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Washington (WA) · West Real Estate Profile

Washington Mortgage Payment & Property Tax Guide

Calculate your exact monthly housing expense in Washington. In Washington, the effective statewide property tax rate averages 0.88% and homeowners insurance averages 0.42% of home market value. Explore 25 pre-calculated loan scenarios below.

Effective Property Tax0.88%
Homeowners Insurance0.42%
Median Home Price$585,000
Conforming Loan Limit$766,550
Property Tax Context for Washington: At 0.88%, a median-priced home of $585,000 pays roughly $5,148 per year in property taxes ($429/month). Millage rates vary across counties and municipalities.
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Check Take-Home Pay Across All 50 States on AfterTaxMath

See exact net salary, state income tax withholding, and FICA deductions for Washington residents.

View Washington Tax Tables →

Monthly Payment Benchmarks in Washington (30-Year Fixed at 6.50%%)

Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:

Loan AmountEst. Home Value30-Yr P&IWA Property TaxTotal PITI/moRequired SalaryDetails
$150,000$187,500$948/mo$138/mo$1,151/mo$49,000/yrView schedule →
$250,000$312,500$1,580/mo$229/mo$1,919/mo$82,000/yrView schedule →
$350,000$437,500$2,212/mo$321/mo$2,686/mo$115,000/yrView schedule →
$450,000$562,500$2,844/mo$413/mo$3,454/mo$148,000/yrView schedule →
$550,000$687,500$3,476/mo$504/mo$4,221/mo$181,000/yrView schedule →
$750,000$937,500$4,741/mo$688/mo$5,756/mo$247,000/yrView schedule →
$1,000,000$1,250,000$6,321/mo$917/mo$7,675/mo$329,000/yrView schedule →

Browse all 25 loan amounts in Washington

Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:

$100k in WA$767/mo$150k in WA$1,151/mo$200k in WA$1,535/mo$250k in WA$1,919/mo$300k in WA$2,302/mo$350k in WA$2,686/mo$400k in WA$3,070/mo$450k in WA$3,454/mo$500k in WA$3,837/mo$550k in WA$4,221/mo$600k in WA$4,605/mo$650k in WA$4,989/mo$700k in WA$5,372/mo$750k in WA$5,756/mo$800k in WA$6,140/mo$850k in WA$6,524/mo$900k in WA$6,907/mo$950k in WA$7,291/mo$1 million in WA$7,675/mo$1.1 million in WA$8,442/mo$1.2 million in WA$9,210/mo$1.3 million in WA$9,977/mo$1.4 million in WA$10,745/mo$1.5 million in WA$11,512/mo$2 million in WA$15,350/mo

Explore neighboring West states

Compare mortgage payment benchmarks and property taxes across neighboring West jurisdictions:

Alaska (1.18% tax)View guide →Arizona (0.60% tax)View guide →California (0.73% tax)View guide →Colorado (0.55% tax)View guide →Hawaii (0.31% tax)View guide →Idaho (0.63% tax)View guide →

Closing Costs & Transfer Tax in Washington

Graduated real estate excise tax (REET) is 1.1% on portion up to $525k, 1.28% from $525k-$1.525M, and up to 3.0% on portion over $3.025M.