Compare Stockton, 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 Stockton.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Stockton. 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 Stockton. Understand how much you need to earn to afford a home in Stockton, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Stockton 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 Stockton is right for you.
The median home value for Stockton, CA (San Joaquin County) is $502,051
Based on current mortgage rates and a 10% down payment, you need to make $82,259 per year to buy the median priced home in Stockton
With this income, you could qualify for a $451,846 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 Stockton is $1,905
The median household income for Stockton, CA (San Joaquin County) is $74,577
Based on this income, you can afford a home valued at approximately $455,165
The home price you can afford to buy based on household income in Stockton is 91% of the median home value which means housing prices are expensive. Stockton (San Joaquin County) ranks 36 out of 58 counties in California and 3,070 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Stockton, CA is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Stockton (San Joaquin County) below.
Conforming loan limits for Stockton, CA
FHA loan limits for Stockton, CA
VA loan limits for Stockton, CA