District of Columbia Mortgage Calculator
Calculate your mortgage payment in District of Columbia. Pre-filled with DC median home price ($650,000), property tax rate (0.56%), and local insurance costs.
District of Columbia at a Glance
$650,000
Median Home Price
0.56%
Property Tax Rate
$1,800
Avg Home Insurance
$1,149,825
FHA Loan Limit
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Reviewed & Methodology
Every calculator is built using industry-standard formulas, validated against authoritative sources, and reviewed by a credentialed financial professional. State-specific data is sourced from official government publications.
Mortgage Calculator in District of Columbia
The median home price in District of Columbia is $650,000, which is 55% above the national average of $420,000. District of Columbia's effective property tax rate of 0.56% is 0.54 percentage points lower than the national average of 1.1%.
| Metric | District of Columbia (DC) | National Avg | vs National Average |
|---|---|---|---|
| Median Home Price | $650,000 | $420,000 | +55% |
| Property Tax Rate | 0.56% | 1.1% | -0.54% |
| Home Insurance (Annual) | $1,800 | $2,300 | -22% |
| State Sales Tax | 6% | 5% | +1.0% |
| FHA Loan Limit | $1,149,825 | $472,030 | Higher |
| Conforming Loan Limit | $1,149,825 | $766,550 | Higher |
District of Columbia offers a homestead exemption of $87,500, which reduces the taxable value of your primary residence. The state uses an assessment ratio of 100% to determine the assessed value for property tax purposes.
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