CALCMONEY // MORTGAGE // CA // MALIBU
Calculate your monthly mortgage payment using Malibu-specific property tax rates and local market data.
$4,200,000
6.85%
0.72%
241
| Principal & Interest | $22,017 |
| Property Tax | $2,520 |
| Homeowners Insurance (est.) | $1,400 |
| Total Monthly Payment (PITI) | $25,937 |
$840,000
$4,566,015
$1,111,573/yr
Malibu homebuyers are working with a $4,200,000 median price point, 900% above the national figure. Against the $720,000 median household income in the area, that's a 5.8x multiple.
Property taxes in Malibu run 0.72% of assessed value, below the 1.1% national average. On the median home, that's $30,240 a year, or $2,520 added to the monthly payment.
Unlike the nine no-income-tax states, California taxes wage income. Worth running your actual take-home pay against the $25,937/month payment here before locking in a target price.
Day-to-day expenses in Malibu track at 241 against the national 100 baseline, above average once you look past the mortgage payment itself.
Malibu's median home price runs 369% higher than nearby Los Angeles: $895,000 there versus $4,200,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $3,360,000 loan saves $151,200 in interest over 30 years.
Compare Top Malibu Mortgage LendersLos Angeles
$895,000 median
CASan Diego
$870,000 median
CASan Francisco
$1,200,000 median
CASacramento
$550,000 median
Neighborhood-level data for 1 ZIP codes in Malibu. Rates, home prices, and estimated payments vary by area.