Compare mortgage rates and fees for leading lenders in Tuckahoe, VA. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Tuckahoe.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Tuckahoe. Plus, shopping lenders is free and there is no obligation.
September 26, 2020
The current average rate for a 30 year fixed rate mortgage in Tuckahoe is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
Below we provide helpful information on the real estate market, home prices and housing affordability in Tuckahoe. Understand how much you need to earn to afford a home in Tuckahoe, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Tuckahoe fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Tuckahoe is right for you.
The median home value for Tuckahoe, VA (Henrico County) is $273,570
Based on current mortgage rates and a 10% down payment, you need to make $49,235 per year to buy the median priced home in Tuckahoe
With this income, you could qualify for a $246,213 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Tuckahoe is $1,140
The median household income for Tuckahoe, VA (Henrico County) is $70,078
Based on this income, you can afford a home valued at approximately $389,377
The home price you can afford to buy based on household income in Tuckahoe is 142% of the median home value which means housing prices are average. Tuckahoe (Henrico County) ranks 93 out of 133 counties in Virginia and 2,630 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Tuckahoe, VA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Tuckahoe (Henrico County) below.
Conforming loan limits for Tuckahoe, VA
FHA loan limits for Tuckahoe, VA
VA loan limits for Tuckahoe, VA