Summary answer: On a $750,000 home in the City of Fairfax with 10% down at today's rates (~6.65%), expect a total monthly payment of roughly $5,350-$5,650 including principal, interest, property taxes, insurance, and PMI. This is a highly realistic scenario for Fairfax, sitting right around the city's own median.
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The full breakdown
| Cost Component | Estimated Monthly Amount |
|---|---|
| Principal & interest (10% down, $675,000 loan, 6.65%) | ~$4,340 |
| Property tax ($750K home, $1.055/$100) | ~$659 |
| Homeowners insurance | ~$160 |
| PMI (10% down) | ~$235-$275 |
| Total | ~$5,394-$5,434 |
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