Columbia, MD mortgage calculator

Columbia
Mortgage
Calculator

Columbia is a master-planned community midway between Baltimore and DC, known for top-rated schools and extensive HOA-managed amenities. Howard County's property tax rate is moderate, but HOA fees are a standard part of the monthly cost here.

1.02% county property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,967
P&I · Taxes · Insurance
Total interest
$477,788
Principal & Interest$2,372/mo
Property Tax (1.02%)$400/mo
Homeowners Insurance$196/mo

Recommended for incomes above $130k/yr (28% DTI rule)

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1.02%
Columbia area property tax rate
$470,000
Columbia median home price
$2,967
est. monthly payment at defaults

Columbia housing market

$470,000
Median home price
$115,000
Median household income
104,681
City population

The 1.02% property tax rate reflects the county-level effective rate for Columbia 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 Columbia buyers. Many Columbia properties also carry HOA fees — the area average is approximately $250/month, which is not included in the calculator above.

Rate history

FAQ

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