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West Virginia Mortgage Calculator

Your monthly mortgage payment in West Virginia, with West Virginia's effective property tax rate (0.53%) built in, at this week's average rate. The calculator starts at the state's median home value, $162,600.

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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$1,122.31The answer

Monthly payment

$1,122.31

A $163,000 home with 20% down ($130,400 borrowed) at 7.18% over 30 years costs about $1,122 a month: $883 principal and interest plus $239 of tax, insurance and dues.

Principal and interest: $883.38
Tax, insurance, PMI and HOA: $238.93
Total interest over the loan: $187,615

Amortization by year: $130,400 at 7.18%

Year	Interest	Principal	Balance
1	$9,321.16	$1,279.34	$129,120.66
2	$9,226.22	$1,374.28	$127,746.39
3	$9,124.24	$1,476.26	$126,270.12
4	$9,014.68	$1,585.82	$124,684.30
5	$8,897.00	$1,703.50	$122,980.80
6	$8,770.58	$1,829.92	$121,150.88
7	$8,634.78	$1,965.72	$119,185.16
8	$8,488.90	$2,111.60	$117,073.57
9	$8,332.20	$2,268.30	$114,805.27
10	$8,163.87	$2,436.63	$112,368.64
11	$7,983.05	$2,617.46	$109,751.18
12	$7,788.80	$2,811.70	$106,939.48
13	$7,580.14	$3,020.36	$103,919.13
14	$7,356.00	$3,244.50	$100,674.63
15	$7,115.23	$3,485.27	$97,189.36
16	$6,856.58	$3,743.92	$93,445.44
17	$6,578.74	$4,021.76	$89,423.68
18	$6,280.29	$4,320.21	$85,103.47
19	$5,959.68	$4,640.82	$80,462.65
20	$5,615.28	$4,985.22	$75,477.43
21	$5,245.33	$5,355.17	$70,122.26
22	$4,847.92	$5,752.58	$64,369.68
23	$4,421.01	$6,179.49	$58,190.19
24	$3,962.43	$6,638.07	$51,552.12
25	$3,469.82	$7,130.68	$44,421.44
26	$2,940.64	$7,659.86	$36,761.58
27	$2,372.20	$8,228.30	$28,533.28
28	$1,761.57	$8,838.93	$19,694.35
29	$1,105.63	$9,494.87	$10,199.49
30	$401.01	$10,199.49	$0.00

Download the schedule (CSV)

This week's mortgage rates

Monthly payment in West Virginia by home price (20% down, 7%, 30 years, 0.53% tax, $2,000 insurance)

Home price	Principal and interest	Property tax	Total
$80,000	$426	$35	$628
$120,000	$639	$53	$859
$160,000	$852	$71	$1,089
$240,000	$1,277	$106	$1,550
$330,000	$1,756	$146	$2,069

How this calculator works

As the mortgage calculator, with West Virginia's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $865 ÷ median value $162,600.

Questions people ask

What is the mortgage payment on a median home in West Virginia?

On $162,600 with 20% down at 7% over 30 years: about $865 principal and interest and $72 of property tax, $1,104 a month with $2,000 a year of insurance.

What is the median home value in West Virginia?

$162,600 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in West Virginia?

The effective rate is 0.53%, a median $865 a year. See West Virginia's property tax page for every county we cover.

How much income do I need for a median West Virginia home?

Under the 28% guideline, about $47,322 a year for the payment above; West Virginia's median household income is $59,608.

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Sources

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