Can I Afford It

Can I afford a house in California?

Down payment
%

≈ $90,774 down

Interest rate6.70%
Loan term30 yrs

Ongoing housing costs

Estimated total

$2,343/mo

$
High risk100%
When is this due?
A two-story traditional craftsman-style house with a brick lower level and shake-style gable siding, a covered front porch with stone-based columns, and a fresh green lawn.

California is one of the pricier states in the country - a Bureau of Economic Analysis regional price index of 110.7 against the 100 national average, about 11% higher overall - which is exactly what the starting home price below is adjusted for, instead of a flat national default.

California has the highest top state income tax rate in the country, topping out over 13% for the highest earners.

That makes it the 1st most expensive state in the country by this measure, out of 51 - worth knowing before assuming a national-average mortgage payment applies here.

Cost of living comparison

Enter your ZIP code above to see how California compares to where you live now.

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