The FOCUS on NoVA Real Estate team goes through what your monthly costs would look like on a $615,000 mortgage and how much house that buys in Hampton Forest, Fairfax.

$615,000 Property Specs

Detached Property | Hampton Forest, Fairfax
Built 1986 | $392/year HOA | Optional Pool Membership
4 Bedrooms | 2.5 Bathrooms | Finished basement
Taxable Finished: 2,082 sqft

Estimated Monthly Mortgages

Assumed 4% interest rate calculated using George Mason Mortgage Calculator.

20% Down payment: $123,000
Taxes: $6,631 Annually
Insurance: $1000 (est.)
$2,985 monthly payment PITI

10% Down payment: $61,500
Taxes: $6,631 Annually
Insurance: $1000 (est.)
$3,278 monthly payment PITI

5% Down payment: $30,750
Taxes: $6,631 Annually
Insurance: $1000 (est.)
$3,425 monthly payment PITI

3% Down payment: $18,450
Taxes: $6,631 Annually
Insurance: $1000 (est.)
$3,484 monthly payment PITI

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