Best Title Loan Lenders Rockport, TX
1. TitleMax Title Loans
2005 Business Hwy 35 N Rockport TX 78382
+1 361-200-7924
2. ACE Cash Express
2009 Hwy 35 N Bypass Rockport TX 78382
+1 361-790-8442
3. Stewart Title Company
805 FM3036 Rockport TX 78382
+1 361-729-5151
4. Cash Store
2345 Hwy 35 N Bypass Rockport TX 78382
+1 361-727-1100
5. San Jacinto Title Services
2819 Business Hwy 35 N Rockport TX 78382
+1 361-729-3563
6. Security Finance
1933 Hwy 35 N Bypass Rockport TX 78382
+1 361-790-7781
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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