The FOCUS on NoVA Real Estate Team explores what your monthly mortgage payment may be for an $625,000 property in Reston’s Old Westbury Cluster.
$625,000 Property Specs
Reston / Old Westbury Cluster
Built 1983 | Renovated 2014
3 bedrooms
2.5 baths
Total sq. ft: 2,528 (est.)
0.08 acres
Estimated Monthly Mortgage
Assuming 4% Interest Rate on 30-year fixed, $306 HOA fee not included in pricing.
20% Down Payment: $125,000 down
$2,387.08 monthly PI
Taxes: $8,096 annually
Insurance: $1,200 (est.)
$3,087.75 monthly PITI
10% Down Payment: $62,500 down
$2,685.46 monthly PI
Taxes: $8,096 annually
Insurance: $1,200 (est.)
$3,386.13 monthly PITI
5% Down Payment: $31,250 down
$2,834.65 monthly PI
Taxes: $8,096 annually
Insurance: $1,200 (est.)
$3,535.32 monthly PITI
3% Down Payment: $18,750 down
$2,894.33 monthly PI
Taxes: $8,096 annually
Insurance: $1,200 (est.)
$3,595 monthly PITI
If you have any questions about Northern Virginia real estate, reach out as we are happy to help.
