Home and mortgage

Washington Mortgage Calculator

Your monthly mortgage payment in Washington, with Washington's effective property tax rate (0.81%) built in, at this week's average rate. The calculator starts at the state's median home value, $564,600.

Shows its working
Sources named below
Runs in your browser; nothing is stored

Your numbers

Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$3,608.63The answer

Monthly payment

$3,608.63

A $565,000 home with 20% down ($452,000 borrowed) at 7.18% over 30 years costs about $3,609 a month: $3,062 principal and interest plus $547 of tax, insurance and dues.

Principal and interest: $3,062.01
Tax, insurance, PMI and HOA: $546.63
Total interest over the loan: $650,322

Amortization by year: $452,000 at 7.18%

Year	Interest	Principal	Balance
1	$32,309.55	$4,434.51	$447,565.49
2	$31,980.47	$4,763.60	$442,801.89
3	$31,626.96	$5,117.11	$437,684.78
4	$31,247.21	$5,496.85	$432,187.93
5	$30,839.29	$5,904.78	$426,283.15
6	$30,401.09	$6,342.97	$419,940.18
7	$29,930.38	$6,813.69	$413,126.49
8	$29,424.73	$7,319.34	$405,807.15
9	$28,881.56	$7,862.51	$397,944.64
10	$28,298.07	$8,445.99	$389,498.65
11	$27,671.29	$9,072.77	$380,425.87
12	$26,998.00	$9,746.07	$370,679.80
13	$26,274.73	$10,469.33	$360,210.47
14	$25,497.80	$11,246.27	$348,964.21
15	$24,663.21	$12,080.86	$336,883.35
16	$23,766.68	$12,977.39	$323,905.96
17	$22,803.62	$13,940.44	$309,965.52
18	$21,769.09	$14,974.97	$294,990.55
19	$20,657.79	$16,086.27	$278,904.27
20	$19,464.02	$17,280.05	$261,624.23
21	$18,181.66	$18,562.41	$243,061.82
22	$16,804.13	$19,939.94	$223,121.88
23	$15,324.37	$21,419.69	$201,702.19
24	$13,734.81	$23,009.26	$178,692.93
25	$12,027.28	$24,716.79	$153,976.14
26	$10,193.03	$26,551.04	$127,425.11
27	$8,222.66	$28,521.40	$98,903.70
28	$6,106.07	$30,637.99	$68,265.71
29	$3,832.41	$32,911.66	$35,354.05
30	$1,390.01	$35,354.05	$0.00

Download the schedule (CSV)

This week's mortgage rates

Monthly payment in Washington by home price (20% down, 7%, 30 years, 0.81% tax, $2,000 insurance)

Home price	Principal and interest	Property tax	Total
$280,000	$1,490	$188	$1,845
$420,000	$2,235	$282	$2,685
$560,000	$2,981	$377	$3,524
$850,000	$4,524	$572	$5,262
$1,130,000	$6,014	$760	$6,941

How this calculator works

As the mortgage calculator, with Washington's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $4,556 ÷ median value $564,600.

Questions people ask

What is the mortgage payment on a median home in Washington?

On $564,600 with 20% down at 7% over 30 years: about $3,005 principal and interest and $380 of property tax, $3,551 a month with $2,000 a year of insurance.

What is the median home value in Washington?

$564,600 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Washington?

The effective rate is 0.81%, a median $4,556 a year. See Washington's property tax page for every county we cover.

How much income do I need for a median Washington home?

Under the 28% guideline, about $152,203 a year for the payment above; Washington's median household income is $98,141.

Related calculators

Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.