Best Title Loan Lenders Yorktown, VA
1. TitleMax Title Loans
2721 George Washington Memorial Hwy Yorktown VA 23693
+1 757-327-7336
2. Westview Financial Services
209 Village Ave a Yorktown VA 23693
+1 757-778-8260
3. Safe Harbor Title Company
3526 George Washington Memorial Hwy suite d-1 Yorktown VA 23693
+1 757-223-1588
4. Navy Federal Credit Union – Restricted Access
US Coast Guard Training Center Bldg 46 Yorktown VA 23690
+1 888-842-6328
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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