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Typical Representative Finance Example
Product Hire Purchase | Cash Price £28,995.00 |
Total Deposit £2,899.50 | Total Amount of Credit £26,095.50 |
First Payment £547.76 | 58 Monthly Payments £547.76 |
Final Payment £547.76 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £6,770.10 | Total Amount Payable £35,765.10 |
Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £28,995.00 | Total Deposit £2,899.50 | Total Amount of Credit £26,095.50 | First Payment £547.76 |
58 Monthly Payments £547.76 | Final Payment £547.76 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £6,770.10 | Total Amount Payable £35,765.10 | Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £28,995.00 | Total Deposit £2,899.50 | Total Amount of Credit £26,095.50 | First Payment £547.76 | 58 Monthly Payments £547.76 | Final Payment £547.76 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £6,770.10 | Total Amount Payable £35,765.10 | Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |