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Typical Representative Finance Example
Product Hire Purchase | Cash Price £16,490.00 |
Total Deposit £1,649.00 | Total Amount of Credit £14,841.00 |
First Payment £318.06 | 58 Monthly Payments £318.06 |
Final Payment £328.06 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £4,252.60 | Total Amount Payable £20,742.60 |
Annual Fixed Interest Rate 10.90% | Representative APR 10.90% |
Product Hire Purchase | Cash Price £16,490.00 | Total Deposit £1,649.00 | Total Amount of Credit £14,841.00 | First Payment £318.06 |
58 Monthly Payments £318.06 | Final Payment £328.06 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £4,252.60 | Total Amount Payable £20,742.60 | Annual Fixed Interest Rate 10.90% | Representative APR 10.90% |
Product Hire Purchase | Cash Price £16,490.00 | Total Deposit £1,649.00 | Total Amount of Credit £14,841.00 | First Payment £318.06 | 58 Monthly Payments £318.06 | Final Payment £328.06 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £4,252.60 | Total Amount Payable £20,742.60 | Annual Fixed Interest Rate 10.90% | Representative APR 10.90% |