Mortgage on a $100K house in West Virginia
$631 a month with 20% down — $538 principal and interest plus $43 property tax and $50 insurance.
West Virginia's typical property tax is 0.51% of the home's value a year (U.S. average 0.9%), which adds $43 a month on a $100K home. The typical home in West Virginia is worth $176,576, so $100K is 43% below the typical price.
$100K home in West Virginia: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $20,000 | $80,000 | $538 | $0 | $93 | $631 | $27,000 |
| 10% down | $10,000 | $90,000 | $605 | $38 | $93 | $736 | $31,500 |
| 5% down | $5,000 | $95,000 | $639 | $40 | $93 | $771 | $33,100 |
| 3.5% down (FHA) | $3,500 | $98,189 | $661 | $44 | $93 | $797 | $34,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.51% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in West Virginia does $100K buy a typical home?
In these counties the typical home value is within 15% of $100K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Lincoln County | $98,800 | 0.51% | $631 |
| Boone County | $95,509 | 0.67% | $644 |
| Calhoun County | $105,494 | 0.42% | $623 |
| Wirt County | $107,854 | 0.52% | $631 |
| Logan County | $107,969 | 0.56% | $635 |
| Wetzel County | $112,058 | 0.67% | $644 |
| Tyler County | $113,494 | 0.57% | $635 |
6 of 55 West Virginia counties tracked by Zillow have a typical home value at or below $100K. See all West Virginia home prices.
Other prices in West Virginia
Frequently asked questions
What is the mortgage on a $100K house in West Virginia?
About $631 a month with 20% down at 7.11%: $538 principal and interest, $43 property tax and $50 insurance.
How much do I need to make to buy a $100K house in West Virginia?
About $27,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $100K house in West Virginia?
At West Virginia's typical effective rate of 0.51%, about $513 a year. Rates vary by county and city — see the county pages.