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Conventional Loans in Sacramento, CA (2026): Down Payment, PMI & Limits — $484,600 Median

Quick answer

Conventional buyers in Sacramento, CA need $14,538 at 3% down or $96,920 at 20% down on the $484,600 Census median home value. Sacramento County's $832,750 conforming limit is $348,150 above that median; 5% down gives an estimated $3,734/month payment including $192 estimated PMI.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

How does Sacramento compare with California?

The city's median is below the statewide median by $210,800. The higher price-to-income ratio makes the down payment and monthly debt budget particularly important. The median is 58.2% of the conforming limit. A median-valued purchase fits the FHA base-loan limit at 3.5% down.

How much down payment and PMI would a typical Sacramento home need?

Down paymentCash downEstimated PMI / monthEstimated PITI + PMIIncome at 28% / 36%
3%$14,538$196$3,804$164,000 / $127,000
5%$24,230$192$3,734$161,000 / $125,000
10%$48,460$182$3,560$153,000 / $119,000
20%$96,920$0$3,050$131,000 / $102,000

3%-down conventional products have borrower/program restrictions. PMI uses a fixed 0.5% annual loan-balance estimate at less than 20% down; it is not a credit-specific quote or an assumed discount by down payment. Payments include state-average tax and insurance and assume zero other debts.

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Is there down payment assistance in Sacramento?

Home buying in Sacramento · The California version

Conventional loans in the nearest eligible cities

Lemon HillWest SacramentoParkwayArden-ArcadeLa RivieraRosemont

Home loan options in Sacramento

FHA loansFirst-time home buyer programsVA loansHome affordabilityNew construction home loans

Frequently asked questions

Conventional buyers in Sacramento, CA need $14,538 at 3% down or $96,920 at 20% down on the $484,600 Census median home value. Sacramento County's $832,750 conforming limit is $348,150 above that median; 5% down gives an estimated $3,734/month payment including $192 estimated PMI.

0 city-level, 0 county-level and 1 statewide programs are verified for this city (1 total). Eligibility and available funds depend on each official program's terms.

Median household income is $83,753, while median home value is $484,600, a 5.79 price-to-income ratio. At 5% down, 7.18% and state-average taxes and insurance, about $161,000 income is needed under the 28% housing guideline; debts also count toward the 36% total-debt guideline.

Sources

Data last updated November 5, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.