Car Payment Calculator MD
Car payment calculator MD to calculate the monthly payments for car loans in Maryland. Maryland auto loan calculator generates a car loan amortization schedule that shows monthly interest and principal payments.
MD Auto Loan Calculator |
|
| Loan Amount: | $28,000.00 |
Total Monthly Payment: |
$553.11 |
| Total # Of Payments: | 60 |
| Start Date: | Nov, 2023 |
| Payoff Date: | Oct, 2028 |
| Down Payment: | $10,000.00 |
| Trade In Value: | $0.00 |
| Sales Tax: | $0.00 |
| Other Fee: | $275.00 |
| Total Interest Paid: | $5,186.81 |
Total of All Costs: |
$43,461.81 |
Maryland Auto Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest | Principal | Total Payment | Balance | |
|---|---|---|---|---|---|---|
| Nov, 2023 | 1 | $161.00 | $392.11 | $553.11 | $27,607.89 | |
| Dec, 2023 | 2 | $158.75 | $394.37 | $553.11 | $27,213.52 | |
| Jan, 2024 | 3 | $156.48 | $396.64 | $553.11 | $26,816.88 | |
| Feb, 2024 | 4 | $154.20 | $398.92 | $553.11 | $26,417.97 | |
| Mar, 2024 | 5 | $151.90 | $401.21 | $553.11 | $26,016.76 | |
| Apr, 2024 | 6 | $149.60 | $403.52 | $553.11 | $25,613.24 | |
| May, 2024 | 7 | $147.28 | $405.84 | $553.11 | $25,207.40 | |
| Jun, 2024 | 8 | $144.94 | $408.17 | $553.11 | $24,799.23 | |
| Jul, 2024 | 9 | $142.60 | $410.52 | $553.11 | $24,388.71 | |
| Aug, 2024 | 10 | $140.24 | $412.88 | $553.11 | $23,975.83 | |
| Sep, 2024 | 11 | $137.86 | $415.25 | $553.11 | $23,560.58 | |
| Oct, 2024 | 12 | $135.47 | $417.64 | $553.11 | $23,142.94 | |
| Nov, 2024 | 13 | $133.07 | $420.04 | $553.11 | $22,722.90 | |
| Dec, 2024 | 14 | $130.66 | $422.46 | $553.11 | $22,300.44 | |
| Jan, 2025 | 15 | $128.23 | $424.89 | $553.11 | $21,875.56 | |
| Feb, 2025 | 16 | $125.78 | $427.33 | $553.11 | $21,448.23 | |
| Mar, 2025 | 17 | $123.33 | $429.79 | $553.11 | $21,018.44 | |
| Apr, 2025 | 18 | $120.86 | $432.26 | $553.11 | $20,586.19 | |
| May, 2025 | 19 | $118.37 | $434.74 | $553.11 | $20,151.44 | |
| Jun, 2025 | 20 | $115.87 | $437.24 | $553.11 | $19,714.20 | |
| Jul, 2025 | 21 | $113.36 | $439.76 | $553.11 | $19,274.44 | |
| Aug, 2025 | 22 | $110.83 | $442.29 | $553.11 | $18,832.16 | |
| Sep, 2025 | 23 | $108.28 | $444.83 | $553.11 | $18,387.33 | |
| Oct, 2025 | 24 | $105.73 | $447.39 | $553.11 | $17,939.94 | |
| Nov, 2025 | 25 | $103.15 | $449.96 | $553.11 | $17,489.98 | |
| Dec, 2025 | 26 | $100.57 | $452.55 | $553.11 | $17,037.44 | |
| Jan, 2026 | 27 | $97.97 | $455.15 | $553.11 | $16,582.29 | |
| Feb, 2026 | 28 | $95.35 | $457.77 | $553.11 | $16,124.52 | |
| Mar, 2026 | 29 | $92.72 | $460.40 | $553.11 | $15,664.13 | |
| Apr, 2026 | 30 | $90.07 | $463.04 | $553.11 | $15,201.08 | |
| May, 2026 | 31 | $87.41 | $465.71 | $553.11 | $14,735.37 | |
| Jun, 2026 | 32 | $84.73 | $468.39 | $553.11 | $14,266.99 | |
| Jul, 2026 | 33 | $82.04 | $471.08 | $553.11 | $13,795.91 | |
| Aug, 2026 | 34 | $79.33 | $473.79 | $553.11 | $13,322.12 | |
| Sep, 2026 | 35 | $76.60 | $476.51 | $553.11 | $12,845.61 | |
| Oct, 2026 | 36 | $73.86 | $479.25 | $553.11 | $12,366.36 | |
| Nov, 2026 | 37 | $71.11 | $482.01 | $553.11 | $11,884.35 | |
| Dec, 2026 | 38 | $68.34 | $484.78 | $553.11 | $11,399.58 | |
| Jan, 2027 | 39 | $65.55 | $487.57 | $553.11 | $10,912.01 | |
| Feb, 2027 | 40 | $62.74 | $490.37 | $553.11 | $10,421.64 | |
| Mar, 2027 | 41 | $59.92 | $493.19 | $553.11 | $9,928.45 | |
| Apr, 2027 | 42 | $57.09 | $496.02 | $553.11 | $9,432.43 | |
| May, 2027 | 43 | $54.24 | $498.88 | $553.11 | $8,933.55 | |
| Jun, 2027 | 44 | $51.37 | $501.75 | $553.11 | $8,431.80 | |
| Jul, 2027 | 45 | $48.48 | $504.63 | $553.11 | $7,927.17 | |
| Aug, 2027 | 46 | $45.58 | $507.53 | $553.11 | $7,419.64 | |
| Sep, 2027 | 47 | $42.66 | $510.45 | $553.11 | $6,909.19 | |
| Oct, 2027 | 48 | $39.73 | $513.39 | $553.11 | $6,395.81 | |
| Nov, 2027 | 49 | $36.78 | $516.34 | $553.11 | $5,879.47 | |
| Dec, 2027 | 50 | $33.81 | $519.31 | $553.11 | $5,360.16 | |
| Jan, 2028 | 51 | $30.82 | $522.29 | $553.11 | $4,837.87 | |
| Feb, 2028 | 52 | $27.82 | $525.30 | $553.11 | $4,312.57 | |
| Mar, 2028 | 53 | $24.80 | $528.32 | $553.11 | $3,784.26 | |
| Apr, 2028 | 54 | $21.76 | $531.35 | $553.11 | $3,252.90 | |
| May, 2028 | 55 | $18.70 | $534.41 | $553.11 | $2,718.49 | |
| Jun, 2028 | 56 | $15.63 | $537.48 | $553.11 | $2,181.01 | |
| Jul, 2028 | 57 | $12.54 | $540.57 | $553.11 | $1,640.44 | |
| Aug, 2028 | 58 | $9.43 | $543.68 | $553.11 | $1,096.76 | |
| Sep, 2028 | 59 | $6.31 | $546.81 | $553.11 | $549.95 | |
| Oct, 2028 | 60 | $3.16 | $549.95 | $553.11 | $0.00 | |
Compare Monthly vs. Bi-weekly |
||
| Payment Frequency | Monthly | Bi-weekly |
|---|---|---|
| Payments / Year | 12 | 26 |
| Each Payment | $553.11 | $276.56 |
| Total Interest | $5,186.81 | $4,652.20 |
| Total Payment | $43,186.81 | $42,652.20 | Total Savings | $0 | $534.61 |
| Payoff Date | Oct, 2028 | Jun, 2028 |
