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Typical Representative Finance Example
Product Hire Purchase | Cash Price £15,995.00 |
Total Deposit £1,599.50 | Total Amount of Credit £14,395.50 |
First Payment £302.19 | 58 Monthly Payments £302.19 |
Final Payment £302.19 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £3,735.90 | Total Amount Payable £19,730.90 |
Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £15,995.00 | Total Deposit £1,599.50 | Total Amount of Credit £14,395.50 | First Payment £302.19 |
58 Monthly Payments £302.19 | Final Payment £302.19 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £3,735.90 | Total Amount Payable £19,730.90 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £15,995.00 | Total Deposit £1,599.50 | Total Amount of Credit £14,395.50 | First Payment £302.19 | 58 Monthly Payments £302.19 | Final Payment £302.19 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £3,735.90 | Total Amount Payable £19,730.90 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
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