The Best Loan Programs for Folsom, CA: Your Guide to the Right Mortgage 🏡 Introduction…
What are the Best High Schools in Sacramento?
Best High Schools in Sacramento: Top Neighborhoods, Home Prices, and Mortgage Costs
Introduction
Choosing the right neighborhood in Sacramento isn’t just about finding a beautiful home; it’s about ensuring access to top-notch education for your children. In this guide, we’ll explore the best schools in Sacramento, the neighborhoods they’re located in, current home prices, estimated mortgage payments—including property taxes and insurance—and how New Way Mortgage can assist you in securing financing to live in these desirable areas.
Top School Districts and Their Neighborhoods
Sacramento boasts several outstanding school districts. Let’s delve into the top ones and the neighborhoods they encompass.
1. Davis Joint Unified School District
- Overview: Renowned for academic excellence, this district serves the city of Davis.
- Notable Schools:
- Davis Senior High School: Offers a rigorous curriculum with a variety of Advanced Placement courses.
- Neighborhood: Davis
- Median Home Price: Approximately $850,000.
- Community Vibe: A vibrant college town with a strong emphasis on education and sustainability.
2. Roseville Joint Union High School District
- Overview: Serving the Roseville area, this district is praised for its comprehensive educational programs.
- Notable Schools:
- Granite Bay High School: Recognized for its exceptional academic achievements and extracurricular activities.
- Woodcreek High School: Offers a diverse range of programs catering to various student interests.
- Neighborhood: Roseville
- Median Home Price: Around $650,000.
- Community Vibe: A suburban area with ample parks, shopping centers, and family-friendly amenities.
3. Rocklin Unified School District
- Overview: Known for its commitment to student success, this district serves the Rocklin community.
- Notable Schools:
- Rocklin High School: Offers a balanced focus on academics, arts, and athletics.
- Whitney High School: Features innovative programs and a supportive learning environment.
- Neighborhood: Rocklin
- Median Home Price: Approximately $700,000.
- Community Vibe: A rapidly growing suburb with a mix of residential areas and commercial developments.
4. Folsom-Cordova Unified School District
- Overview: Serving the Folsom area, this district is celebrated for its high-performing schools.
- Notable Schools:
- Folsom High School: Offers a wide array of Advanced Placement courses and extracurricular activities.
- Vista del Lago High School: Known for its strong academic programs and student support services.
- Neighborhood: Folsom
- Median Home Price: Around $750,000.
- Community Vibe: A historic city with modern amenities, scenic landscapes, and a family-oriented atmosphere.
5. Elk Grove Unified School District
- Overview: As one of the largest districts in the region, it serves the Elk Grove area with a diverse range of educational programs.
- Notable Schools:
- Franklin High School: Offers comprehensive academic programs and a variety of extracurricular activities.
- Pleasant Grove High School: Known for its strong emphasis on college preparation and community involvement.
- Neighborhood: Elk Grove
- Median Home Price: Approximately $600,000.
- Community Vibe: A diverse and growing community with a blend of urban and suburban living.
Estimating Mortgage Payments
Understanding potential mortgage payments is crucial when planning to purchase a home in these neighborhoods. Let’s break down the estimated monthly payments based on current mortgage rates, property taxes, and insurance.
Current Mortgage Rates
As of February 24, 2025, the average 30-year fixed mortgage rate is 6.99% with an Annual Percentage Rate (APR) of 7.12%.
Estimated Monthly Payments
Assuming a 20% down payment, a 30-year fixed-rate mortgage at a 6.99% interest rate (7.12% APR), annual property taxes at 1.25% of the home’s purchase price, and annual homeowners insurance of $1,500, here are the estimated monthly payments for each neighborhood:
| Neighborhood | Median Home Price | Loan Amount (80%) | Principal & Interest | Property Tax | Insurance | Total Estimated Monthly Payment |
|---|---|---|---|---|---|---|
| Davis | $850,000 | $680,000 | $4,515 | $885 | $125 | $5,525 |
| Roseville | $650,000 | $520,000 | $3,456 | $677 | $125 | $4,258 |
| Rocklin | $700,000 | $560,000 | $3,731 | $729 | $125 | $4,585 |
| Folsom | $750,000 | $600,000 | $3,997 | $781 | $125 | $4,903 |
| Elk Grove | $600,000 | $480,000 | $3,197 | $625 | $125 | $3,947 |
Note: These estimates include principal, interest, property taxes, and insurance. Actual payments may vary based on individual circumstances and additional costs such as HOA fees.
Financing Your Home with New Way Mortgage
Navigating the home financing process can be daunting, but New Way Mortgage is here to simplify it for you. Here’s how we can assist:
- Personalized Consultation: We’ll assess your financial situation to recommend loan options that fit your needs.
- Pre-Approval Assistance: Getting pre-approved strengthens your position as a buyer. Start your application HERE.
- Competitive Rates: We offer attractive rates to make your home purchase more affordable.
- Educational Resources: Our YouTube channel provides valuable insights into the home-buying process.
Ready to take the next step? Contact New Way Mortgage today to discuss your financing options and make your dream home in one of Sacramento’s top school districts a reality.
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