How much house can you afford in West Virginia? With a 0.63% effective property tax (median home: $$977/yr), see max home prices using the 28% PITI rule and a 6.99% 30-year mortgage.
Max Home Price ($100K Income)
$372,813
20% down · 6.99% rate · 28% DTI
Monthly PITI
$2333
Prop Tax/mo
$196
Median Home
$155,000
Annual Tax
$977
Effective Rate
0.63%
Monthly Tax
$81/mo
West Virginia Max Home Price by Income (28% DTI Rule)
Income
Max Home Price
Monthly PITI
Down (20%)
Monthly PI
Prop Tax/mo
$60,000
$223,688
$1400
$44,738
$1189
$117
$80,000
$298,251
$1867
$59,650
$1586
$157
$100,000
$372,813
$2333
$74,563
$1982
$196
$120,000
$447,376
$2800
$89,475
$2379
$235
$150,000
$559,220
$3500
$111,844
$2973
$294
$200,000
$745,627
$4667
$149,125
$3965
$391
Assumes 20% down payment, 6.99% 30-year fixed mortgage rate, 0.5% homeowners insurance, 0.63% West Virginia property tax.
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Use our full West Virginia home affordability calculator with custom down payment, interest rate, and DTI inputs.
West Virginia has an effective property tax rate of 0.63%. On the median home value of $155,000, that works out to approximately $977 per year ($81/month) in property taxes.
How much house can I afford on $100K in West Virginia?
On a $100,000 annual income in West Virginia, the 28% front-end DTI rule allows a maximum monthly PITI of approximately $2333. With a 20% down payment, a 6.99% 30-year mortgage, and West Virginia's 0.63% property tax, you can afford approximately $372,813 — with monthly principal & interest of $1982 plus $196/month in property taxes.
How does West Virginia's property tax affect home affordability?
West Virginia's low property tax rate of 0.63% is a significant advantage for home buyers. Lower property taxes reduce your monthly PITI payment, allowing you to qualify for a higher home price at any given income level compared to high-tax states like New Jersey (2.49%) or Illinois (2.27%).
What's included in a mortgage PITI payment?
PITI stands for Principal, Interest, Taxes, and Insurance. Principal and interest are your mortgage payments that pay down the loan. Taxes refers to annual property taxes (divided into monthly escrow). Insurance includes homeowners insurance (typically 0.5% of home value/year) and any required mortgage insurance (PMI) if your down payment is less than 20%. Lenders generally want PITI to be no more than 28% of your gross monthly income.