Watcharu Finance

Huntington, WV mortgage & affordability calculator

The typical home in Huntington, WV is worth about $130,000. With 20% down that's a loan near $104,000 — the calculator is pre-filled with that figure. Huntington has some of the least expensive housing of any U.S. metro, and Marshall University is one of the few steady economic anchors in a region that has lost population for decades as coal and manufacturing jobs disappeared. West Virginia's low property tax rate keeps the monthly bill modest even by the standards of the region's rock-bottom prices.

$675.23 / month

Total interest
$139,087
Total paid
$243,087
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$26k$52k$78k$104k0612182430Year

How much you need to earn

Huntington, WV's median household income is about $48,000 a year. Under standard 28/36 lending rules that supports a home price around $171,806 with 20% down — comfortably above the $130,000 typical price.

$171,858 max home price

Max loan amount
$145,858
Housing payment budget
$1,120
P&I budget
$947
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Huntington, WV is about $850 a month, so owning the median home costs roughly $1 less per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Huntington, WV?
On the metro's roughly $130,000 typical home with 20% down, the loan is about $104,000. Principal and interest run near $675 a month at today's rate, and Huntington, WV's property tax plus insurance add about $173, for a full payment near $849.
Can I afford a home in Huntington, WV on the median income?
The median household income is about $48,000 a year. Under standard 28/36 lending rules that supports a home price around $171,806 with 20% down — above the $130,000 typical price, so a median home is within reach.
Is it cheaper to rent or buy in Huntington, WV?
Typical asking rent is about $850 a month. The full owner payment on a median home is near $849, so owning costs roughly $1 less per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Huntington, WV?
The effective property tax rate in the core county is about 0.60% of market value — roughly $780 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Huntington, WV rising or falling?
Home values are up about 2% over the past year. Huntington has some of the least expensive housing of any U.S. metro, and Marshall University is one of the few steady economic anchors in a region that has lost population for decades as coal and manufacturing jobs disappeared. West Virginia's low property tax rate keeps the monthly bill modest even by the standards of the region's rock-bottom prices.

Nearby metros

← All West Virginia mortgage figures

← All metro calculators