CALCMONEY // MORTGAGE // VA // RICHMOND // 23233
ZIP CODE ANALYSISHyper-local mortgage data for ZIP 23233 in Richmond, VA.
$720,000
$576,000
$4,544
$194,723/yr
| Down Payment | Home Price | Loan Amount | Monthly P&I | Total Monthly | Rate |
|---|---|---|---|---|---|
| 10% Down | $720,000 | $648,000 | $4,268 | $5,018 | 6.9% |
| 20% Down | $720,000 | $576,000 | $3,794 | $4,544 | 6.9% |
| 25% Down | $720,000 | $540,000 | $3,556 | $4,306 | 6.9% |
Total monthly includes principal & interest, property tax (0.85% annual), and estimated homeowners insurance. PMI not included.
Short Pump (ZIP 23233) sits within Richmond, Virginia with a median home price of $720,000 — significantly above the Richmond city-wide median of $350,000. At 80% LTV, the typical loan of $576,000 remains within conforming loan limits, keeping conventional financing accessible.
Property taxes in ZIP 23233 run 0.85% annually, adding $510 per month on the median home. Median household income in this neighborhood is approximately $128,000, placing the price-to-income ratio at 5.6x. Virginia levies a state income tax, which reduces take-home pay and should be factored into your maximum monthly payment calculation.