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Typical Representative Finance Example
Product Hire Purchase | Cash Price £10,490.00 |
Total Deposit £1,049.00 | Total Amount of Credit £9,441.00 |
First Payment £198.17 | 58 Monthly Payments £198.17 |
Final Payment £198.17 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £2,449.20 | Total Amount Payable £12,939.20 |
Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £10,490.00 | Total Deposit £1,049.00 | Total Amount of Credit £9,441.00 | First Payment £198.17 |
58 Monthly Payments £198.17 | Final Payment £198.17 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £2,449.20 | Total Amount Payable £12,939.20 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
Product Hire Purchase | Cash Price £10,490.00 | Total Deposit £1,049.00 | Total Amount of Credit £9,441.00 | First Payment £198.17 | 58 Monthly Payments £198.17 | Final Payment £198.17 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £2,449.20 | Total Amount Payable £12,939.20 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |