Use our simple SmartBuy 3.0 calculator to see how much student debt forgiveness you can receive through Maryland’s program. Simply select elect your desired home price with the slider below to calculate 15% of the total price as a forgivable second loan, up to $40,000. If you want to learn more about what this could mean for you and your family, read our how-to article or enter your information on our SmartBuy Fact Sheet page so that one of our experts can contact you directly!
Get up to $40,000 of student debt forgiven when you buy a home in Maryland
Estimate only. Forgiveness equals 15% of purchase price, capped at $40,000. Program terms may change.
Please note: Calculator is for illustrative purposes only and does not constitute an offer to lend or extend credit. All mortgage financing is subject to underwriting and loan approval. Data used in the calculator is based on Maryland Mortgage Program (MMP) guidelines which are subject to change. Equal Housing Opportunity.