State-specific mortgage calculator
District of Columbia mortgage calculator
Estimate your monthly mortgage payment in District of Columbia using this week’s Freddie Mac benchmark plus District of Columbia-specific property tax and insurance defaults. Every input is editable, and borrower comparisons will appear as the dataset grows.
Median home price
$350,000
District of Columbia 2024-25
20% down payment
$70,000
Loan $280,000
Property tax
1.10%
~$321/mo on this example
Insurance
$1,500
~$125/mo
Mortgage calculator
Your rate starts at this week’s Freddie Mac national average. Change it to the rate you were actually quoted.
Your scenario
Estimated monthly payment
$3,111
Principal & interest$2,669
Property tax$233
Home insurance$208
Loan amount
$400,000
LTV 80.0%
Total interest paid
$560,939
over 30 years
Total cost of loan
$960,939
excluding tax + insurance
What a better rate is worth
Principal + interest on your $400,000 loan at nearby rates.
| Rate | Monthly P+I | vs yours / mo | Over 5 years |
|---|---|---|---|
| 6.530% | $2,536 | −$133 | −$7,986 |
| 6.780% | $2,602 | −$67 | −$4,014 |
| 7.030%yours | $2,669 | — | — |
| 7.280% | $2,737 | +$68 | +$4,055 |
Year-by-year amortization schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | $4,040 | $27,991 | $395,960 |
| 2 | $4,333 | $27,698 | $391,627 |
| 3 | $4,648 | $27,384 | $386,979 |
| 4 | $4,985 | $27,046 | $381,994 |
| 5 | $5,347 | $26,684 | $376,647 |
| 6 | $5,735 | $26,296 | $370,911 |
| 7 | $6,152 | $25,879 | $364,759 |
| 8 | $6,599 | $25,433 | $358,161 |
| 9 | $7,078 | $24,954 | $351,083 |
| 10 | $7,592 | $24,440 | $343,491 |
| 11 | $8,143 | $23,888 | $335,348 |
| 12 | $8,734 | $23,297 | $326,614 |
| 13 | $9,368 | $22,663 | $317,246 |
| 14 | $10,049 | $21,983 | $307,197 |
| 15 | $10,778 | $21,253 | $296,419 |
| 16 | $11,561 | $20,470 | $284,858 |
| 17 | $12,400 | $19,631 | $272,458 |
| 18 | $13,301 | $18,731 | $259,158 |
| 19 | $14,266 | $17,765 | $244,891 |
| 20 | $15,302 | $16,729 | $229,589 |
| 21 | $16,413 | $15,618 | $213,176 |
| 22 | $17,605 | $14,426 | $195,571 |
| 23 | $18,883 | $13,148 | $176,687 |
| 24 | $20,255 | $11,777 | $156,433 |
| 25 | $21,725 | $10,306 | $134,707 |
| 26 | $23,303 | $8,729 | $111,405 |
| 27 | $24,995 | $7,037 | $86,410 |
| 28 | $26,810 | $5,222 | $59,600 |
| 29 | $28,756 | $3,275 | $30,844 |
| 30 | $30,844 | $1,187 | $0 |
Principal + interest only; excludes tax, insurance, and PMI.
More on District of Columbia mortgage rates
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