CALCMONEY // MORTGAGE // CA // SAN JOSE
Calculate your monthly mortgage payment using San Jose-specific property tax rates and local market data.
$1,350,000
6.85%
0.73%
188
| Principal & Interest | $7,077 |
| Property Tax | $821 |
| Homeowners Insurance (est.) | $450 |
| Total Monthly Payment (PITI) | $8,348 |
$270,000
$1,467,648
$357,774/yr
San Jose's median home price sits at $1,350,000, 221% above the $420,000 national median. On a $135,000 median household income, that puts the price-to-income ratio at 10.0x, or 10.0 years of gross pay for the purchase price alone.
Property taxes in San Jose run 0.73% of assessed value, below the 1.1% national average. On the median home, that's $9,855 a year, or $821 added to the monthly payment.
Unlike the nine no-income-tax states, California taxes wage income. Worth running your actual take-home pay against the $8,348/month payment here before locking in a target price.
Day-to-day expenses in San Jose track at 188 against the national 100 baseline, above average once you look past the mortgage payment itself.
San Jose's median home price runs 51% higher than nearby Los Angeles: $895,000 there versus $1,350,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $1,080,000 loan saves $48,600 in interest over 30 years.
Compare Top San Jose Mortgage LendersLos Angeles
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Neighborhood-level data for 6 ZIP codes in San Jose. Rates, home prices, and estimated payments vary by area.