๐๏ธ Washington, DC
Mortgage Calculator Washington DC
Estimate your Washington DC monthly mortgage payment โ including DC property tax, insurance & more
$620K+
Avg Home Price
6.80%
Current DC Rate
0.85%
DC Property Tax
Monthly Payment
$0.00
Principal & Interest$0.00
Property Tax (DC)$0.00
Home Insurance$0.00
PMI$0.00
HOA Fee$0.00
Other Costs$0.00
๐ก Washington DC is the US capital and one of the most stable housing markets in the country โ driven by federal government jobs, law firms, and think tanks. DC has a relatively low property tax rate of 0.85% and offers a generous First-Time Homebuyer Tax Credit of up to $5,000. DC also charges a 1.1%โ1.45% deed recordation tax on home purchases. Condos are very popular in DC โ always budget for HOA fees which average $300โ$600/mo.
Rates based on Freddie Mac national avg + Washington DC market adjustment ยท Results are estimates only