West Virginia Mortgage Calculator 2026
Calculate your monthly mortgage payment in West Virginia. Updated with 2026 West Virginia mortgage rates (6.2% avg), property tax (0.58%), and insurance. 10,000+ West Virginia homebuyers use this free calculator.
How to Use This West Virginia Mortgage Calculator
Enter your home price, down payment, and interest rate to instantly calculate your monthly mortgage payment in West Virginia. Results include Principal & Interest (P&I), Property Tax, Homeowners Insurance, and total interest paid.
West Virginia Mortgage Rates in 2026
The average mortgage rate in West Virginia is currently 6.2% for a 30-year fixed-rate loan. Rates typically range from 5.9% to 6.5% depending on your credit score and down payment.
West Virginia Property Taxes
West Virginia has an effective property tax rate of approximately 0.58% per year, lower than the national average.
Average Home Price in West Virginia
The median home price in West Virginia is approximately $140,000. At 20% down ($28,000), your loan amount is $112,000. Monthly P&I at 6.2% is approximately $685.
30-Year vs 15-Year Mortgage in West Virginia
| Loan Type | Monthly P&I | Total Interest |
|---|---|---|
| 30-Year Fixed @ 6.2% | $685 | $134,600 |
| 15-Year Fixed @ 6.2% | $957 | $60,260 |
Popular Cities in West Virginia
Frequently Asked Questions
What is the average mortgage rate in West Virginia?
As of 2026, average West Virginia mortgage rates range from 5.9% to 6.5% for a 30-year fixed-rate loan.
How much down payment do I need in West Virginia?
Most lenders require 3-20% down. Conventional loans need 5-20%, FHA loans accept as little as 3.5%.
Are property taxes high in West Virginia?
West Virginia has an effective property tax rate of approximately 0.58% annually.
What is PMI?
PMI is required if down payment is less than 20%. Once you reach 20% equity, you can request cancellation.
What documents do I need for a West Virginia mortgage?
Pay stubs, W-2s or tax returns (2 years), bank statements (3 months), valid ID, and debt details.
How long does mortgage approval take in West Virginia?
Mortgage approval in West Virginia typically takes 30-45 days from application to closing.