09/02/2026
How much do you need to make to qualify for a $1,300,000 home in the Redwood City, California?
Purchase price: $1,300,000
Down payment: $260,000 (20% down)
Interest rate: 6.500% (APR 6.631%)
Mortgage payment: $6,574
+ Property tax + insurance
Estimated total payment: $8,100
Remember, this is an estimated monthly payment, and your payment could look a little different!
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Jessie Yeung | Mortgage Broker Associate
NMLS 2167085, DRE 02151046
Mortgage Connection
NMLS 321656, DRE 01272612