Best Title Loan Lenders Burke, VA
1. PNC Bank
6011 Burke Centre Pkwy Burke VA 22015
(703) 250-6380
2. PNC Bank
5745 Burke Centre Pkwy Burke VA 22015
+1 703-764-7540
3. NVA Title Inc
9245 Old Keene Mill Rd 201 Burke VA 22015
+1 703-455-5163
4. RGS Title
6045 Burke Centre Pkwy 203 Burke VA 22015
+1 703-239-9600
5. Potomac West Title
9316 Old Keene Mill Rd A Burke VA 22015
(703) 584-7744
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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