CHICO · PARADISE · OROVILLE · BUTTE COUNTY

Home Buying Calculators

Estimate down payments, monthly payments, and long-term housing costs.

HOME-BUYING CALCULATORS

Turn a Purchase Price Into a Planning Estimate.

Adjust the assumptions to explore down payment and estimated monthly housing costs. Property tax is calculated at 1.25% of the purchase price each year.

CURRENT RATE CONTEXT

National Averages, Updated by Optimal Blue

These 30-year conventional and FHA market indices are based on recent rate locks. Use them for context, then enter your own planning rate in the calculator.

Important: Optimal Blue figures are national market indices, not a personalized quote, APR, or commitment to lend. Actual rates and payments vary by borrower, property, loan terms, lender pricing, and market conditions.

DOWN PAYMENT

Estimate Cash and Loan Amount

Purchase priceDown payment percentage

Down payment$12,250

Starting loan amount$337,750

Loan-to-value96.5%

Does not include closing costs, reserves, prepaid taxes or insurance, or financed program fees.

MONTHLY PAYMENT

Estimate Principal, Interest, and Property Tax

Interest rate (%)Enter your own planning assumption. This is not a rate quote or APR.Loan term

Estimated principal, interest, and property taxEnter a rate to estimate

Principal & interestEnter a rate

Property tax · 1.25%$365

Homeowners insurance can vary widely.

Costs depend on the property, coverage, carrier, and location, and may be significantly higher in areas with increased wildfire risk. This estimate does not include homeowners insurance, mortgage insurance, or HOA dues. Contact us to discuss a more complete payment estimate.

Planning estimate only, not a rate quote, APR, or offer of credit. Closing costs and other charges are not included. Actual taxes, rates, eligibility, and payment will vary.

RENT OR OWN

A Long-term Monthly Cost Estimate

This simple illustration holds mortgage principal and interest steady, assumes homeowners insurance starts at $200 per month, grows rent and insurance by 3% annually, and assumes property taxes increase by 2% annually.

Current monthly rentAnnual rent increaseActual rent changes will vary.Annual property-tax increaseBased on California Proposition 13's general cap on increases in assessed base-year value; exceptions can apply.Annual insurance increaseThis is only a planning estimate. Wildfire exposure and insurance-market changes can produce much larger increases.

Year	Projected rent	Projected mortgage
Year 1	$1,957	Enter a rate
Year 11	$2,630	Enter a rate
Year 21	$3,535	Enter a rate
Year 31	$4,750	Enter a rate

Monthly planning estimates, not quoted payments. The projected mortgage column includes principal and interest while the loan is active, plus estimated property tax and homeowners insurance.

After the mortgage is paid off

Principal and interest are removed from the estimates after the selected loan term ends. Property taxes and homeowners insurance continue and may rise. Repairs and maintenance are not included.

This monthly cost comparison does not count home equity. Over time, equity may contribute to generational wealth, but home values and the amount a family could pass on are not guaranteed.

Illustration only. This is not a prediction or a complete rent-versus-buy analysis. Ownership includes estimated principal and interest, property tax, and homeowners insurance. It assumes principal and interest end after the selected loan term. It does not include mortgage insurance, HOA dues, closing or selling costs, repairs, maintenance, utilities, tax benefits, rent deposits, investment returns, refinancing, home-value changes, or equity. Actual taxes may be affected by reassessment, new construction, voter-approved debt, or other exceptions. Use a property-specific insurance quote, particularly in wildfire-risk areas.