Car Loan Calculator Detailed for Maryland
Days to First Payment:
How are car loans in Maryland calculated?Maryland includes the sale price and the doc fee in the taxable amount of an auto loan but does not include the trade-in value.
Principal vs Interest
Tax vs Tags
Maryland car tax is $ at % based on an amount of $ combined from the sale price of $ plus the doc fee of $ minus the trade-in value of $.
Get more tax info on our car tax page.
Maryland DMV fees are about $ on a $ vehicle based on a flat fee that fluctuates depending on vehicle weight and usage.
Get more DMV info on our DMV cost page
All data based on your calculation.
The net price of $ equals the sale price of $ minus the rebate of $. The trade‑in vehicle value is $, and after a trade‑in loan payoff of $, the balance of $ applies to the vehicle purchase.
The estimated tax and registration combined is $, but this may vary based on vehicle type and intended usage. The documentation fee is $.
Adjust numbers in calculator.
View the Maryland state fee schedule to verify your registration cost, and use our DMV Override to adjust the calculator.
Prepaid maintenance plans, extended warranties, and GAP insurance are not taxed in Maryland and provide considerable savings over paying down the road. You can include maintenance on the warranty line of the calculator for accurate handling.
The documentation fee is set by the dealer, but is not negotiable so expect it on the purchase agreement. The customary doc fee of $300 is the maximum allowed by the State of Maryland.