Fresno, CA Mortgage Calculator
Estimate your monthly mortgage payment in Fresno including property taxes, homeowners insurance, PMI, and 2026 loan limits.
Local Home Values & Affordability
Fresno's median home value of $350,000 runs about 13% above the US median of $310,000, reflecting strong local demand.
Among the California counties we track, Fresno County is among the most affordable at $350,000 — significantly below San Francisco County at $1,350,000.
A 20% down payment on a median Fresno home requires $70,000 in cash — or $12,250 for an FHA-minimum 3.5% down payment. Buyers with less than 20% down will also need to budget for PMI or FHA MIP.
Property Tax in This Market
Based on the 0.78% effective rate and a median home value of $350,000, a typical homeowner in Fresno County pays approximately $2,730 in annual property taxes — or $228 per month added to their mortgage payment.
Fresno County's property tax rate of 0.78% is close to the national average of 1.10%. On a median-priced home of $350,000, expect an annual tax bill of approximately $2,730.
Sources: Tax Foundation 2025
Homeowners Insurance Costs
Homeowners insurance in Fresno County runs approximately $1,300/year ($108/month), in line with the national average of $1,600.
Premium quotes in Fresno County typically range from $850 to $1,950 per year depending on home age, construction type, coverage limits, and your insurer. Always get multiple quotes.
Sources: NAIC 2024
Loan Limits & Financing Options
A buyer purchasing the median Fresno home ($350,000) with FHA's minimum 3.5% down would borrow $337,750 — well within the $541,287 baseline FHA limit for this county. FHA financing is a viable option for most buyers here.
With 20% down on a median-priced home, the loan amount of $280,000 stays $552,750 below the $832,750 conforming limit — giving buyers access to conventional Fannie/Freddie pricing without jumbo underwriting.
All FHA loans require an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus an annual MIP of 0.55%–0.75% of the loan balance paid monthly. On a $337,750 FHA loan, expect approximately $155/month in ongoing MIP — added to principal, interest, taxes, and insurance.
Sources: HUD ML 2025-23, FHFA 2026, HUD MIP Rates 2023
Extra Monthly Payment
Estimated Monthly Payment
$2,189
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
Loan Amount: $280,000
LTV: 0.01%
P&I Payment
$1,853
Total Interest
$387,243
over loan life
Payoff
30 yr
Closing Costs
$4,991–$9,317
est. range
Monthly Payment Breakdown
2026 Loan Limit Context
FHA Limit
$541,287
Conforming Limit
$832,750
Amortization Schedule
| Mo. | Payment | Principal | Interest | Balance | Total Interest |
|---|---|---|---|---|---|
| 1 | $1,853 | $232 | $1,622 | $279,768 | $1,622 |
| 2 | $1,853 | $233 | $1,620 | $279,535 | $3,242 |
| 3 | $1,853 | $234 | $1,619 | $279,301 | $4,861 |
| 4 | $1,853 | $236 | $1,618 | $279,065 | $6,479 |
| 5 | $1,853 | $237 | $1,616 | $278,828 | $8,095 |
| 6 | $1,853 | $239 | $1,615 | $278,589 | $9,710 |
| 7 | $1,853 | $240 | $1,613 | $278,349 | $11,323 |
| 8 | $1,853 | $241 | $1,612 | $278,108 | $12,935 |
| 9 | $1,853 | $243 | $1,611 | $277,865 | $14,546 |
| 10 | $1,853 | $244 | $1,609 | $277,621 | $16,155 |
| 11 | $1,853 | $246 | $1,608 | $277,375 | $17,763 |
| 12 | $1,853 | $247 | $1,606 | $277,128 | $19,370 |
2026 Loan Limits — Fresno County, CA
| Limit Type | 2026 Limit | Note |
|---|---|---|
| FHA Loan Limit (1-unit) | $524,225 | Max loan for FHA-insured mortgage |
| Conforming Loan Limit (1-unit) | $806,500 | Fannie Mae / Freddie Mac eligible |
Source: HUD / FHFA. Data as of 2025-01-15.
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