Compare San Diego, CA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in San Diego.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in San Diego. Plus, shopping lenders is free and there is no obligation.
January 25, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in San Diego. Understand how much you need to earn to afford a home in San Diego, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in San Diego fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in San Diego is right for you.
The median home value for San Diego, CA is $774,125
Based on current mortgage rates and a 10% down payment, you need to make $126,837 per year to buy the median priced home in San Diego
With this income, you could qualify for a $696,713 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in San Diego is $2,937
The median household income for San Diego, CA is $90,777
Based on this income, you can afford a home valued at approximately $554,039
The home price you can afford to buy based on household income in San Diego is 72% of the median home value which means housing prices are very expensive. San Diego ranks 49 out of 58 counties in California and 3,118 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in San Diego, CA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for San Diego below.
Conforming loan limits for San Diego, CA
FHA loan limits for San Diego, CA
VA loan limits for San Diego, CA