The Maryland and Virginia real estate market is quite diverse. Tax rates differ from county to county. Transfer taxes vary from county to county. There are special benefits for first time home buyers in Maryland. It would be impossible to determine exactly how much a home buyer could qualify for without detailed tax, insurance and other numbers. However, the table below is representative of the average qualifying amount in our area.

For detailed qualifying information, give us a telephone call and we'll be glad to go over the numbers with you and help you determine a price range.

Maryland Real Estate
The price ranges below are computed at 6.5%. with good credit scores.

P.I.T.I. = Principle, Interest, Taxes and Insurance.

Annual Income	Approximate Price Range	Approximate P.I.T.I. Monthly Payment
$50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $110,000 $120,000 $130,000 $140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000	$200,000 $235,000 $275,000 $315,000 $350,000 $395,000 $435,000 $475,000 $515,000 $550,000 $595,000 $635,000 $675,000 $710,000 $750,000 $790,000	$1,250 $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000 $3,250 $3,500 $3,750 $4,000 $4,250 $4,500 $4,750 $5,000

The amounts above are approximate for home search value only. Qualifying amount will very from county to county and state to state. Qualifying amount will increase in areas with low real estate taxes like Northern Virginia and Charles, Calvert, St. Mary's, Frederick County in Maryland. Mortgage payments will go down using loans with lower interest rates.