Montgomery County, Maryland Mortgage Calculator - Estimate Your Monthly Payment with Taxes, PMI & Insurance
Montgomery County uses a local property-tax benchmark for high-value Washington, DC suburbs. Use a $400,000 worked example: combine this county's configured tax rate with P&I at your rate and term to estimate monthly PITI before HOA or PMI.
Loan Details
$70,000 · LTV 80%
Buyer Profile
Extra Payment
Optional principal-only payment used to estimate payoff speed and interest savings.
Monthly Payment
$1,770 Principal & Interest · $292 Property Taxes · $125 Other
Embed this calculator
Paste the HTML below into your site or CMS (WordPress Custom HTML, static pages, docs). The iframe loads a lightweight, noindex surface of this tool. Keep the attribution link so visitors can open the full calculator on dailycalcs.com.
- Width is responsive (100%); default height is 900px — raise it if your theme clips the form.
- Host page should be HTTPS; iframe src is always HTTPS.
- Do not remove the “Powered by dailycalcs.com” link — it points to the canonical tool page.
Methodology and limitations
Last reviewed:
Methodology
Uses standard principal-and-interest mortgage math, then models housing-cost inputs such as tax, insurance, PMI, and extra-payment scenarios where available. National pages include worked PITI, term, and PMI comparison examples for planning. Local HMDA denial context and Freddie Mac PMMS rate history snapshots were re-verified on the last-reviewed date.
Limitations
Planning estimate only. Actual approval, escrow, PMI, fees, taxes, insurance, and closing disclosures depend on lender, property, borrower profile, and local rules.
Montgomery County, Maryland Mortgage Calculator - Estimate Your Monthly Payment with Taxes, PMI & Insurance
Maryland
Montgomery County uses a local property-tax benchmark for high-value Washington, DC suburbs. Use a $400,000 worked example: combine this county's configured tax rate with P&I at your rate and term to estimate monthly PITI before HOA or PMI.
Use this mortgage calculator for Montgomery County, Maryland to estimate the monthly payment with principal, interest, configured annual taxes, eligible exemptions, and assistance programs when the buyer profile matches the conditions.
Enter your income to see your approval odds in Montgomery County, Maryland — based on 11,937 2025 HMDA applications.
What This Estimate Uses
- Geographic level: county
- Configured property tax rate: 1.00%
- Configured benefits or exemptions: 2
- Reviewed sources: 4
What Changes in Montgomery County, Maryland
- Data level used: county. This page uses the most specific available data layer for Montgomery County, Maryland.
- Configured combined annual property tax rate: 1.00% before exemptions and buyer-specific conditions are applied.
- Configured down payment assistance programs: Maryland Mortgage Program Down Payment Assistance.
Local Tax Assumptions
These are the annual tax assumptions configured for this page. The calculator applies them to the appropriate value, then accounts for exemptions or conditions when the buyer selects them.
- Maryland Local Property Tax - 1.000%
Programs and Exemptions Included
These benefits do not mean automatic approval. The calculator models them when the buyer inputs match the configured eligibility conditions.
- Maryland Mortgage Program Down Payment Assistance - $6,000 (requires: first-time buyer, primary residence)
- Mortgage Credit Certificate (MCC) - 20% of mortgage interest (requires: first-time buyer, primary residence, buyer has a Mortgage Credit Certificate)
When This Estimate Can Change
- The actual property tax bill depends on the address, overlapping taxing jurisdictions, approved exemptions, and appraised value.
- Home insurance, flood insurance, HOA dues, and PMI can vary by property, lender, and buyer profile.
- Configured closing costs include Maryland State Transfer Tax, Maryland Recordation Tax, but other settlement charges may appear on a real loan estimate.
2026 Loan Limits in Montgomery County, Maryland
In Montgomery County, Maryland, the 2026 FHFA conforming loan limit for a one-unit home is $1,249,125. The approximated FHA one-unit limit is $1,249,125. The national baseline is $832,750; this county is a high-cost area.
| Units | Conforming (FHFA) | FHA (approx.) |
|---|---|---|
| 1-unit (single-family) | $1,249,125 | $1,249,125 |
| 2-unit | $1,599,375 | $1,599,480 |
| 3-unit | $1,933,200 | $1,933,200 |
| 4-unit | $2,402,625 | $2,402,250 |
National baseline (1-unit): $832,750 · High-cost area
Source: FHFA conforming loan limits 2026 · Snapshot verified · Methodology & CSV
2025 Local Home-Purchase Mortgage Market in Montgomery County, Maryland
Local home-purchase mortgage market context for Montgomery County, Maryland: in 2025 Home Mortgage Disclosure Act (HMDA) data, Montgomery County logged 11,937 final-action applications. The mortgage denial rate was 7.01% and the originated share was 72.19%.
| Metric | Montgomery County | State |
|---|---|---|
| Final-action applications | 11,937 | 91,510 |
| Mortgage denial rate | 7.01% | 9.03% |
| Originated share | 72.19% | 69.65% |
Source: FFIEC HMDA (modified LAR, home purchase) 2025 · Snapshot verified · Texas vs California mortgage denial rates (methodology)
ACS 2019-2023 Housing Costs in Montgomery County, Maryland
In ACS 2023 (2019-2023), the median home value in Montgomery County, Maryland is $615,200; the median effective property tax rate (taxes ÷ value) is 0.87%; the median price-to-income ratio is 4.8×; 25.9% of owners with a mortgage pay ≥30% of income on housing.
| Metric | Montgomery County |
|---|---|
| Median home value | $615,200 |
| Median real estate taxes | $5,341 |
| Median household income | $128,733 |
| Median monthly owner costs (w/ mortgage) | $2,898 |
| Median effective tax rate (tax ÷ value) | 0.87% |
| Price-to-income ratio | 4.8× |
| Cost burden ≥30% (with mortgage) | 25.9% |
Source: U.S. Census Bureau ACS 5-year 2023 · Snapshot verified
Nearby location comparison
Planning comparison on a $400,000 home with 20% down, 6.5% fixed for 30 years, and $100/mo insurance. Monthly tax uses each page's configured property tax rate.
| Location | Est. property tax rate | Est. monthly tax | Est. monthly PITI |
|---|---|---|---|
| Montgomery County (this page) | 1.00% | $333 | $2,456 |
| Anne Arundel County | 1.00% | $333 | $2,456 |
| Baltimore City | 2.40% | $800 | $2,923 |
| Baltimore County | 1.10% | $367 | $2,489 |
| Frederick County | 1.10% | $367 | $2,489 |
| Howard County | 1.10% | $367 | $2,489 |
Local Data and Sources
Last editorial verification: May 15, 2026. This page combines the official data layers configured for Montgomery County, Maryland.
The sources used on this page are Consumer Financial Protection Bureau mortgage cost guidance, Maryland real property tax, Maryland transfer and recordation taxes, Maryland Mortgage Program. Each source lists which rate, exemption, or program it validates and when it was last reviewed.
- Consumer Financial Protection Bureau mortgage cost guidance - verified May 3, 2026 - General U.S. mortgage closing-cost and mortgage-cost guidance.
- Maryland real property tax - verified May 15, 2026 - Official SDAT source for Maryland real property and assessment information.
- Maryland transfer and recordation taxes - verified May 15, 2026 - Official SDAT source for Maryland transfer tax and recordation tax guidance.
- Maryland Mortgage Program - verified May 15, 2026 - Official source for Maryland Mortgage Program homebuyer assistance.
Frequently Asked Questions
What Maryland closing taxes are modeled?
The state estimate includes Maryland state transfer tax and a recordation tax planning estimate. Use this state mortgage calculator to combine that assumption with principal, interest, insurance, and PMI, then drill into county or city pages when you have a specific address.
What Maryland assistance is modeled?
The calculator models Maryland Mortgage Program down payment assistance for eligible first-time buyers. Use this state mortgage calculator to combine that assumption with principal, interest, insurance, and PMI, then drill into county or city pages when you have a specific address.
What is a sample Maryland PITI on $400,000?
With 20% down at 6.5% for 30 years, principal and interest are about $2,023. At ~1.10% statewide property-tax planning rate, monthly escrow is about $367; with $100 insurance, estimated PITI is about $2,490 without PMI. Drill into county or city calculators for address-level millage.
Why include Montgomery County?
Montgomery County is one of Maryland's highest-volume and highest-value mortgage markets in the Washington, DC suburbs. Buyers often need a local tax escrow assumption before comparing condo fees, commute tradeoffs, and loan programs, which is why this county calculator models PITI with a Montgomery-specific rate overlay.
How much property tax should Montgomery County buyers escrow monthly?
Multiply the configured Montgomery County property tax rate by purchase or assessed value, then divide by 12. On a $400,000 example at 1.0%, annual tax is $4,000 (~$333/month) before homestead credits or municipal add-ons. Confirm the parcel rate with the county for a precise escrow.
Does Montgomery County offer first-time buyer assistance?
Maryland and Montgomery County periodically offer down payment or settlement assistance with income and purchase-price caps. This calculator surfaces state-layer benefits when configured; always verify current MCC or DPA eligibility with the housing agency and your lender before counting assistance in cash-to-close plans.