Total monthly cost of ownership
Cost to Own a Home in Loch Lomond, Virginia
A $413,000 home here costs
$3,286per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $141,000 a year.
A standard mortgage calculator would have told you $2,252. The real number is $1,035 higher every month, 46% more than the payment most buyers budget for.
Compare Prince William County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Loch Lomond from a five-year rolling sample, and with about 4,460 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Prince William County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Loch Lomond against Prince William County and Virginia
| Measure | Loch Lomond | Prince William County |
|---|---|---|
| Median home value | $412,900 | $500,600 |
| Median property tax | $4,067 | $4,910 |
| Effective tax rate | 0.985% | 0.981% |
| Median gross rent | $2,234 | $2,002 |
| Population | 4,460 | 484,625 |
The weather behind that power bill
Loch Lomond sits in Prince William County, which averages a high of 88.0°F in its hottest month and a low of 28.3°F in its coldest, with 41.03" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,512 cooling and 4,002 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Prince William County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Prince William County
Full Prince William County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Loch Lomond averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Loch Lomond every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Loch Lomond I already own here and may sell
Common questions
How much does it cost to own a home in Loch Lomond?
A $413,000 home in Loch Lomond, Virginia costs approximately $3,286 per month with 20% down at 7.24%. That is $2,252 principal and interest, $339 property tax, $102 homeowners insurance, $250 utilities and $344 set aside for maintenance.
What is the property tax rate in Loch Lomond?
Loch Lomond has an effective property tax rate of 0.985%, based on a median home value of $412,900 and median real estate taxes of $4,067. That is in line with the Prince William County average of 0.981%.
What is the average home price in Loch Lomond?
The median owner-occupied home value in Loch Lomond, Virginia is $412,900, against $500,600 across Prince William County.
Is it cheaper to rent or buy in Loch Lomond?
Median gross rent in Loch Lomond is $2,234 a month, against $3,286 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Loch Lomond?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Loch Lomond, Virginia at today's rate takes a household income of roughly $141,000 a year. That covers the full $3,286 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Loch Lomond, 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.