Best Title Loan Lenders Brentwood, TN
1. Tennessee Title Services
7000 Executive Center Dr 290 Brentwood TN 37027
+1 615-686-2521
2. Millennial Title
5120 Virginia Way Suite B-13 Brentwood TN 37027
+1 615-385-5944
3. Bell Alexander Title Services
8110 Isabella Ln Brentwood TN 37027
+1 615-333-7712
4. Solomon Parks Title Escrow
8119 Isabella Ln STE 104 Brentwood TN 37027
+1 615-574-7310
5. CLOSED Title
278 Franklin Rd Suite 160 Brentwood TN 37027
+1 615-574-6230
6. Title Center of the South
783 Old Hickory Blvd 356W Brentwood TN 37027
+1 615-221-1570
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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