Best Title Loan Lenders Cocoa Beach, FL
1. Superior Tradelines LLC
1980 N Atlantic Ave STE 325 Cocoa Beach FL 32932
+1 800-431-4741
2. A1a Beachside Title Inc
1980 N Atlantic Ave STE 305 Cocoa Beach FL 32931
(321) 868-1554
3. 5 Star Car Title Loans
1980 N Atlantic Ave Ste 132 Cocoa Beach FL 32931
+1 321-456-9933
4. International Title Escrow LLC
226 N Atlantic Ave Cocoa Beach FL 32931
+1 321-784-7999
5. Cocoa Beach Best Realty
43 S Atlantic Ave Cocoa Beach FL 32931
+1 321-720-0403
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Fixed installment method
With the fixed installment method, the payment each month is fixed. But the amount going toward interest is getting smaller, while the amount going toward principal grows larger month by month.
Equal Principal and Equal Interest
The principal is divided into equally monthly amounts. And the interest each month is calculated on the total principal, which means it will not be reduced over time.
APR
An APR, short for Annual Percentage Rate, refers to a percentage that reflects the yearly cost of borrowing a loan over its term.
Finance Charge
A finance charge is the total amount of cost paid on a loan. It includes interest, fees, and other charges that are collected over its life.
- Total Principal Paid: $ 4,000.00
- Finance charge: 473.42
- APR: 36.00 %
- Total Principal Paid: $ 10,000.00
- Total Interest Paid: $327.97
- Loan term: 12 months