Best Title Loan Lenders Brownwood, TX
1. Sun Loan Company
1103 Clements St Brownwood TX 76801
+1 325-643-1211
2. TitleMax Title Loans
306 W Commerce St Brownwood TX 76801
+1 325-216-5123
3. Western Finance
805 N Fisk Ave Brownwood TX 76801
+1 325-643-6583
4. CashMax Title Loan
551 W Commerce St A Brownwood TX 76801
+1 325-641-1517
5. World Finance
305 Center Ave Brownwood TX 76801
+1 325-643-2274
6. ACE Cash Express
517 W Commerce St Ste B Brownwood TX 76801
+1 325-646-7997
7. Cash Store
310 W Commerce St Brownwood TX 76801
+1 325-643-1757
8. Security Finance
305 Fisk Ave Brownwood TX 76801
(325) 643-5626
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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