Best Title Loan Lenders Warrenton, VA
1. Advance America
201 Broadview Ave Warrenton VA 20186
+1 540-428-1871
2. RGS Title
492 Blackwell Rd 201 Warrenton VA 20186
+1 540-316-6206
3. Tepeyac Title Settlements
25 S 4th St Warrenton VA 20186
+1 540-347-6021
4. Farm Credit of the Virginias
516 Fauquier Rd Warrenton VA 20186
+1 540-347-3344
5. Title Solutions Inc
32 Ashby St 201 Warrenton VA 20186
+1 540-347-9707
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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