Mortgage on a $750K house in Virginia
$4,855 a month with 20% down — $4,036 principal and interest plus $444 property tax and $375 insurance.
Virginia's typical property tax is 0.71% of the home's value a year (U.S. average 0.9%), which adds $444 a month on a $750K home. The typical home in Virginia is worth $412,252, so $750K is 82% above the typical price.
$750K home in Virginia: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $150,000 | $600,000 | $4,036 | $0 | $819 | $4,855 | $208,100 |
| 10% down | $75,000 | $675,000 | $4,541 | $281 | $819 | $5,641 | $241,800 |
| 5% down | $37,500 | $712,500 | $4,793 | $297 | $819 | $5,909 | $253,200 |
| 3.5% down (FHA) | $26,250 | $736,416 | $4,954 | $332 | $819 | $6,105 | $261,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% 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 Virginia does $750K buy a typical home?
In these counties the typical home value is within 15% of $750K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Fairfax County | $756,212 | 1.01% | $5,040 |
| Fairfax City | $768,671 | 0.9% | $4,975 |
| Loudoun County | $792,206 | 0.85% | $4,943 |
| Arlington County | $802,232 | 0.91% | $4,981 |
| Alexandria City | $673,546 | 0.96% | $5,008 |
| Fauquier County | $645,183 | 0.75% | $4,882 |
128 of 133 Virginia counties tracked by Zillow have a typical home value at or below $750K. See all Virginia home prices.
Other prices in Virginia
Frequently asked questions
What is the mortgage on a $750K house in Virginia?
About $4,855 a month with 20% down at 7.11%: $4,036 principal and interest, $444 property tax and $375 insurance.
How much do I need to make to buy a $750K house in Virginia?
About $208,100 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $750K house in Virginia?
At Virginia's typical effective rate of 0.71%, about $5,330 a year. Rates vary by county and city — see the county pages.