TrueAffordHome Affordability by State
What can you afford in Virginia?
A baseline estimate for a household earning $90,000 a year gross, with typical debts and expenses, a $30,000 down payment, and a 740-759 credit score — using Virginia's own property tax and insurance data rather than a national average. Every assumption is editable in the full calculator below.
Virginia's effective property tax rate is around 0.78% of home value per year — the 25th lowest in the country. Average homeowner's insurance runs near $1,740/year on a $300,000 home — the 18th lowest.
Comfortable
$257,411
Stretch
$320,709
Risky ceiling
$359,978
A lender would likely approve up to $359,978 on this baseline in Virginia — but this household's own budget, once real expenses are counted, can only sustain $320,709. That $39,269 gap is exactly the kind of overreach this calculator exists to flag before it becomes a monthly deficit.
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