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Baltimore County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Baltimore County, Maryland based on real HMDA transaction records.

Loan Details

Baltimore County, MD Benchmarks

FHA averages
Typical Property Value$365,092
Average Down Payment10.1%
Average Interest Rate6.308%
Effective Tax Rate0.96%
Median Tax Paid$3,736/yr
Tax Growth (Historical)-0.6%
Based on 3,253 regional loans totaling $1,039,335,000 (HMDA database).
$
%

$36,874 down · $328,218 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$292 / month

$

Annual premium

$

Per month

%

$139 / month

Estimated Monthly Payment

$2,651/mo

  • Principal & Interest$2,069
  • Property Tax$292
  • Home Insurance$150
  • FHA MIP$139
Amortization · Remaining Balance

Financed Loan Amount

$333,962

Total Interest

$410,989

Total of Payments

$744,951

*Includes financed FHA Upfront MIP of $5,744

Local Market Insights

Baltimore County FHA Mortgage Overview

Baltimore County’s FHA market shows accessible entry via a 10.07% down payment on a $365,092 average property, though this triggers mandatory Mortgage Insurance Premiums (MIP) for the loan’s life, ideal for buyers with sub-620 credit. With an 89.93% loan-to-value ratio and 100% primary occupancy, the risk profile suits owner-occupants. The 0.96% effective property tax rate and -0.6% inflation-adjusted decline slightly improve monthly affordability. For precise budgeting, consider an FHA loan down payment assessment with PMI and taxes in Baltimore County, MD, or evaluate Baltimore County FHA mortgage projections with property taxes and loan limits.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.