๐Ÿ• Maryland

Mortgage Calculator for Maryland Home Buyers

Estimate Maryland mortgage payments including taxes and insurance.

1.00%
Avg Property Tax
$380K
Median Home Price
6.50%
Avg Interest Rate
$2K
Avg Insurance/Year

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About Maryland Mortgages

Marylandโ€™s location near D.C. and Baltimore increases home values; taxes moderate to high.

Maryland Mortgage FAQs

What is the median home price in Maryland?

The median home price in Maryland is $380000.

What is the average property tax rate in Maryland?

The average property tax rate in Maryland is 1.00% per year.

How much do homeowners typically pay for insurance in Maryland?

Homeowners insurance in Maryland averages $1600 per year.

What is the current mortgage interest rate in Maryland?

The current mortgage interest rate in Maryland is approximately 6.50%.

Are property taxes in Maryland higher or lower than the national average?

Property taxes in Maryland are lower than the national average.

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