Home / Fresno, CA
Mortgage Calculator — Fresno, CA
Median home price in Fresno: $350,000. Monthly payment: $1,863/month (20% down, 7%, 30yr). Property tax rate: 0.77%.
= $70,000
Monthly Payment
$1,863
Loan Amount
$280,000
Total Interest
$390,625
Total Cost
$740,625
Payment Breakdown
Down Payment$70,000 (9.5%)
Principal$280,000 (37.8%)
Total Interest$390,625 (52.7%)
Fresno Mortgage Payments by Rate
| Rate | 15-Year | 30-Year | Total Interest (30yr) |
|---|---|---|---|
| 5.5% | $2,288 | $1,590 | $292,331 |
| 6% | $2,363 | $1,679 | $324,347 |
| 6.5% | $2,439 | $1,770 | $357,125 |
| 6.75% | $2,478 | $1,816 | $373,787 |
| 7% | $2,517 | $1,863 | $390,625 |
| 7.25% | $2,556 | $1,910 | $407,634 |
| 7.5% | $2,596 | $1,958 | $424,808 |
| 8% | $2,676 | $2,055 | $459,635 |
Fresno Property Tax & Total Housing Cost
Property Tax Rate
0.77%
$2,695/year
Monthly P&I
$1,863
20% down, 7%, 30yr
Est. Total Monthly
$2,087
P&I + property tax
Affordability in Fresno
10% down ($35,000)$99,441/yr needed
15% down ($52,500)$94,451/yr needed
20% down ($70,000)$89,461/yr needed
25% down ($87,500)$84,472/yr needed
Based on 28% housing cost rule. Includes property tax.