Los Angeles Home Purchase Calculator
Home Purchase Calculator Los Angeles mortgage estimates pre-filled with Los Angeles County, California property-tax and insurance figures. Educational only.
Estimated Monthly Payment
Loan Summary
Illustrative national averages (≈ early 2026) for education only — not an offer or quote. Verify current rates with sources like the Freddie Mac PMMS.
Want a personalized read? Take the 5-question quiz to see which program categories fit your specific scenario.
We are an educational company, not a lender. We do not make loans, underwrite loans, or provide financial advice. All loan terms, rates, and approvals are determined solely by a licensed lender of your choice. This service is not a loan application. These figures are estimates provided for educational purposes only and are not a loan offer, quote, rate lock, or commitment to lend. Your actual payment will differ. Property taxes and homeowners insurance shown here are estimates and may be understated or excluded, and other costs — such as mortgage insurance, HOA dues, flood insurance, and closing costs — may not be reflected. For a detailed, personalized quote, consult a licensed lender or loan officer.
Rates shown are illustrative approximations — not actual available rates. Adjust the rate selector to any figure you are considering. Estimates only, using an illustrative interest rate and tax and insurance data for your selected state (county-level where county data is available). Not a quote, offer, or commitment to lend. Verify every figure with a licensed lender in your state before relying on it. For informational and educational purposes only.
What's inside a monthly mortgage payment (PITI)?
A typical monthly payment has four parts — Principal, Interest, Taxes, and Insurance (PITI). Principal pays down the loan balance; interest is the cost of borrowing; property taxes and homeowners insurance are usually collected monthly into an escrow account and paid by the servicer when due. Put less than 20% down on a conventional loan and private mortgage insurance (PMI) is typically added; FHA loans carry their own mortgage insurance premium (MIP).
The last two letters do heavy lifting: property-tax rates and homeowners-insurance premiums vary widely by state, county, and coverage, and they can move a monthly budget by hundreds of dollars on the same purchase price. That's why this calculator asks for your state (and ZIP code where county data is available) — it uses your area's real tax rate and an insurance estimate instead of a national guess.
Cash to close is more than the down payment: closing costs typically run 2%–5% of the loan amount (some are often negotiable for the seller to pay), plus prepaid escrow for taxes and insurance. Comparing your payment across down-payment amounts, credit bands, and loan programs is exactly what this tool is for — every figure is educational, never a quote.
Frequently asked questions
What is PITI?
PITI stands for principal, interest, taxes, and insurance — the four parts of a typical monthly mortgage payment. When you put less than 20% down, mortgage insurance (PMI or MIP) is usually added on top. This estimator combines all of these using your state's real tax and insurance figures so the monthly number is realistic.
Is this a loan offer or quote?
No. It is an educational estimate using an illustrative interest rate, not a quote, pre-qualification, or commitment to lend. Only a licensed lender in your state can give you a real rate and payment based on your full application.
Why does my payment change when I pick a different loan program?
Each program has different minimum down payments and mortgage-insurance rules — for example, VA purchase loans allow $0 down with no monthly PMI, while a conventional loan under 20% down adds PMI. Changing the program updates the down payment and insurance assumptions used in the estimate.