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Sparks, Nevada Mortgage Calculator & Home Loan Guide

Calculate your monthly mortgage payment for Sparks homes and explore FHA, VA, and conventional loan options with Washoe County's trusted mortgage lender.

Washoe County, NV
Median Home: $505,000
FHA Limit: $571,950

Calculate Your Sparks Mortgage Payment

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Washoe County avg: 0.90% of home value

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Your Estimated Monthly Payment

$3,587
per month
Principal & Interest $3,079
Property Taxes $379
Home Insurance $100
PMI/MIP (if applicable) $223
HOA Fees $0
Get Pre-Approved

*Calculator provides estimates only. Actual rates and payments may vary. Contact FHA Home Loans for personalized Sparks loan quotes.

Mortgage Options for Sparks, Nevada Homebuyers

FHA Loans

Perfect for Sparks first-time buyers with 3.5% down and 580 credit score minimum. FHA limit: $571,950.

  • 3.5% down payment
  • Flexible credit (580+)
  • Gift funds accepted
Learn more about FHA loans →

VA Loans

Zero down for Sparks veterans and military families. No PMI required. VA limit: $766,550.

  • 0% down payment
  • No mortgage insurance
  • Competitive rates
Learn more about VA loans →

Conventional Loans

Best for Sparks buyers with strong credit (680+) and 5-20% down. No loan limits with 20% down.

  • 3-20% down options
  • PMI removable at 20% equity
  • Flexible property types
Learn more about conventional loans →

Sparks, Nevada Housing Market 2025

$505,000
Median Home Price

Up 6.2% from last year, reflecting Sparks' growing tech sector and Reno proximity

28 Days
Avg. Days on Market

Competitive market with homes selling quickly in Spanish Springs and Sparks Marina

0.90%
Property Tax Rate

Washoe County standard rate. Lower than California, higher than rural Nevada

Sparks continues to attract Northern Nevada homebuyers seeking newer construction, family-friendly neighborhoods, and easy access to Reno's employment hubs. Popular areas include Spanish Springs, Victorian Square, and Sparks Marina District. The city's strong economic growth driven by tech companies, warehousing, and manufacturing makes it an excellent long-term investment.

Popular Sparks Neighborhoods

Spanish Springs

$550,000 median

Master-planned community with parks, shopping, and newer homes

Sparks Marina

$475,000 median

Waterfront living with events, dining, and recreation

Victorian Square

$450,000 median

Historic downtown with shops, restaurants, and Victorian charm

Wingfield Springs

$580,000 median

Golf course community with upscale homes and amenities

Ready to Buy a Home in Sparks?

Get pre-approved today and start your Sparks home search with confidence.