Best Title Loan Lenders Grove, OK
1. Dixie Finance
303 S Center St Grove OK 74344
+1 918-786-4795
2. Empire Finance
1109 S Main St Grove OK 74344
+1 918-786-4194
3. Check Into Cash
1002 S Main St Grove OK 74344
+1 918-787-2474
4. World Finance
240 E 3rd St Ste B Grove OK 74344
+1 918-786-5007
5. Bank of Grand Lake
201 E 18th St Grove OK 74344
+1 918-787-5900
6. Grand River Abstract Title
2100 S Main St Grove OK 74344
+1 918-786-8215
7. Bell Finance Loans Grove
2123 S Main St c Grove OK 74344
+1 918-787-2800
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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