Tools
Mortgage Calculator
Estimate your full monthly payment on a Northern Virginia home, including principal and interest, property tax, insurance, HOA fees and mortgage insurance.
FAQ
Mortgage questions
How much house can I afford in Northern Virginia?
Many lenders look for total monthly debt, including the new mortgage, at or below about 43% to 45% of gross monthly income, though limits vary by loan type. A pre-approval is the best way to know, and I can connect you with trusted local lenders.
What property tax rate should I use?
Northern Virginia rates are roughly 0.9% to 1.2% of assessed value per year. Check the current rate for the county or city where you’re buying, since rates are set each year.
When do I pay mortgage insurance?
On most conventional loans, mortgage insurance applies when you put down less than 20%, and it usually comes off once you reach 20% to 22% equity. FHA and VA loans have their own rules, so ask your lender.
Let's Chat
Want me to check your numbers?
I’ll walk through your budget with you and connect you with trusted local lenders, with no pressure and no obligation.
한국어 상담 가능: Consultation available in Korean.