Best Title Loan Lenders Reston, VA
1. Sheila Savar Virginia Loan Signing Agent
11731 Ledura Ct Reston VA 20191
+1 703-929-2252
2. Blue Bridge Financial LLC
11921 Freedom Dr Suite 1130 Reston VA 20190
+1 716-204-8467
3. Montana Capital Car Title Loans
12001 Market St Reston VA 20190
+1 571-248-5341
4. EKKO Title
11718 Bowman Green Dr 110 Reston VA 20190
+1 703-481-6200
5. MT Bank
1886 Metro Center Dr Suite 230 Reston VA 20190
+1 703-464-4080
6. MERSCORP Holdings Inc
1818 Library St Reston VA 20190
+1 800-646-6377
7. MT Bank
12170 Sunset Hills Rd Reston VA 20190
+1 703-435-2249
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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