Home Equity in Maryland: How Much Can You Cash Out? (2026)
With Maryland's median value near $430,000 and a typical $237,000 balance, homeowners can access about $128,500 at 85% combined LTV — through a HELOC, a fixed home equity loan, or a cash-out refinance.
Most Maryland owners who bought years ago hold significant equity. A HELOC or home equity loan lets you borrow against it without touching a low first-mortgage rate.
Accessible equity by Maryland county
| County | Est. Value | Equity at 85% CLTV |
|---|---|---|
| Montgomery County | $560,000 | $168,000 |
| Prince Georges County | $420,000 | $126,000 |
| Baltimore County | $360,000 | $108,000 |
| Anne Arundel County | $500,000 | $150,000 |
| Baltimore City County | $210,000 | $62,500 |
| Howard County | $610,000 | $182,500 |
| Harford County | $430,000 | $128,500 |
| Frederick County | $430,000 | $128,500 |
| Carroll County | $430,000 | $128,500 |
| Charles County | $430,000 | $128,500 |
| Washington County | $430,000 | $128,500 |
| St. Mary's County | $430,000 | $128,500 |
| Cecil County | $430,000 | $128,500 |
| Calvert County | $430,000 | $128,500 |
| Wicomico County | $430,000 | $128,500 |
| Allegany County | $430,000 | $128,500 |
| Queen Anne's County | $430,000 | $128,500 |
| Worcester County | $430,000 | $128,500 |
| Dorchester County | $430,000 | $128,500 |
| Talbot County | $430,000 | $128,500 |
| Caroline County | $430,000 | $128,500 |
| Garrett County | $430,000 | $128,500 |
| Somerset County | $430,000 | $128,500 |
| Kent County | $430,000 | $128,500 |
How to tap equity in Maryland
Start with your numbers: home value minus what you owe, capped at 85% of value. Then pick the tool — a revolving HELOC for flexible access, a fixed home equity loan for a lump sum, or a cash-out refinance if a new first-mortgage rate beats your current one. Compare two or three lenders, since margins and fees vary.
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Frequently Asked Questions
- How much home equity can I tap in Maryland?
- On a $430,000 home with a $237,000 balance, about $128,500 at 85% CLTV. Your exact limit depends on the lender, your credit, and the appraisal.
- Is a HELOC or cash-out better in Maryland?
- If your first mortgage rate is low, a HELOC or home equity loan is usually cheaper because it keeps that rate. A cash-out refinance only wins when today's rate beats your current one.