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Virginia Beach Mortgage Calculator

Estimate your true cost of homeownership in Virginia Beach with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$3,160
P&I Payment$2,487
Taxes & Ins$486
Utilities$187
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Mortgage Details

$474,352
Local Median: $474,352
$94,870 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$3,160

Monthly Breakdown

Principal & Interest
$2,487
Property Taxes
$271
Homeowners Ins.
$215
Utilities
$187

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$515,873

Local Housing Facts for Virginia Beach

  • ·Median home value: $474,352 (adjusted for current market conditions)
  • ·Est. property taxes: $3,253/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $2,579/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,246/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Virginia Beach City?

Based on the local median home value, estimated real estate property taxes in Virginia Beach City are around $3,253 per year.

What is the average home price in Virginia Beach City?

The median home value in Virginia Beach City is currently estimated at $474,352.

How much does homeowners insurance cost in Virginia Beach City?

For a median priced home, homeowners insurance in Virginia Beach City averages around $2,579 annually.

What is the true total cost of owning a home in Virginia Beach City?

True homeownership costs go beyond principal and interest. In Virginia Beach City, a typical homeowner with a median-priced home of $474,352 can expect to pay roughly $3,253/yr in property taxes, $2,579/yr for homeowners insurance, and $2,246/yr in energy utilities. That adds approximately $673 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.