Maryland Mortgage Calculator
Estimate your monthly mortgage payment in Maryland based on the state median home price of $420K, a 1.09% property tax rate, and $2K/year homeowners insurance.
$84,000
MD avg
Principal & Interest
$2,124
per month
Taxes & Insurance
$524
per month
Total Interest Paid
$429K
over 30 years
Total Loan Cost
$765K
all payments
Payment Breakdown
Loan Amount$336,000
Principal & Interest$2,124
Property Taxes$382
Homeowners Insurance$142
Total Monthly PITI$2,647
Maryland Housing at a Glance
Median Home Price
$420K
Maryland statewide
Property Tax Rate
1.09%
$382/mo on median
Avg Closing Costs
$11K
2.5% of purchase price
Homeowners Insurance
$1,700/yr
$142/mo
Maryland First-Time Buyer Program
MD Mortgage Program
Down payment assistance: Up to $25,000 DPA