Quick answer
The median home in San Diego costs $820K. With 20% down ($164K) at 7% for 30 years, the monthly payment is $4,364/month. Total interest paid over 30 years: $915,178.
Calculator · CA · 2026
Mortgage Calculator for San Diego, CA (2026)
Pre-filled with San Diego's median home price of $820K. Compare payments across down payment sizes and loan terms at the current 7.0% baseline rate.
Last updated: April 23, 2026
San Diego Mortgage Payment Scenarios
Median home price: $820K · Interest rate: 7% · Excludes property taxes and insurance.
| Down Payment | Down ($) | Loan Amount | 30-yr/mo | 15-yr/mo | Total Interest (30yr) |
|---|---|---|---|---|---|
| 5% | $41,000 | $779,000 | $5,183 | $7,002 | $1,086,774 |
| 10% | $82,000 | $738,000 | $4,910 | $6,633 | $1,029,576 |
| 20% | $164,000 | $656,000 | $4,364 | $5,896 | $915,178 |
PMI required for <20% down — add ~$100–300/month to payments above.
Rent vs Buy in San Diego
Monthly cost comparison based on median prices — 20% down, 30-year mortgage at 7%.
Buying (median home)
+ builds equity in $820K asset
Renting (2-bedroom)
Flexibility to move; no equity built
Amortization Over Time
$820K home · 20% down ($656K loan) · 7% · 30 years
Year 1
Year 15
Year 30 (Final)
Frequently Asked Questions
What is the monthly mortgage payment for a home in San Diego?
The median home price in San Diego is $820K. With 20% down and a 30-year loan at 7%, the monthly payment is $4,364. Adding estimated property taxes and insurance brings total monthly costs to approximately $5,184.
Is it cheaper to rent or buy in San Diego?
A 2-bedroom rental in San Diego averages $3,000/month. Buying the median $820K home with 20% down costs approximately $5,184/month (mortgage + taxes + insurance) — $2,184 more than renting. However, buying builds equity while renting does not.
How much do I need to earn to buy a home in San Diego?
Using the 28% housing rule, you need at least $187K–222K in annual gross income to comfortably afford the median $820K home in San Diego with 20% down. You also need $164K+ saved for the down payment plus 2–5% in closing costs.
What are property taxes like in San Diego?
CA has a state income tax rate of Up to 13.3%. Property taxes vary by county but on a $820K home, expect $683–$1,367/month in property taxes (1–2% annual rate). This is in addition to your mortgage payment.