CALCMONEY // MORTGAGE // MD
Calculate your monthly mortgage payment using Maryland-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$433,112
6.76%
0.92%
2%–6.5%
How today's 6.76% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.76% | — |
| 2024 avg | 7.18% | -0.42% |
| 2023 avg | 7.61% | -0.85% |
| 2022 peak | 7.44% | -0.68% |
| 2021 avg | 3.36% | +3.40% |
| 2020 avg | 3.16% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Maryland market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $2,250 |
| Property Tax | $332 |
| Homeowners Insurance (est.) | $144 |
| Total Monthly Payment (PITI) | $2,726 |
$86,622
$463,377
$116,831/yr
Maryland homebuyers face a $433,112 median price, 3% above the national figure. Against the state's $102,905 median household income, that's a 4.2x price-to-income ratio.
Maryland's 0.92% average property tax rate runs below the 1.1% national average, working out to $332/month on the median home here.
Unlike the nine no-income-tax states, Maryland taxes wage income at 2%–6.5%. Worth running your actual take-home pay against the $2,726/month payment here before locking in a target price.
Maryland's cost of living index is 117, above the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Maryland's median home price runs 3% higher than Maine: $421,966 there versus $433,112 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $346,490 loan saves $15,592 in interest over 30 years.
Compare Top Maryland Mortgage Lenders