Best Title Loan Lenders Trinity, FL
1. Berkshire Hathaway HomeServices Florida Properties Group – Home Office
7916 Evolutions Way 210 Trinity FL 34655
+1 727-847-6556
2. Capital Title Solutions
10710 FL-54 Trinity FL 34655
+1 727-807-2229
3. Republic Land Title
8911 Mitchell Blvd Trinity FL 34655
+1 727-235-6374
4. SouthState Bank
1815 Little Rd Trinity FL 34655
+1 727-376-1776
5. Capstone Title LLC – Trinity Office
3126 Little Rd Trinity FL 34655
+1 727-847-9945
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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