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Queen Anne's County FHA Loan Calculator

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

Loan Details

Queen Anne's County, MD Benchmarks

FHA averages
Typical Property Value$456,409
Average Down Payment10.9%
Average Interest Rate6.126%
Effective Tax Rate0.74%
Median Tax Paid$3,623/yr
Tax Growth (Historical)+0.3%
Based on 220 regional loans totaling $86,980,000 (HMDA database).
$
%

$49,749 down · $406,660 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$281 / month

$

Annual premium

$

Per month

%

$172 / month

Estimated Monthly Payment

$3,119/mo

  • Principal & Interest$2,515
  • Property Tax$281
  • Home Insurance$150
  • FHA MIP$172
Amortization · Remaining Balance

Financed Loan Amount

$413,777

Total Interest

$491,800

Total of Payments

$905,577

*Includes financed FHA Upfront MIP of $7,117

Local Market Insights

Queen Anne's County FHA Mortgage Overview

In Queen Anne's County, the 10.93% average down payment on an FHA loan reflects accessible entry for owner-occupants, though the 89.07% loan-to-value ratio means mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life—ideal for buyers with sub-620 credit. The 6.126% rate and 0.74% property tax rate, with a 0.3% inflation-adjusted increase, add roughly $282 monthly in taxes on a $456,409 home. When evaluating FHA loan options with PMI and taxes in Queen Anne's County, MD, this fixed MIP cost is critical. Understanding Queen Anne's County FHA loan limits and tax implications helps buyers budget accurately for true monthly affordability.

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.