FHA Loan Calculator — California
On the typical California home ($764,000), 3.5% down leaves a $737,260 base loan. The 1.75% upfront premium ($12,902) is financed, for a $750,162 loan, and annual MIP of 0.75% adds $467 a month for the life of the loan. California FHA limits run $541,287–$1,249,125 by county.
California has the 21st-lowest effective property tax rate of the 50 states at 0.75% — $1,222 less a year than the 0.91% state average on a $764,000 home. Homeowners insurance averages $1,616 a year, the 11th-lowest premium nationally and $1,104 less than the typical state.
Loan Parameters
Total Monthly Payment
$6,085
Principal & Interest + Taxes + Insurance
APR 7.964%
Total Interest
$1,051,988
Total Cost
$2,134,763
Advanced Parameters
FHA Mortgage Insurance Premium (MIP)
Annual MIP of 0.75% is billed monthly on the average balance of each loan year. With less than 10% down it lasts for the life of the loan; with 10% or more down it ends after 11 years. A 1.75% upfront premium is also added to the loan.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Full term
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | MIP | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $60,072 | $7,576 | $52,495 | $5,601 | $742,586 | $21,414 |
| Year 2 | $60,072 | $8,126 | $51,945 | $5,542 | $734,459 | $29,541 |
| Year 3 | $60,072 | $8,716 | $51,355 | $5,479 | $725,743 | $38,257 |
| Year 4 | $60,072 | $9,349 | $50,722 | $5,411 | $716,394 | $47,606 |
| Year 5 | $60,072 | $10,028 | $50,043 | $5,339 | $706,365 | $57,635 |
| Year 6 | $60,072 | $10,756 | $49,315 | $5,261 | $695,609 | $68,391 |
| Year 7 | $60,072 | $11,537 | $48,534 | $5,178 | $684,072 | $79,928 |
| Year 8 | $60,072 | $12,375 | $47,697 | $5,088 | $671,697 | $92,303 |
| Year 9 | $60,072 | $13,274 | $46,798 | $4,993 | $658,423 | $105,577 |
| Year 10 | $60,072 | $14,237 | $45,834 | $4,890 | $644,186 | $119,814 |
| Year 11 | $60,072 | $15,271 | $44,800 | $4,780 | $628,914 | $135,086 |
| Year 12 | $60,072 | $16,380 | $43,692 | $4,661 | $612,534 | $151,466 |
| Year 13 | $60,072 | $17,569 | $42,502 | $4,534 | $594,965 | $169,035 |
| Year 14 | $60,072 | $18,845 | $41,227 | $4,398 | $576,120 | $187,880 |
| Year 15 | $60,072 | $20,213 | $39,858 | $4,252 | $555,906 | $208,094 |
| Year 16 | $60,072 | $21,681 | $38,390 | $4,096 | $534,225 | $229,775 |
| Year 17 | $60,072 | $23,255 | $36,816 | $3,928 | $510,970 | $253,030 |
| Year 18 | $60,072 | $24,944 | $35,128 | $3,748 | $486,026 | $277,974 |
| Year 19 | $60,072 | $26,755 | $33,316 | $3,554 | $459,270 | $304,730 |
| Year 20 | $60,072 | $28,698 | $31,374 | $3,347 | $430,573 | $333,427 |
| Year 21 | $60,072 | $30,782 | $29,290 | $3,125 | $399,791 | $364,209 |
| Year 22 | $60,072 | $33,017 | $27,055 | $2,886 | $366,774 | $397,226 |
| Year 23 | $60,072 | $35,414 | $24,658 | $2,631 | $331,360 | $432,640 |
| Year 24 | $60,072 | $37,985 | $22,086 | $2,356 | $293,375 | $470,625 |
| Year 25 | $60,072 | $40,744 | $19,328 | $2,062 | $252,631 | $511,369 |
| Year 26 | $60,072 | $43,702 | $16,370 | $1,746 | $208,929 | $555,071 |
| Year 27 | $60,072 | $46,875 | $13,196 | $1,408 | $162,054 | $601,946 |
| Year 28 | $60,072 | $50,279 | $9,793 | $1,045 | $111,775 | $652,225 |
| Year 29 | $60,072 | $53,929 | $6,142 | $655 | $57,846 | $706,154 |
| Year 30 | $60,072 | $57,846 | $2,226 | $237 | $0 | $764,000 |
FHA Loan numbers for California
- Typical California home value
- $764,000
- 3.5% down ($26,740) · Zillow, August 31, 2026
- Loan amount
- $750,162
- Includes $12,902 financed UFMIP
- Estimated monthly payment
- $6,085
- APR 7.964%
- California property tax
- 0.75%
- $478/mo
- Homeowners insurance
- $1,616/yr
- $135/mo
- Upfront MIP (1.75%)
- $12,902
- Financed into the loan
- Annual MIP
- 0.75%
- $467/mo in year 1 · life of loan
- California FHA loan limit
- $541,287 – $1,249,125
- One-unit, by county
How much house can you afford in California with an fha loan?
Highest price where principal, interest, California property tax, insurance and FHA mortgage insurance (1.75% upfront premium financed, 0.55% annual MIP) stay within 28% of gross income —3.5% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $40,000 | $933 | $104,000 | $3,640 | 14% |
| $50,000 | $1,167 | $135,000 | $4,725 | 18% |
| $60,000 | $1,400 | $165,000 | $5,775 | 22% |
| $75,000 | $1,750 | $211,000 | $7,385 | 28% |
| $100,000 | $2,333 | $288,000 | $10,080 | 38% |
| $125,000 | $2,917 | $364,000 | $12,740 | 48% |
| $150,000 | $3,500 | $441,000 | $15,435 | 58% |
FHA vs other loan types in California
$764,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $76,400 | $687,600 | — | $413 PMI | $5,613 | 7.488% |
| FHA | 3.5% · $26,740 | $750,162 | UFMIP $12,902 | $467 MIP | $6,085 | 7.964% |
| VA | 0% · $0 | $780,426 | Funding fee $16,426 | $0 | $5,820 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $152,800 | $611,200 | — | $0 | $4,691 | 7.030% |
California high-cost counties (2026)
17 counties have a one-unit conforming limit above the $832,750 baseline. Loans up to these amounts are conforming, not jumbo.
- Alameda County$1,249,125
- Contra Costa County$1,249,125
- Los Angeles County$1,249,125
- Marin County$1,249,125
- Orange County$1,249,125
- San Benito County$1,249,125
- San Francisco County$1,249,125
- San Mateo County$1,249,125
- Santa Clara County$1,249,125
- Santa Cruz County$1,249,125
- San Diego County$1,104,000
- Ventura County$1,035,000
- Napa County$1,017,750
- San Luis Obispo County$1,000,500
- Monterey County$994,750
- Santa Barbara County$941,850
- Sonoma County$897,000
Frequently asked questions
What is the monthly payment on a $764,000 home with an fha loan in California?
Estimated $6,085 per month ($5,006 principal & interest, $478 property tax, $135 insurance, $467 FHA mortgage insurance) at 7.03% for 30 years, with 3.5% down. APR 7.964%.
What is the FHA loan limit in California for 2026?
Between $541,287 and $1,249,125 depending on the county for a one-unit home. $541,287 is the national FHA floor; counties with higher home prices get higher limits. Check your exact county on HUD's FHA mortgage limits lookup.
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FHA Loan calculator in nearby states
Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- HUD Mortgagee Letter 2023-05 (annual MIP schedule)
- HUD — FHA single family housing policy handbook 4000.1
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.