Baltimore, MD mortgage calculator

Baltimore
Mortgage
Calculator

Baltimore is Maryland's largest city, with a port, healthcare, and biotech economy anchored by Johns Hopkins. Baltimore City's property tax rate is among the highest in the state, a critical factor even with home prices well below the DC suburbs.

2.25% county property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$1,614
P&I · Taxes · Insurance
Total interest
$223,645
Principal & Interest$1,110/mo
Property Tax (2.25%)$413/mo
Homeowners Insurance$92/mo

Recommended for incomes above $70k/yr (28% DTI rule)

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2.25%
Baltimore area property tax rate
$220,000
Baltimore median home price
$1,614
est. monthly payment at defaults

Baltimore housing market

$220,000
Median home price
$55,000
Median household income
569,931
City population

The 2.25% property tax rate reflects the county-level effective rate for Baltimore and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Maryland average — county-level data produces more accurate monthly payment estimates for Baltimore buyers. Many Baltimore properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.

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