Maryland Security Deposit Interest Calculator

[Beth L.]

This really came in handy today... this will calculate the interest due on returning security deposits. Awesome!!!

http://dhcd.maryland.gov/Pages/RSDCalculator/Defau...

[Beth L.]

@Daria B. yes it seems that the total of $1620 is the combination of original security deposit plus the interest accrued. $1620 is what you give back to the tenant, not $1575. If the cents are throwing you off, perhaps it rounds the amount in one of the fields. I would go with whatever the "Total" says. I printed it out and provided it for the tenant with the check and itemized statement.