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.