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Typical Representative Finance Example
Product Hire Purchase | Cash Price £5,950.00 |
Total Deposit £892.50 | Total Amount of Credit £932.42 |
First Payment £124.79 | 46 Monthly Payments £124.79 |
Final Payment £124.79 | Agreement Duration 48 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £932.42 | Total Amount Payable £6,882.42 |
Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |
Product Hire Purchase | Cash Price £5,950.00 | Total Deposit £892.50 | Total Amount of Credit £932.42 | First Payment £124.79 |
46 Monthly Payments £124.79 | Final Payment £124.79 | Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £932.42 | Total Amount Payable £6,882.42 | Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |
Product Hire Purchase | Cash Price £5,950.00 | Total Deposit £892.50 | Total Amount of Credit £932.42 | First Payment £124.79 | 46 Monthly Payments £124.79 | Final Payment £124.79 |
Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £932.42 | Total Amount Payable £6,882.42 | Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |