Best Title Loan Lenders Doral, FL
1. Nu World Title
8300 NW 53rd St Suite 400 Doral FL 33166
+1 305-436-0100
2. Unlimited Title Group
2400 NW 87th Place Doral FL 33172
+1 305-269-9087
3. Home Trust Title Insurance Agency LLC
9600 NW 25th St 2f Doral FL 33172
+1 305-444-3006
4. Title of Miami LLC
3650 NW 82nd Ave Suite 401 Doral FL 33166
+1 305-592-4180
5. Allied Cash Holdings LLC
7955 NW 12th St 300 Doral FL 33126
+1 305-371-7699
6. Florida Title Worxs
3785 NW 82nd Ave STE 414 Doral FL 33166
+1 305-629-9223
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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