San Jose Mortgage Calculator
Estimate your monthly mortgage payment in San Jose, CA. On the local median home value of $1,400,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $8,062. Adjust every input for your situation.
Loan Amount
$1,120,000
20.00% down
Total Interest
$1,428,498
Over 30 years
Monthly Breakdown
- Principal & Interest$7,079
- Property Tax$875
- Home Insurance$108
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $84,950 | $12,519 | $72,431 | $1,107,481 |
| 2 | $84,950 | $13,357 | $71,593 | $1,094,125 |
| 3 | $84,950 | $14,251 | $70,698 | $1,079,873 |
| 4 | $84,950 | $15,206 | $69,744 | $1,064,667 |
| 5 | $84,950 | $16,224 | $68,726 | $1,048,443 |
| 6 | $84,950 | $17,311 | $67,639 | $1,031,132 |
| 7 | $84,950 | $18,470 | $66,480 | $1,012,662 |
| 8 | $84,950 | $19,707 | $65,243 | $992,955 |
| 9 | $84,950 | $21,027 | $63,923 | $971,928 |
| 10 | $84,950 | $22,435 | $62,515 | $949,493 |
| 11 | $84,950 | $23,938 | $61,012 | $925,555 |
| 12 | $84,950 | $25,541 | $59,409 | $900,014 |
| 13 | $84,950 | $27,251 | $57,699 | $872,763 |
| 14 | $84,950 | $29,076 | $55,873 | $843,686 |
| 15 | $84,950 | $31,024 | $53,926 | $812,662 |
| 16 | $84,950 | $33,101 | $51,848 | $779,561 |
| 17 | $84,950 | $35,318 | $49,632 | $744,243 |
| 18 | $84,950 | $37,684 | $47,266 | $706,559 |
| 19 | $84,950 | $40,207 | $44,742 | $666,351 |
| 20 | $84,950 | $42,900 | $42,050 | $623,451 |
| 21 | $84,950 | $45,773 | $39,177 | $577,678 |
| 22 | $84,950 | $48,839 | $36,111 | $528,839 |
| 23 | $84,950 | $52,110 | $32,840 | $476,729 |
| 24 | $84,950 | $55,600 | $29,350 | $421,130 |
| 25 | $84,950 | $59,323 | $25,627 | $361,807 |
| 26 | $84,950 | $63,296 | $21,654 | $298,510 |
| 27 | $84,950 | $67,535 | $17,415 | $230,975 |
| 28 | $84,950 | $72,058 | $12,892 | $158,917 |
| 29 | $84,950 | $76,884 | $8,066 | $82,033 |
| 30 | $84,950 | $82,033 | $2,917 | $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 San Jose (about $1,400,000). 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 San Jose. At $1,400,000 with a 20% down payment, you'd bring $280,000 to closing (plus closing costs) and take out a $1,120,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $7,079.
Annual costs on top of the loan. California's average property tax rate is 0.75%, so a median-priced San Jose home generates approximately $10,500 in annual property tax (about $875/mo when paid through escrow). Homeowner's insurance in California averages around $1,300/year.
Total monthly payment (PITI) on the median San Jose home works out to about $8,062 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.