Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Milpitas Mortgage Calculator

Estimate your true cost of homeownership in Milpitas with localized property taxes, insurance, and utility data.

← Back to Milpitas Hub
Est. Total Monthly Cost
$9,149
P&I Payment$8,170
Taxes & Ins$762
Utilities$218
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Milpitas scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$1,532,958
Local Median: $1,532,958
$306,592 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$9,149

Monthly Breakdown

Principal & Interest
$8,170
Property Taxes
$677
Homeowners Ins.
$85
Utilities
$218

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$1,714,746

Local Housing Facts for Milpitas

  • ·Median home value: $1,532,958 (adjusted for current market conditions)
  • ·Est. property taxes: $8,118/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,023/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,615/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Milpitas?

Based on the local median home value, estimated real estate property taxes in Milpitas are around $8,118 per year.

What is the average home price in Milpitas?

The median home value in Milpitas is currently estimated at $1,532,958.

How much does homeowners insurance cost in Milpitas?

For a median priced home, homeowners insurance in Milpitas averages around $1,023 annually.

What is the true total cost of owning a home in Milpitas?

True homeownership costs go beyond principal and interest. In Milpitas, a typical homeowner with a median-priced home of $1,532,958 can expect to pay roughly $8,118/yr in property taxes, $1,023/yr for homeowners insurance, and $2,615/yr in energy utilities. That adds approximately $980 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.