Total monthly cost of ownership
Cost to Own a Home in Chatmoss, Virginia
A $223,000 home here costs
$1,704per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,146. The real number is $558 higher every month — 49% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Chatmoss against Henry County and Virginia
| Measure | Chatmoss | Henry County |
|---|---|---|
| Median home value | $223,400 | $120,300 |
| Median property tax | $1,094 | $604 |
| Effective tax rate | 0.490% | 0.502% |
| Median gross rent | — | $705 |
| Population | 1,503 | 50,365 |
The weather behind that power bill
Chatmoss sits in Henry County, which averages a high of 88.0°F in its hottest month and a low of 23.8°F in its coldest, with 47.35" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,085 cooling and 4,342 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Henry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Henry County
Common questions
How much does it cost to own a home in Chatmoss?
A $223,000 home in Chatmoss, Virginia costs approximately $1,704 per month with 20% down at 6.66%. That is $1,146 principal and interest, $91 property tax, $55 homeowners insurance, $226 utilities and $186 set aside for maintenance.
What is the property tax rate in Chatmoss?
Chatmoss has an effective property tax rate of 0.490%, based on a median home value of $223,400 and median real estate taxes of $1,094. That is lower than the Henry County average of 0.502%.
What is the average home price in Chatmoss?
The median owner-occupied home value in Chatmoss, Virginia is $223,400, against $120,300 across Henry County.
Is it cheaper to rent or buy in Chatmoss?
Rent data is not published for Chatmoss at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Chatmoss — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.