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Lewis County Conventional Mortgage Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Lewis County, West Virginia based on real HMDA transaction records.

Loan Details

Lewis County, WV Benchmarks

Conventional averages
Typical Property Value$232,022
Average Down Payment24.0%
Average Interest Rate7.331%
Effective Tax Rate0.42%
Median Tax Paid$692/yr
Tax Growth (Historical)+5.0%
Based on 178 regional loans totaling $20,970,000 (HMDA database).
$
%

$55,685 down · $176,337 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$81 / month

$

Annual premium

$

Per month

%

Not required at 20%+ down

Estimated Monthly Payment

$1,444/mo

  • Principal & Interest$1,213
  • Property Tax$81
  • Home Insurance$150
Amortization · Remaining Balance

Loan Amount

$176,337

Total Interest

$260,167

Total of Payments

$436,504

Local Market Insights

Lewis County Conventional Mortgage Overview

Lewis County’s conventional market shows buyers putting down a robust 24.01%, resulting in a 75.99% loan-to-value ratio. This strong equity position typically eliminates the need for private mortgage insurance (PMI) from the start, as you already have over 20% equity. With an average property value of $232,022.47 and a 7.331% rate, the effective property tax rate of just 0.42% keeps monthly costs low, though the recent 5.0% inflation-adjusted tax increase will gradually raise payments. For those using a conventional loan with taxes in Lewis County, WV, this data confirms a low-risk, owner-occupied market where buyers avoid PMI entirely.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.