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Buying a home in San Clemente, CA

Quick answer

The typical home in San Clemente, CA is valued around $1,220,500 (Census ACS). A 3.5% FHA down payment is about $42,718, with an estimated monthly payment near $9,516 at 7.18%. Under the 28% rule you'd need roughly $408,000 a year. Orange County's 2026 FHA limit is $1,249,125.

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

With about 63,510 residents, San Clemente is a mid-sized California community, and its median home value of $1,220,500 is above the California median of $695,400. At about 9.1× the median household income, homes here stretch typical budgets, making down payment help and FHA or conventional 3%-down loans especially valuable. With prices this high, check whether your loan amount exceeds the county conforming limit.

How much does it cost to buy a typical home in San Clemente?

ScenarioDown paymentEst. monthly paymentIncome needed (28% / 36%)
FHA, 3.5% down$42,718$9,516$408,000 / $318,000
Conventional, 20% down$244,100$7,472$321,000 / $250,000

Estimates use the Census median home value, a 30-year rate (see below), California's 0.71% effective property tax rate, $1,655/yr insurance (NAIC state average) and FHA mortgage insurance.

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

What are the 2026 loan limits for San Clemente?

San Clemente is in Orange County, where the single-family FHA limit is $1,249,125 (max price ≈ $1,294,000 with 3.5% down) and the conforming limit is $1,249,125. Loans above that are jumbo loans.

Is there down payment assistance in San Clemente?

What mortgage options do San Clemente buyers have?

  • Conventional Loan — Not government-backed; as little as 3% down for first-time buyers, PMI removable at 20% equity.
  • FHA Loan — Government-insured; 3.5% down with a 580 credit score and flexible debt-to-income rules.
  • VA Loan — For eligible veterans, service members and surviving spouses: 0% down and no monthly mortgage insurance.
  • USDA Loan — 0% down for moderate-income buyers in eligible rural and suburban areas.
  • Jumbo Loan — For loan amounts above the conforming limit; usually 10–20% down and 700+ credit.
  • First-Time Home Buyer Loans — Low-down-payment loans plus state assistance programs designed for first-time buyers.
  • Self-Employed Mortgage — Options for business owners and 1099 earners, including tax-return and bank-statement loans.
  • DSCR Purchase Loan — Investment-property loans qualified on the rental income of the property, not personal income.
  • New Construction Home Loans — Financing for a newly built home from a builder, or for building your own with a construction-to-permanent loan.

Home loan options in San Clemente

How much will I pay in property taxes in San Clemente?

Homeowners in California pay a median of $4,926 a year in property taxes — an effective rate of about 0.71% of the median home value, close to the national average (Census ACS). Actual rates vary by county and municipality. Ask your agent for the specific property's tax history.

Nearby cities (Orange County first)

AnaheimSanta AnaIrvineHuntington BeachGarden GroveFullertonOrangeCosta MesaMission ViejoWestminster

San Clemente home buying FAQs

We've verified 1 applicable city, county and statewide program for San Clemente buyers, ordered by scope on this page with official links and verified dates. Confirm each program's borrower and property requirements.

San Clemente is in Orange County, where the 2026 FHA limit is $1,249,125 and the conforming limit is $1,249,125 for a single-family home.

For a home at the $1,220,500 median with 3.5% FHA down, the estimated payment is $9,516/mo at 7.18%, which needs about $408,000 a year under the 28% rule ($318,000 at 36%).

Sources

Data last updated October 23, 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.