CALCMONEY // MORTGAGE // DC
Calculate your monthly mortgage payment using District of Columbia-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$645,000
6.9%
0.56%
4%–10.75%
How today's 6.9% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.9% | — |
| 2024 avg | 7.32% | -0.42% |
| 2023 avg | 7.75% | -0.85% |
| 2022 peak | 7.58% | -0.68% |
| 2021 avg | 3.50% | +3.40% |
| 2020 avg | 3.30% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for District of Columbia market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $3,398 |
| Property Tax | $301 |
| Homeowners Insurance (est.) | $215 |
| Total Monthly Payment (PITI) | $3,914 |
$129,000
$707,416
$167,759/yr
Statewide, District of Columbia's median home price runs $645,000, 54% above the $420,000 national median. The 7.1x price-to-income ratio here is measured against a $90,800 median household income.
Property taxes in District of Columbia average 0.56% of assessed value, below the 1.1% national average. On the median home, that's $3,612 a year, or $301 added to the monthly payment.
District of Columbia levies a state income tax of 4%–10.75% on top of the $3,914/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Day-to-day expenses statewide track at 142 against the national 100 baseline, above average once you look past the mortgage payment itself.
District of Columbia's median home price runs 6% higher than Massachusetts: $610,000 there versus $645,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $516,000 loan saves $23,220 in interest over 30 years.
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