West Virginia Mortgage Calculator
Estimate your monthly mortgage payment in West Virginia. On the state's median home value of $160,000, with a 20% down payment at today's rates, expect a total monthly payment (principal, interest, taxes, and insurance) around $970. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$809
- Property Tax$77
- Home Insurance$83
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $9,709 | $1,431 | $8,278 | $126,569 |
| 2 | $9,709 | $1,527 | $8,182 | $125,043 |
| 3 | $9,709 | $1,629 | $8,080 | $123,414 |
| 4 | $9,709 | $1,738 | $7,971 | $121,676 |
| 5 | $9,709 | $1,854 | $7,854 | $119,822 |
| 6 | $9,709 | $1,978 | $7,730 | $117,844 |
| 7 | $9,709 | $2,111 | $7,598 | $115,733 |
| 8 | $9,709 | $2,252 | $7,456 | $113,481 |
| 9 | $9,709 | $2,403 | $7,305 | $111,077 |
| 10 | $9,709 | $2,564 | $7,145 | $108,513 |
| 11 | $9,709 | $2,736 | $6,973 | $105,778 |
| 12 | $9,709 | $2,919 | $6,790 | $102,859 |
| 13 | $9,709 | $3,114 | $6,594 | $99,744 |
| 14 | $9,709 | $3,323 | $6,386 | $96,421 |
| 15 | $9,709 | $3,546 | $6,163 | $92,876 |
| 16 | $9,709 | $3,783 | $5,926 | $89,093 |
| 17 | $9,709 | $4,036 | $5,672 | $85,056 |
| 18 | $9,709 | $4,307 | $5,402 | $80,750 |
| 19 | $9,709 | $4,595 | $5,113 | $76,154 |
| 20 | $9,709 | $4,903 | $4,806 | $71,252 |
| 21 | $9,709 | $5,231 | $4,477 | $66,020 |
| 22 | $9,709 | $5,582 | $4,127 | $60,439 |
| 23 | $9,709 | $5,955 | $3,753 | $54,483 |
| 24 | $9,709 | $6,354 | $3,354 | $48,129 |
| 25 | $9,709 | $6,780 | $2,929 | $41,349 |
| 26 | $9,709 | $7,234 | $2,475 | $34,115 |
| 27 | $9,709 | $7,718 | $1,990 | $26,397 |
| 28 | $9,709 | $8,235 | $1,473 | $18,162 |
| 29 | $9,709 | $8,787 | $922 | $9,375 |
| 30 | $9,709 | $9,375 | $333 | $0 |
Swipe the table sideways to see all columns →
How to use it
A two-minute guide.
The Home Price field is pre-filled with West Virginia's median home value (about $160,000). Override with your target home's actual price for a property-specific estimate.
The Property Tax Rate is pre-filled with West Virginia's average effective rate of 0.58%. Within West Virginia, rates vary by county — if you know your specific local rate from your county assessor or last tax bill, override it for a more precise estimate.
The Home Insurance default reflects West Virginia's typical annual premium of approximately $1,000.
Adjust the Down Payment slider to compare scenarios. Below 20% down triggers PMI; the calculator adds it automatically and flags it.
How it works
The math behind the result.
The West Virginia median home, in dollar terms. At $160,000 with a 20% down payment, you bring $32,000 to closing (plus closing costs) and take out a $128,000 mortgage. At today's 6.50% 30-year fixed rate, your monthly principal and interest is roughly $809.
West Virginia's ongoing housing costs. The state's average property tax rate of 0.58% produces about $928 per year on a median-priced home — typically paid through escrow with your mortgage. Insurance averages $1,000/year in West Virginia.
Total monthly payment (PITI) on the median West Virginia home works out to about $970/month at current rates with 20% down and no HOA. Putting less down adds PMI; HOA dues add separately if your specific neighborhood requires them.
Your specific city matters. Median home prices vary widely within West Virginia — major cities are usually 30-100% above the state median, rural areas can be well below. For city-specific calculators with local home prices pre-filled, use the city links below.
Questions
Frequently asked.
Want a more local estimate? See our city-specific West Virginia mortgage calculators or check West Virginia property tax rates.
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