Mortgage Calculator & Closing Costs: San Francisco, CA
Mortgage payment estimates, closing cost breakdowns, and homebuying data for San Francisco, California.
Median Home Price
$1.4M
Population
874K
Avg Monthly Rent
$3,450
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 Francisco.
San Francisco vs California Median
The median home price in San Francisco is $1,350,000, which is 72% above the California state median of $785,000.
Mortgage Calculator — San Francisco, CA
Pre-filled with San Francisco median home price and California tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $1.4M home using California's 0.73% tax rate and $2,200/yr insurance.
5% Down
$9,859/mo
Down: $67,500
Loan: $1.3M
P&I: $8,106
Tax: $821
Insurance: $183
PMI: $748
10% Down
$9,393/mo
Down: $135,000
Loan: $1.2M
P&I: $7,680
Tax: $821
Insurance: $183
PMI: $709
20% Down (No PMI)
$7,831/mo
Down: $270,000
Loan: $1.1M
P&I: $6,826
Tax: $821
Insurance: $183
Income needed (28% rule): $336K/year with 20% down, $403K/year with 10% down.
Rent vs Buy in San Francisco
Rent
$3,450/mo
vs
Buy (10% down)
$9,393/mo
Price-to-rent ratio: 32.6 — At a ratio above 20, renting may be more economical in San Francisco for shorter stays. Buying costs $5,943 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 Francisco is $1,350,000, 72% above the California state median of $785,000. With a population of 873,965, San Francisco 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 $1,350,000 home in San Francisco would carry roughly $821/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 Francisco is $3,450/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 Francisco is a higher-cost market. At $1.4M 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 Francisco.