Typical Representative Finance Example
Product Hire Purchase | Cash Price £33,940.00 |
Total Deposit £3,394.00 | Total Amount of Credit £30,546.00 |
First Payment £682.49 | 58 Monthly Payments £682.49 |
Final Payment £682.49 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £10,403.40 | Total Amount Payable £44,343.40 |
Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
Product Hire Purchase | Cash Price £33,940.00 | Total Deposit £3,394.00 | Total Amount of Credit £30,546.00 | First Payment £682.49 |
58 Monthly Payments £682.49 | Final Payment £682.49 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £10,403.40 | Total Amount Payable £44,343.40 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
Product Hire Purchase | Cash Price £33,940.00 | Total Deposit £3,394.00 | Total Amount of Credit £30,546.00 | First Payment £682.49 | 58 Monthly Payments £682.49 | Final Payment £682.49 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £10,403.40 | Total Amount Payable £44,343.40 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
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