CALCMONEY // MORTGAGE // WV
Calculate your monthly mortgage payment using West Virginia-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$145,000
7%
0.58%
3%–6.5%
How today's 7% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 7% | — |
| 2024 avg | 7.42% | -0.42% |
| 2023 avg | 7.85% | -0.85% |
| 2022 peak | 7.68% | -0.68% |
| 2021 avg | 3.60% | +3.40% |
| 2020 avg | 3.40% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for West Virginia market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $772 |
| Property Tax | $70 |
| Homeowners Insurance (est.) | $48 |
| Total Monthly Payment (PITI) | $890 |
$29,000
$161,830
$38,150/yr
The median home price in West Virginia is $145,000, 65% below the $420,000 national median. With a median household income of $48,000, the price-to-income ratio is 3.0x.
West Virginia's 0.58% average property tax rate runs below the 1.1% national average, working out to $70/month on the median home here.
West Virginia levies a state income tax of 3%–6.5% on top of the $890/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
West Virginia's cost of living index is 84, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
West Virginia's median home price runs 17% lower than Mississippi: $175,000 there versus $145,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $116,000 loan saves $5,220 in interest over 30 years.
Compare Top West Virginia Mortgage LendersMississippi
$175,000 median
ARArkansas
$195,000 median
KYKentucky
$200,000 median
OKOklahoma
$200,000 median