Mortgage Calculator for Maryland
Pre-filled with Maryland's average home price of $400000, property tax rate of 0.92%, and average insurance of $1700/year. Adjust any value below.
1 Loan Details
2 Monthly Costs (Maryland averages pre-filled)
Include PMI
Required when down payment < 20%
Estimated Monthly Payment
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Enter your loan details to see your payment
Total Interest Paid
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Over loan lifetime
Total Cost
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Principal + interest
Loan Amount
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Amount financed
Down Payment
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Of home price
Monthly Payment Breakdown
Balance Over Time
Rate Comparison
How your payment changes with different interest rates
| Rate Scenario | Monthly P&I | Total Interest |
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| Enter loan details above to see rate scenarios | ||
Amortization Schedule
Full month-by-month payment breakdown
| Month | Year | Payment | Principal | Interest | Balance |
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Maryland Housing Market
Maryland's housing market is heavily influenced by the DC metro economy. Montgomery and Prince George's counties — suburban DC — command premium prices driven by federal employment and contractor jobs. Baltimore city offers more affordable options.
Affordability in Maryland
Suburban DC in Montgomery County has medians exceeding $550,000, while Baltimore city neighborhoods offer much more accessible entry points. Western Maryland counties remain affordable for buyers willing to commute or work remotely.
Key Markets
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