Free mortgage calculator tailored for Virginia (VA). Calculate instantly with state-specific rates and rules.
Virginia has elevated conforming loan limits in the Northern Virginia (D.C. metro) area. Northern Virginia sees the highest prices, while Southside Virginia and the Shenandoah Valley are very affordable. Virginia Housing offers the DreamMaker program with down payment assistance and below-market rates.
| Data Point | Value |
|---|---|
| Median Home Value | $370,000 |
| Conforming Loan Limit | $1,089,300 |
| Median Household Income | $80,615 |
| Est. Monthly Payment (median price, 20% down, 7% rate) | ~$1,969/mo |
Enter the home price you are targeting, your down payment amount, and your interest rate. For Virginia, the median home value is $370,000. With a 20% down payment of $74,000, your estimated loan amount would be $296,000 — well within the Virginia conforming loan limit of $1,089,300.
Use CalcuWealth's mortgage calculator to model different down payment percentages, interest rates, and loan terms to find the monthly payment that fits your Virginia budget.
Data: US Census Bureau ACS 2023, Zillow (2024), Vanguard How America Saves (2023), NCES. Updated 2024–2025. Figures reflect state averages — consult a licensed financial advisor for personalized guidance.
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