The FOCUS on NoVA Real Estate team goes through what your monthly costs would look like on a $530,000 mortgage and shows you how much house that buys in Fairfax City.
$530,000 Property Specs
Detached | Warren Woods, Fairfax City VA
Built 1955 | Renovated | No HOA
3 Bedroom
2.5 Bathroom
Total Square Footage: 1,122 sq. ft.
Estimated Monthly Mortgage
Assuming 4% Interest Rate on 30-year fixed mortgage utilizing the Freedom Mortgage Mortgage PITI calculator
20% Down Payment: $106,000
Taxes: $5,322 annually
Insurance: $1,00 (est.)
$2,551 monthly Principle Interest Taxes and Insurance (PITI)
10% Down Payment: $53,000
Taxes: $5,322 annually
Insurance: $1,00 (est.)
$3,114 monthly Principle Interest Taxes and Insurance (PITI)
5% Down Payment: $26,500
Taxes: $5,322 annually
Insurance: $1,00 (est.)
$3,414 monthly Principle Interest Taxes and Insurance (PITI)
3% Down Payment: $15,900
Taxes: $5,322 annually
Insurance: $1,00 (est.)
$3,603 monthly Principle Interest Taxes and Insurance (PITI)
If you have any questions about Northern Virginia Real Estate, contact us today!
