Washington Mortgage Calculator
Estimate the monthly PITI payment on a Washington home. Preseeded with the state’s 0.84% effective property-tax rate, $1,100 average annual insurance, and $580,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$3,624
- Principal & Interest
- $2,933
- Property Taxes
- $406
- Home Insurance
- $92
- PMI
- $193
Total Interest
$591,806
Total Cost
$1,234,966
Payoff Year
2056
Washington Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 0.84%
- Avg annual insurance
- $1,100
- Median home price
- $580,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Washington Rules
Washington has no state income tax. Annual property-tax revenue growth is capped at 1% per taxing district under Initiative 747, which keeps effective rates moderate even as assessments rise. Senior Citizen Property Tax Exemption is available to homeowners 61+ with income under the threshold.
Mortgage Calculators for Other States
Related Calculators
Frequently Asked Questions
- Washington's statewide effective property-tax rate is approximately 0.84% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.