Why Maryland Home Buyers Choose Our Calculator
Maryland's complex county transfer tax system means generic calculators give you wrong numbers. Our calculator includes:
- All 23 Maryland counties with exact transfer tax rates - from Somerset's 0.33% to Baltimore City's variable rates that can exceed 1.5% on higher-priced homes!
- State + county transfer taxes calculated separately
- Complete Maryland closing costs including title insurance, recording fees, settlement costs, and properly calculated escrow accounts that other calculators often get wrong or skip entirely
🏠 Maryland Home Loan Calculator
Calculate your monthly payment and closing costs with Maryland-specific rates and county fees
Smart Maryland Home Buying Starts Here
Get accurate estimates including Maryland transfer taxes, county-specific rates, and all closing costs. See exactly what you'll pay each month and at closing - no surprises!
Your Loan Details
Important Disclaimer: Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing your loan.
Mortgage rates change daily. This calculator provides estimates based on current market conditions and typical fees.
The APR reflects the cost of your mortgage loan as a yearly rate including interest, points, and other fees.
*PMI Estimate Notice: For conventional loans with less than 20% down payment, the private mortgage insurance (PMI) shown is an estimate. Your actual PMI rate will be determined by your credit score, debt-to-income ratio, loan-to-value ratio, and the number of borrowers on the loan. Final PMI rates are set by the mortgage insurance company at the time of underwriting.
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What's Happening in the Baltimore Metro Housing Market?
Stay ahead of the Baltimore Metro's changing market with data-driven insights. I believe inventory levels are the #1 driver of housing market behavior - when you understand supply and demand, you can make smarter buying and selling decisions.
That's why I use Altos Research Reports as the foundation of my market analysis. Their real-time data tracks everything from price trends to days on market, giving you the clearest picture of what's actually happening in Baltimore Metro neighborhoods.
Click the chart to explore the full Altos dashboard and see detailed breakdowns of inventory trends, median list prices, market action, and price changes across the Baltimore region.
For weekly video analysis of these trends and what they mean for your next move, check out my YouTube Market Update Playlist, where I break down the numbers in plain English.
The bottom line: In today's market, guessing is expensive. Data-driven decisions save you time and money.
Maryland Home Loan Calculator FAQ's
This calculator was created by John Downs, a mortgage loan officer with over 25 years of experience closing loans throughout Washington, DC, Virginia, and Maryland. After helping thousands of homebuyers navigate our region's unique costs and programs, John built this tool to provide the accurate, local calculations that generic calculators miss.
Unlike generic mortgage calculators that only estimate payments and use rough estimates, such as 'closing costs equal 3% of sale price,' this Maryland mortgage calculator includes the county's actual transfer tax formula, precise local title insurance rates, accurate county property tax estimates, and exact upfront and monthly PMI calculations when required. Most online calculators miss these critical details, but this one is dialed in perfectly to give you real cash-to-close numbers you can count on. No other online calculator provides this level of Maryland-specific accuracy.
An official loan estimate from our Maryland mortgage specialists provides mortgage rates and PMI (if applicable) tailored to your exact credit score, down payment, debt-to-income ratio, and property type. For specific properties, we pull the actual County tax records to calculate your precise property tax payment - no estimates.
