Best Title Loan Lenders Burlington, WI
1. World Finance
489 Milwaukee Ave Burlington WI 53105
+1 262-767-2038
2. Check Into Cash
1448 S Teut Rd Suite E Burlington WI 53105
+1 262-767-0924
3. Security Finance
308 A S Pine St Burlington WI 53105
(262) 767-9994
4. BMO Harris Bank
1000 Milwaukee Ave Burlington WI 53105
+1 262-763-9141
5. Shorewest Realtors – Burlington Office
911 Milwaukee Ave Burlington WI 53105
+1 262-763-8477
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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