Federal Way, WA

Federal Way Cash-Out Refinance Calculator

Calculate your maximum cash-out amount in Federal Way, King County. Median home value: $510,000 | 2026 conforming limit: $1,149,825.

Your Property Details

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Federal Way, King County median: $510,000

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Federal Way, King County Market Snapshot

Conforming Limit
$1,149,825
5-Year Appreciation
52.0%
Avg Property Tax Rate
1.05%
Est. Annual Tax
$5,355

Your Equity Position

Current Equity

$204,000

Current LTV

60.0%

Maximum Cash-Out by LTV

80% LTV

Max New Loan

$408,000

Cash Available

$102,000

85% LTV

Max New Loan

$433,500

Cash Available

$127,500

90% LTV

Max New Loan

$459,000

Cash Available

$153,000

5-Year Projection for Federal Way, King County

Based on 52.0% historical appreciation in Federal Way, King County, Washington:

Projected Value (5yr)

$775,200

Projected Equity Gain

$265,200

Calculations are estimates for educational purposes only. Actual loan amounts depend on credit score, DTI ratio, property appraisal, and lender guidelines. Conforming loan limit for Federal Way, King County is $1,149,825 (2026 FHFA). Contact Mo Abdel at (949) 822-9662 for a personalized analysis. NMLS #1426884 | Lumin Lending NMLS #2716106.

Frequently Asked Questions

What is the 2026 conforming loan limit for Federal Way, Washington?

Federal Way is in King County, which has a 2026 FHFA conforming loan limit of $1,149,825. This limit applies to all cities within the county. Loans exceeding this amount require jumbo financing.

How much equity can I access through a cash-out refinance in Federal Way?

With Federal Way's median home value of $510,000, a homeowner with 40% equity could access approximately $102,000 at 80% LTV. Enter your actual home value and mortgage balance above for a personalized calculation.

What property tax rate applies in Federal Way, King County?

The average effective property tax rate in Federal Way is 1.05%. On a home valued at $510,000, that's approximately $5,355 per year. Property taxes are factored into your total PITI payment.

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