The FOCUS on NoVA Real Estate Team explores what your monthly mortgage payment may be for an $584,000 property in Gainesville’s Virginia Oaks community.

https://youtu.be/3SXCduHVex0

$584,000 Property Specs

Single-Family Home | Virginia Oaks, Gainesville
Built 1994 | Renovated in 2009
4 bedrooms
3 baths
Total sq. ft: 4,000+
0.28 acres

Estimated Monthly Mortgage

Assuming 4% Interest Rate on 30-year fixed, HOA fee of $250/quarter not included in pricing.

20% Down Payment: $116,800 down
$2,230.48 monthly PI
Taxes: $6,2,76 annually
Insurance: $1,200 (est.)
$2,853.48 monthly PITI

10% Down Payment: $58,400 down
$2,509.29 monthly PI
Taxes: $6,2,76 annually
Insurance: $1,200 (est.)
$3,132.29 monthly PITI

5% Down Payment: $29,200 down
$2,648.70 monthly PI
Taxes: $6,2,76 annually
Insurance: $1,200 (est.)
$3,271.70 monthly PITI

3% Down Payment: $17,520 down
$2,704.46 monthly PI
Taxes: $6,2,76 annually
Insurance: $1,200 (est.)
$3,327.46 monthly PITI

If you have any questions about Northern Virginia real estate, reach out as we are happy to help.