Mortgage Calculator & Closing Costs: San Diego, CA
Mortgage payment estimates, closing cost breakdowns, and homebuying data for San Diego, California.
Median Home Price
$875K
Population
1.4M
Avg Monthly Rent
$2,650
Property Tax Rate
0.73% *
* Property tax shown is the California state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in San Diego.
San Diego vs California Median
The median home price in San Diego is $875,000, which is 11% above the California state median of $785,000.
Mortgage Calculator — San Diego, CA
Pre-filled with San Diego median home price and California tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $875K home using California's 0.73% tax rate and $2,200/yr insurance.
5% Down
$6,455/mo
Down: $43,750
Loan: $831K
P&I: $5,254
Tax: $532
Insurance: $183
PMI: $485
10% Down
$6,153/mo
Down: $87,500
Loan: $788K
P&I: $4,978
Tax: $532
Insurance: $183
PMI: $459
20% Down (No PMI)
$5,140/mo
Down: $175,000
Loan: $700K
P&I: $4,424
Tax: $532
Insurance: $183
Income needed (28% rule): $220K/year with 20% down, $264K/year with 10% down.
Rent vs Buy in San Diego
Rent
$2,650/mo
vs
Buy (10% down)
$6,153/mo
Price-to-rent ratio: 27.5 — At a ratio above 20, renting may be more economical in San Diego for shorter stays. Buying costs $3,503 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in San Diego is $875,000, 11% above the California state median of $785,000. With a population of 1,386,932, San Diego is a major metro area where home prices reflect strong demand and local economic factors.
Property taxes in California average 0.73% annually. This moderate property tax rate means a $875,000 home in San Diego would carry roughly $532/month in property taxes. Homeowners insurance in California runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in San Diego is $2,650/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
San Diego is a higher-cost market. At $875K median, buyers need significant savings or strong income. Down payment assistance through California's CalHFA Dream For All program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in San Diego.