Maryland (MD) · South Real Estate Profile
Maryland Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in Maryland. In Maryland, the effective statewide property tax rate averages 1.05% and homeowners insurance averages 0.44% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax1.05%
Homeowners Insurance0.44%
Median Home Price$420,000
Conforming Loan Limit$766,550
Property Tax Context for Maryland: At 1.05%, a median-priced home of $420,000 pays roughly $4,410 per year in property taxes ($368/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View Maryland Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for Maryland residents.
Monthly Payment Benchmarks in Maryland (30-Year Fixed at 6.50%%)
Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:
| Loan Amount | Est. Home Value | 30-Yr P&I | MD Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $164/mo | $1,181/mo | $51,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $273/mo | $1,968/mo | $84,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $383/mo | $2,755/mo | $118,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $492/mo | $3,543/mo | $152,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $602/mo | $4,330/mo | $186,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $820/mo | $5,905/mo | $253,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $1,094/mo | $7,873/mo | $337,000/yr | View schedule → |
Browse all 25 loan amounts in Maryland
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in MD$787/mo$150k in MD$1,181/mo$200k in MD$1,575/mo$250k in MD$1,968/mo$300k in MD$2,362/mo$350k in MD$2,755/mo$400k in MD$3,149/mo$450k in MD$3,543/mo$500k in MD$3,936/mo$550k in MD$4,330/mo$600k in MD$4,724/mo$650k in MD$5,117/mo$700k in MD$5,511/mo$750k in MD$5,905/mo$800k in MD$6,298/mo$850k in MD$6,692/mo$900k in MD$7,085/mo$950k in MD$7,479/mo$1 million in MD$7,873/mo$1.1 million in MD$8,660/mo$1.2 million in MD$9,447/mo$1.3 million in MD$10,235/mo$1.4 million in MD$11,022/mo$1.5 million in MD$11,809/mo$2 million in MD$15,746/mo
Explore neighboring South states
Compare mortgage payment benchmarks and property taxes across neighboring South jurisdictions:
Alabama (0.40% tax)View guide →Arkansas (0.62% tax)View guide →District of Columbia (0.57% tax)View guide →Florida (0.86% tax)View guide →Georgia (0.88% tax)View guide →Kentucky (0.83% tax)View guide →
Closing Costs & Transfer Tax in Maryland
State transfer tax is 0.50% (0.25% for first-time buyers), plus county transfer and recordation taxes.