CALCMONEY // MORTGAGE // MD // BALTIMORE // 21228
ZIP CODE ANALYSISHyper-local mortgage data for ZIP 21228 in Baltimore, MD.
$490,000
$392,000
$3,194
$136,895/yr
| Down Payment | Home Price | Loan Amount | Monthly P&I | Total Monthly | Rate |
|---|---|---|---|---|---|
| 10% Down | $490,000 | $441,000 | $2,904 | $3,517 | 6.9% |
| 20% Down | $490,000 | $392,000 | $2,582 | $3,194 | 6.9% |
| 25% Down | $490,000 | $367,500 | $2,420 | $3,033 | 6.9% |
Total monthly includes principal & interest, property tax (1.1% annual), and estimated homeowners insurance. PMI not included.
Catonsville (ZIP 21228) sits within Baltimore, Maryland with a median home price of $490,000 — significantly above the Baltimore city-wide median of $310,000. At 80% LTV, the typical loan of $392,000 remains within conforming loan limits, keeping conventional financing accessible.
Property taxes in ZIP 21228 run 1.1% annually, adding $449 per month on the median home. Median household income in this neighborhood is approximately $85,000, placing the price-to-income ratio at 5.8x. Maryland levies a state income tax, which reduces take-home pay and should be factored into your maximum monthly payment calculation.