Finance
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Typical Representative Finance Example
Product Hire Purchase | Cash Price £10,949.00 |
Total Deposit £1,094.90 | Total Amount of Credit £9,854.10 |
First Payment £215.70 | 58 Monthly Payments £215.70 |
Final Payment £216.70 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £3,088.90 | Total Amount Payable £14,037.90 |
Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |
Product Hire Purchase | Cash Price £10,949.00 | Total Deposit £1,094.90 | Total Amount of Credit £9,854.10 | First Payment £215.70 |
58 Monthly Payments £215.70 | Final Payment £216.70 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £3,088.90 | Total Amount Payable £14,037.90 | Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |
Product Hire Purchase | Cash Price £10,949.00 | Total Deposit £1,094.90 | Total Amount of Credit £9,854.10 | First Payment £215.70 | 58 Monthly Payments £215.70 | Final Payment £216.70 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £3,088.90 | Total Amount Payable £14,037.90 | Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |