Best Title Loan Lenders Park City, UT
1. Coalition Title Agency
2200 Park Ave c100 Park City UT 84060
+1 435-649-4008
2. Park City Title Company
1670 Bonanza Dr Park City UT 84060
(435) 649-8322
3. Metro National Title
1492 Park Ave Park City UT 84060
+1 801-363-6633
4. Metro National Title
1153 Center Dr g20 Park City UT 84098
(801) 363-6633
5. Diversified Transportation Finance
6430 N Business Loop Rd Park City UT 84098
+1 801-821-0355
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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