West Virginia Mortgage Calculator
Estimate your monthly mortgage payment in West Virginia with local property taxes built in. The typical West Virginia home costs around $160,000, and the state's effective property-tax rate of 0.58% is below the U.S. average.
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Set an "extra payment / mo" above to see the impact here.
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Amortization schedule
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Property taxes in West Virginia
West Virginia's effective property-tax rate is about 0.58% of a home's value each year — lower than the U.S. average of 1.1%. On the state's median home price of $160,000, that works out to roughly $928/year ($77/month) added to your payment.
For the full formula and a worked example, see the main Mortgage Calculator.
Buying a home in West Virginia
At a median price of $160,000, homes in West Virginia are about 62% more affordable than the U.S. median of $420,000. On a typical purchase with 20% down on a 30-year loan around 6.5%, the principal and interest comes to roughly $809/month. Adding West Virginia's property tax of about $77/month brings the housing cost to around $886/month before homeowners insurance, any HOA dues and — if you put down less than 20% — PMI. Because West Virginia's effective property-tax rate (0.58%) is below the national average, taxes here weigh more lightly on your monthly budget than in most states. Use the calculator above to swap in your own price, down payment and rate, and the local tax figure will adjust the total for you.