Mortgage Rates in Calverton, Maryland — March 2026
Updated March 2026 | Based on Calverton market data and regional lending conditions
Calverton is a growing city in Maryland with a population of 17,724. The current 30-year fixed mortgage rate in Calverton is 6.72%, which is 0.07% above the national average. With a median home price of $370,000 and a 20% down payment of $74,000, homebuyers can expect a monthly principal and interest payment of approximately $1,914.
Current Mortgage Rates in Calverton, MD
Below are the current average mortgage rates available in the Calverton area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.72% | 6.65% | +0.07% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.97% | 6.85% | +0.12% |
Calverton Housing Market Overview
The Calverton housing market reflects moderate demand with prices near the national average. The median household income in Calverton is $84,000, and the cost of living index is 111.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $95,229 to comfortably afford the median-priced home in Calverton, which exceeds the current median household income.
Monthly Payment Breakdown for Calverton
Based on the median home price of $370,000 with 20% down ($74,000), here is what you can expect to pay monthly in Calverton:
15-Year vs. 30-Year Mortgage in Calverton
Choosing a 15-year mortgage in Calverton at 5.96% instead of a 30-year at 6.72% would save you $240,660 in total interest over the life of the loan. However, your monthly payment would be $2,491 instead of $1,914 — an increase of $577 per month.
Calculate Your Calverton Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Calverton
What are the current mortgage rates in Calverton, MD?
As of March 2026, the average 30-year fixed mortgage rate in Calverton, Maryland is 6.72%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.07% above the national average of 6.65%.
How much is a monthly mortgage payment in Calverton?
Based on the median home price of $370,000 with 20% down, the estimated monthly mortgage payment in Calverton is $1,914 for principal and interest. Including property taxes of $308/month, the total monthly housing cost is approximately $2,222.
What income do I need to buy a home in Calverton?
Using the 28% rule, you would need an annual income of approximately $95,229 to afford the median-priced home in Calverton at $370,000. The median household income in Calverton is $84,000. This means most households would need to either earn above the median or consider homes below $370,000.
Is Calverton a good place to buy a home in 2026?
Calverton has a moderate cost of living with a cost of living index of 111.7 (national average = 100). The property tax rate in Maryland is 1%, which is near the national average. Calverton has a population of 17,724 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Calverton, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.