Buying power

Northern Virginia Home Affordability Calculator

Northern Virginia budgets can shift quickly once taxes, HOA dues, and debt ratios enter the picture.

Inputs

Estimate a realistic buying range

This uses both front-end housing ratio and back-end debt ratio, which keeps the range from overstating buying power.

Annual household income$Monthly non-housing debts$Available down payment$Interest rate%Property tax rate%Annual insurance$Monthly HOA or condo dues$Buyer closing costs%Planning percentage added to the down payment

Conservative housing DTI%Conservative total DTI%Stretch housing DTI%Stretch total DTI%