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Baltimore Mortgage Calculator

Estimate your true cost of homeownership in Baltimore with localized property taxes, insurance, and utility data.

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Est. Total Monthly Cost
$2,037
P&I Payment$1,448
Taxes & Ins$381
Utilities$208
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Mortgage Details

$273,668
Local Median: $273,668
$54,734 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$2,037

Monthly Breakdown

Principal & Interest
$1,448
Property Taxes
$299
Homeowners Ins.
$82
Utilities
$208

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$302,525

Local Housing Facts for Baltimore

  • ·Median home value: $273,668 (adjusted for current market conditions)
  • ·Est. property taxes: $3,590/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $980/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,498/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Baltimore City?

Based on the local median home value, estimated real estate property taxes in Baltimore City are around $3,590 per year.

What is the average home price in Baltimore City?

The median home value in Baltimore City is currently estimated at $273,668.

How much does homeowners insurance cost in Baltimore City?

For a median priced home, homeowners insurance in Baltimore City averages around $980 annually.

What is the true total cost of owning a home in Baltimore City?

True homeownership costs go beyond principal and interest. In Baltimore City, a typical homeowner with a median-priced home of $273,668 can expect to pay roughly $3,590/yr in property taxes, $980/yr for homeowners insurance, and $2,498/yr in energy utilities. That adds approximately $589 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.