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Stockton, CA mortgage & affordability calculator

The typical home in Stockton, CA is worth about $480,000. With 20% down that's a loan near $384,000 — the calculator is pre-filled with that figure. Stockton drew heavily on Bay Area commuters priced out of the coast before a 2012 municipal bankruptcy — one of the largest in U.S. history at the time — reset the city's finances. Prices have since recovered well above pre-recession levels, and Proposition 13 keeps the tax rate low relative to the purchase price.

$2,493.17 / month

Total interest
$513,541
Total paid
$897,541
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$96k$192k$288k$384k0612182430Year

How much you need to earn

Stockton, CA's median household income is about $74,000 a year. Under standard 28/36 lending rules that supports a home price around $281,082 with 20% down — below the $480,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$281,096 max home price

Max loan amount
$185,096
Housing payment budget
$1,727
P&I budget
$1,202
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Stockton, CA is about $2,000 a month, so owning the median home costs roughly $1,018 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Stockton, CA?
On the metro's roughly $480,000 typical home with 20% down, the loan is about $384,000. Principal and interest run near $2,493 a month at today's rate, and Stockton, CA's property tax plus insurance add about $525, for a full payment near $3,018.
Can I afford a home in Stockton, CA on the median income?
The median household income is about $74,000 a year. Under standard 28/36 lending rules that supports a home price around $281,082 with 20% down — below the $480,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Stockton, CA?
Typical asking rent is about $2,000 a month. The full owner payment on a median home is near $3,018, so owning costs roughly $1,018 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Stockton, CA?
The effective property tax rate in the core county is about 1.00% of market value — roughly $4,800 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Stockton, CA rising or falling?
Home values are up about 3% over the past year. Stockton drew heavily on Bay Area commuters priced out of the coast before a 2012 municipal bankruptcy — one of the largest in U.S. history at the time — reset the city's finances. Prices have since recovered well above pre-recession levels, and Proposition 13 keeps the tax rate low relative to the purchase price.

Nearby metros

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