Compare San Francisco, 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 Francisco.
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 Francisco. Plus, shopping lenders is free and there is no obligation.
December 1, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in San Francisco. Understand how much you need to earn to afford a home in San Francisco, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in San Francisco 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 Francisco is right for you.
The median home value for San Francisco, CA is $1,195,585
Based on current mortgage rates and a 10% down payment, you need to make $195,892 per year to buy the median priced home in San Francisco
With this income, you could qualify for a $1,076,027 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 Francisco is $4,537
The median household income for San Francisco, CA is $133,876
Based on this income, you can afford a home valued at approximately $817,083
The home price you can afford to buy based on household income in San Francisco is 68% of the median home value which means housing prices are very expensive. San Francisco ranks 52 out of 58 counties in California and 3,123 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in San Francisco, 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 Francisco below.
Conforming loan limits for San Francisco, CA
FHA loan limits for San Francisco, CA
VA loan limits for San Francisco, CA