West Virginia Mortgage Calculator
Calculate your mortgage payment in West Virginia. Pre-filled with WV median home price ($145,000), property tax rate (0.55%), and local insurance costs.
West Virginia at a Glance
$145,000
Median Home Price
0.55%
Property Tax Rate
$1,200
Avg Home Insurance
$472,030
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 West Virginia
The median home price in West Virginia is $145,000, which is 65% below the national average of $420,000. West Virginia's effective property tax rate of 0.55% is 0.55 percentage points lower than the national average of 1.1%.
| Metric | West Virginia (WV) | National Avg | vs National Average |
|---|---|---|---|
| Median Home Price | $145,000 | $420,000 | -65% |
| Property Tax Rate | 0.55% | 1.1% | -0.55% |
| Home Insurance (Annual) | $1,200 | $2,300 | -48% |
| State Sales Tax | 6% | 5% | +1.0% |
| FHA Loan Limit | $472,030 | $472,030 | Standard |
| Conforming Loan Limit | $766,550 | $766,550 | Standard |
West Virginia offers a homestead exemption of $20,000, which reduces the taxable value of your primary residence. The state uses an assessment ratio of 60% to determine the assessed value for property tax purposes.
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