On the illustrative $2,114,000 ZIP 91302 June 2026 median (6 sales; no citywide Calabasas median published — Chicago Title Market Trend Report), a 20% down payment is about $422,800, 10% is about $211,400, and an FHA minimum of 3.5% is about $73,990. These are simple percentages of the median for illustration - your actual down payment depends on the specific home, loan program, and lender, and you'll also need closing costs and reserves. Brian is a REALTOR®, not a lender - confirm real numbers with a loan officer.
Down payment at the Calabasas median
| Down payment | Approx. amount |
|---|---|
| 3.5% (FHA minimum) | $73,990 |
| 10% (conventional) | $211,400 |
| 20% (avoids PMI) | $422,800 |
These are arithmetic illustrations on the June 2026 ZIP 91302 median ($2,114,000; 6 sales — no citywide Calabasas median published; Chicago Title), not a quote. Loan programs (FHA, VA, conventional, jumbo) carry different minimums, and higher-priced Calabasas homes may require jumbo financing with different terms.
Frequently Asked Questions
What down payment do I need in Calabasas?
On the illustrative $2,114,000 ZIP 91302 June 2026 median (6 sales; no citywide Calabasas median published — Chicago Title Market Trend Report), a 20% down payment is about $422,800, 10% is about $211,400, and an FHA minimum of 3.5% is about $73,990. These are simple percentages of the median for illustration - your actual down payment depends on the specific home, loan program, and lender, and you'll also need closing costs and reserves. Brian is a REALTOR®, not a lender - confirm real numbers with a loan officer.
Can I buy in Calabasas with less than 20% down?
Often yes - conventional loans can go as low as 3-5% and FHA to 3.5% for those who qualify, with mortgage insurance. VA loans may allow 0% for eligible borrowers. Confirm with a licensed lender.
