $751,505 |
| 2 | $57,645 | $9,064 | $48,581 | $742,442 |
| 3 | $57,645 | $9,671 | $47,974 | $732,771 |
| 4 | $57,645 | $10,318 | $47,326 | $722,453 |
| 5 | $57,645 | $11,009 | $46,635 | $711,443 |
| 6 | $57,645 | $11,747 | $45,898 | $699,697 |
| 7 | $57,645 | $12,533 | $45,111 | $687,163 |
| 8 | $57,645 | $13,373 | $44,272 | $673,791 |
| 9 | $57,645 | $14,268 | $43,376 | $659,522 |
| 10 | $57,645 | $15,224 | $42,421 | $644,299 |
| 11 | $57,645 | $16,243 | $41,401 | $628,055 |
| 12 | $57,645 | $17,331 | $40,313 | $610,724 |
| 13 | $57,645 | $18,492 | $39,153 | $592,232 |
| 14 | $57,645 | $19,730 | $37,914 | $572,501 |
| 15 | $57,645 | $21,052 | $36,593 | $551,449 |
| 16 | $57,645 | $22,462 | $35,183 | $528,988 |
| 17 | $57,645 | $23,966 | $33,679 | $505,022 |
| 18 | $57,645 | $25,571 | $32,074 | $479,451 |
| 19 | $57,645 | $27,284 | $30,361 | $452,167 |
| 20 | $57,645 | $29,111 | $28,534 | $423,056 |
| 21 | $57,645 | $31,060 | $26,584 | $391,996 |
| 22 | $57,645 | $33,141 | $24,504 | $358,855 |
| 23 | $57,645 | $35,360 | $22,284 | $323,495 |
| 24 | $57,645 | $37,728 | $19,916 | $285,767 |
| 25 | $57,645 | $40,255 | $17,390 | $245,512 |
| 26 | $57,645 | $42,951 | $14,694 | $202,561 |
| 27 | $57,645 | $45,827 | $11,817 | $156,733 |
| 28 | $57,645 | $48,897 | $8,748 | $107,837 |
| 29 | $57,645 | $52,171 | $5,473 | $55,665 |
| 30 | $57,645 | $55,665 | $1,979 | $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 Los Angeles (about $950,000). 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 Los Angeles. At $950,000 with a 20% down payment, you'd bring $190,000 to closing (plus closing costs) and take out a $760,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $4,804.
Annual costs on top of the loan. California's average property tax rate is 0.75%, so a median-priced Los Angeles home generates approximately $7,125 in annual property tax (about $594/mo when paid through escrow). Homeowner's insurance in California averages around $1,300/year.
Total monthly payment (PITI) on the median Los Angeles home works out to about $5,506 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.