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Santa Monica-Malibu Mortgage Calculator

Estimate your true cost of homeownership in Santa Monica-Malibu with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$9,702
P&I Payment$8,620
Taxes & Ins$862
Utilities$220
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Mortgage Details

$1,653,864
Local Median: $1,653,864
$330,773 (20%)
%

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

Local Area Costs

Monthly$9,702

Monthly Breakdown

Principal & Interest
$8,620
Property Taxes
$759
Homeowners Ins.
$102
Utilities
$220

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$1,780,209

Local Housing Facts for Santa Monica-Malibu

  • ·Median home value: $1,653,864 (adjusted for current market conditions)
  • ·Est. property taxes: $9,111/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $1,228/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,637/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 Santa Monica-Malibu?

Based on the local median home value, estimated real estate property taxes in Santa Monica-Malibu are around $9,111 per year.

What is the average home price in Santa Monica-Malibu?

The median home value in Santa Monica-Malibu is currently estimated at $1,653,864.

How much does homeowners insurance cost in Santa Monica-Malibu?

For a median priced home, homeowners insurance in Santa Monica-Malibu averages around $1,228 annually.

What is the true total cost of owning a home in Santa Monica-Malibu?

True homeownership costs go beyond principal and interest. In Santa Monica-Malibu, a typical homeowner with a median-priced home of $1,653,864 can expect to pay roughly $9,111/yr in property taxes, $1,228/yr for homeowners insurance, and $2,637/yr in energy utilities. That adds approximately $1,081 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.