Mortgage Data Labs

Programmatic SEO Local County Calculator

Home>Virginia>King and Queen County (Conventional)

King and Queen County Conventional Mortgage Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for King and Queen County, Virginia based on real HMDA transaction records.

Loan Details

King and Queen County, VA Benchmarks

Conventional averages
Typical Property Value$377,698
Average Down Payment28.3%
Average Interest Rate7.285%
Effective Tax Rate0.45%
Median Tax Paid$1,209/yr
Tax Growth (Historical)-7.0%
Based on 132 regional loans totaling $20,280,000 (HMDA database).
$
%

$106,889 down · $270,809 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$142 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$2,146/mo

  • Principal & Interest$1,855
  • Property Tax$142
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$270,809

Total Interest

$396,901

Total of Payments

$667,710

Local Market Insights

King and Queen County Conventional Mortgage Overview

In King and Queen County, the typical conventional buyer puts down 28.32%, resulting in a 71.68% loan-to-value (LTV) ratio. This strong equity position generally eliminates the need for private mortgage insurance (PMI) from the start, offering immediate monthly savings. With property taxes at a low 0.45% and a recent -7.0% inflation-adjusted tax decline, affordability is further enhanced. For those using a conventional mortgage with taxes in King and Queen County, VA, this high down payment and low tax burden create a favorable risk profile for owner-occupied homes.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.