Here's the monthly payment on a $1 million house at today's rates — slide 1 of 6

Here's the monthly payment on a $1 million house at today's rates — slide 2 of 6

Here's the monthly payment on a $1 million house at today's rates — slide 3 of 6

Here's the monthly payment on a $1 million house at today's rates — slide 4 of 6

Here's the monthly payment on a $1 million house at today's rates — slide 5 of 6

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Here's the monthly payment on a $1 million house at today's rates

October 28, 2026

In 2026, $1 million homes are common in West Coast metro areas, with median prices exceeding $1 million in cities like San Diego and San Francisco. At a 7.32% average 30-year mortgage rate, monthly payments range from about $5,495 (20% down) to $6,182 (10% down), excluding taxes and insurance. Including these, payments can reach $6,937 to $8,187. Shorter 15-year loans have higher payments. Lower payments can be achieved by choosing longer terms, improving credit scores, buying discount points, or opting for less expensive homes.

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