Current Avg. Rates: 6.46% 30-yr fixed|5.77% 15-yr fixed
Source: Freddie Mac Primary Mortgage Market Survey
Source: Freddie Mac Primary Mortgage Market Survey
Richmond, VA Mortgage Calculator
Calculate your estimated mortgage payment for a home in Richmond, VA. Pre-filled with local averages.
$330,000
Avg. Home Price
0.87%
Property Tax Rate
$1,550
Avg. Annual Insurance
Your Monthly Payment (PITI)
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Principal + Interest + Tax + Insurance
Monthly Breakdown
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Property Tax
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Insurance
Loan Overview
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Total Interest
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Payoff Date
Bi-Weekly Option
? Pay half your monthly payment every two weeks — you'll make 26 half-payments (13 full payments) per year instead of 12
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Bi-Weekly Payment
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Total Interest
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Payoff Date
Richmond, VA Mortgage at a Glance
| Average home price | $330,000 ($50,000 below the Virginia state average) |
| Property tax rate | 0.87% ($2,871/year) — higher than Virginia’s 0.82% average |
| Average insurance | $1,550/year |
| Est. monthly PITI | $2,037 (20% down, 6.5%) |
| Total interest (30yr) | $336,717 |
| Income needed (28% rule) | $87,303/year |
Virginia mortgage calculator | How much house can I afford? | Property taxes by state
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