Brunswick at a glance
- Population: about 8,309 residents, ranking 26th of 157 Census places in Maryland (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 7,762 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 7.0% higher than at the 2020 Census (US Census Bureau).
- Rank among Maryland places: 26th by size among 157 communities (US Census Bureau).
- Size percentile: roughly 83% of places in Maryland rank below it by population (US Census Bureau).
- Coordinates: 39.3180 / -77.6253, per the US Census Bureau Gazetteer.
- Nearest larger cities: Purcellville, VA (13 mi); Frederick, MD (14 mi); Leesburg, VA (15 mi); Martinsburg, WV (21 mi); Hagerstown, MD (23 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Rosemont, MD (1 mi); Lovettsville, VA (3 mi); Burkittsville, MD (5 mi) (US Census Bureau).
What a personal loan costs in Brunswick
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Maryland lending rules that apply in Brunswick
Read the table as the compliance picture for a lender serving Brunswick: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Office of Financial Regulation; Commissioner of Financial Regulation (Maryland Department of Labor) Source says: "is Maryland's consumer financial protection agency and financial services regulator" | Maryland Department of Labor as of 2026-09-16 |
| OFR consumer-loan interest-rate limits | 2.75%/month (33%/yr) on the first $1,000 of a loan ≤$2,000; 2%/month (24%/yr) thereafter and on loans over $2,000 Source says: "Maximum interest rate allowed by law is 2.75% per month or an annual interest rate of 33%" | Maryland Department of Labor, Office of Financial Regulation as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 24% per year effective simple interest for qualifying loans (Md. Code Com. Law § 12-103(c)); otherwise 8% (written agreement) or 18% Source says: "a lender may charge an effective rate of simple interest not in excess of 24 percent per year on the unpaid principal balance" | Maryland General Assembly as of 2026-09-16 |
| Payday lending status | Regulated as consumer loans: licensing and statutory interest-rate limits apply to payday-style loans (OFR) Source says: "they are prohibited from charging or receiving an interest rate that is greater than authorized by the laws of this State" | Maryland Department of Labor, Office of Financial Regulation as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Lender license required to make loans under the Maryland Consumer Loan Law (Com. Law § 12-301 et seq.) Source says: "A Consumer Lender is a business that makes any loan or advance of money or credit under the Maryland Consumer Loan Law" | Maryland Department of Labor, Office of Financial Regulation as of 2026-09-16 |
How to compare offers in Brunswick
Before you commit to a personal loan in Brunswick, work through these steps:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Maryland using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.