The calculator below is pre-filled with Prince George's County's own property tax rate and insurance average (expand "More options" to see or edit them) — not just Maryland's statewide figures.

Prince George's County at a glance

Effective property tax rate: 1.12% of home value / year
Median home price: $465,000
Homeowners insurance (avg/year): $1,984
Conforming loan limit (1-unit, 2026): $1,249,125

County data last updated 2026-08-20. FIPS 24033. Full source list on /methodology.

Prince George's County, MD mortgage payment calculator

All-in cost first, always — pre-filled with Prince George's County tax and insurance figures. Estimate only, not a loan quote or pre-approval.

Not your state? Find your calculator here.

Not sure what you can afford?

Tell us your income and savings instead, and we'll work out the max home price and a qualification signal for Maryland.

How much house can I afford in Maryland? →

Not sure where to start?

Continue calculating

Affordability calculator

Income, savings, and debts in — max home price and qualification signal out.

PMI removal calculator

When your PMI is scheduled to end, by law and by request.

Mortgage points calculator

Should you buy down your rate? Break-even and lifetime cost comparison.

Related reading

Closing Costs in Maryland: What You'll Actually Pay

Maryland stacks a 0.5% state transfer tax on top of a county recordation tax that runs from 0.5% to 1.4%. Here's what closing on a $463,449 home costs.

What Is PMI, and How Do You Get Rid of It?

Private mortgage insurance explained in plain English — what it costs, why it exists, the exact federal rules for cancelling it, and how to work out the month your PMI is scheduled to end.

Guides & templates

Buying a Home With Someone Else

The operational guide to buying property with a partner, friend, sibling, or parent — credit and DTI mechanics, title vesting, a clause-by-clause co-ownership agreement, and how the exit actually works.

The First-Time Buyer's Playbook: 12 Months to Closing Day

A month-by-month plan for the year before you buy: what to do in each phase, what never to touch, how to document every dollar, and how to survive closing day.

Maryland at a glance

Median home price: $463,449
Typical closing costs: 2%–5% of price
Transfer tax: 0.5% of sale price, customarily paid by split between buyer and seller
Closing custom: attorney
Homestead exemption: Maryland's Homestead Property Tax Credit is not an exemption on the home's assessed value but a credit that caps how much a primary residence's TAXABLE assessment can increase year over year — the state caps this at 10% per year, and individual counties/municipalities may set a lower local cap (0%-10%; e.g. Montgomery County uses 10% statewide except the Town of Kensington at 5%). It does not limit the property's actual market value or assessment as determined by the Department of Assessments and Taxation, only the portion subject to tax. Homeowners must file a one-time application with the Maryland Department of Assessments and Taxation (SDAT) to receive the credit; it does not apply automatically to a newly purchased home in the year of purchase.

First-time buyer / down payment assistance programs

Maryland Mortgage Program (MMP) 1st Time Advantage
Maryland Department of Housing and Community Development's primary low fixed-rate 30-year first mortgage for first-time homebuyers statewide (exceptions for veterans and buyers in targeted areas), offered through DHCD-approved private lenders. Several product variants bundle down payment assistance (DPA): '1st Time Advantage Direct' has no built-in DPA but allows external assistance; '1st Time Advantage 6000' includes a $6,000 zero-interest deferred second-lien loan; percentage-based variants add DPA equal to 3%, 4%, or 5% of the first mortgage amount; and 'HomeStart' provides 6% of the loan amount in DPA for borrowers at or below 50% of Area Median Income. All deferred DPA loans are repaid when the first mortgage is paid off, refinanced, or the home is sold/transferred.
MMP Partner Match Down Payment Assistance
Maryland Mortgage Program partner organizations (employers, builders, local governments, and community organizations) can match a portion of a borrower's own down payment assistance funds — up to an additional $2,500 — when paired with certain MMP first mortgage products (including 1st Time Advantage 6000 and Flex 6000).