CALCMONEY // MORTGAGE // VA // ARLINGTON
Calculate your monthly mortgage payment using Arlington-specific property tax rates and local market data.
$720,000
6.9%
0.89%
148
| Principal & Interest | $3,794 |
| Property Tax | $534 |
| Homeowners Insurance (est.) | $240 |
| Total Monthly Payment (PITI) | $4,568 |
$144,000
$789,673
$195,752/yr
The median home price in Arlington is $720,000, above the national median of $420,000. With a median household income of $120,000, the price-to-income ratio is 6.0x — meaning buyers typically spend 6.0 years of gross income on the purchase price.
Property taxes in Arlington run 0.89% of assessed value. On the median home, that is $6,408 per year, or $534 per month added to your mortgage payment. This is close to the national average of 1.1%.
Virginia has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Arlington is 148 (national average = 100). Expect to pay more for groceries, transportation, and services in addition to housing.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $576,000 loan saves $25,920 in interest over 30 years.
Compare Top Arlington Mortgage LendersRichmond
$350,000 median
VAVirginia Beach
$365,000 median
VANorfolk
$295,000 median
VAChesapeake
$375,000 median
Neighborhood-level data for 1 ZIP codes in Arlington. Rates, home prices, and estimated payments vary by area.