California homebuyers can access up to $27,475 in down payment assistance through the California Housing Finance Agency (CalHFA). On the state's $787,508 median home price, that covers roughly 17% of a standard 20% down payment. California has 2 state DPA programs total, including a first-generation homebuyer option.
Primary Program: CalHFA MyHome Assistance Program
maximum assistance
0% interest, no monthly payments. Repaid when you sell, refinance, or pay off the first mortgage.
- Administering Agency
- California Housing Finance Agency (CalHFA)
- Purchase Price Cap
- $978,780
Additional California DPA Programs
CalHFA Dream For All
Shared Appreciation Loan$150,000
Shared appreciation loan — the state receives a proportional share of your home's appreciation when you sell or refinance, in exchange for no monthly payments now.
Apply / Learn MoreHow Down Payment Assistance Works
Most state DPA programs are layered on top of a first mortgage — you apply through an approved lender who originates both the primary loan and the DPA second lien at the same closing. The DPA funds reduce the cash you need upfront.
Grants
Free money — no repayment ever. Typically the smallest amounts but highest value.
Forgivable Loans
Balance forgiven after a set period (usually 3–15 years) if you stay in the home. Selling early triggers repayment.
Deferred Loans
No monthly payments. Balance due when you sell, refinance, or pay off your mortgage.
Down Payment Calculator
Down Payment Planner
California median pre-loaded
Your Savings Plan
Timeline
26.3 yrs
saving $500/mo
No PMI at 20% down
20% or more avoids private mortgage insurance entirely.
Estimate only — does not include investment returns on savings.
Full Calculator →Frequently Asked Questions
What down payment assistance is available in California?
California's primary DPA program is the CalHFA MyHome Assistance Program, administered by the California Housing Finance Agency (CalHFA). It provides up to $27,475 as a deferred loan. 0% interest, no monthly payments. Repaid when you sell, refinance, or pay off the first mortgage. Additional programs include CalHFA Dream For All.
How much down payment do I need in California after using DPA?
On a $787,508 home (California median), a 20% down payment is $157,502. With the CalHFA MyHome Assistance Program covering $27,475, your remaining gap would be $130,027. Many buyers combine DPA with a 3–5% conventional or FHA loan to reduce their cash needed further.
Do I have to repay California down payment assistance?
0% interest, no monthly payments. Repaid when you sell, refinance, or pay off the first mortgage.
Can I combine California DPA with other assistance programs?
Yes — California's DPA programs can generally be combined ("stacked") with local city and county assistance programs, employer homebuyer benefits, and federal programs. Check with an approved lender or HUD-approved counselor to identify all programs you qualify for.
Is there a first-generation homebuyer program in California?
Yes — California offers a first-generation homebuyer program for buyers whose parents never owned a home. This program typically provides enhanced assistance amounts or better terms. See the secondary programs section on this page and apply through the California Housing Finance Agency (CalHFA).
What are the income limits for California down payment assistance?
The CalHFA MyHome Assistance Program uses a dollar-based income limit rather than a percentage of AMI. Check the California Housing Finance Agency (CalHFA) website for current limits in your area.
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