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Typical Representative Finance Example
Product Hire Purchase | Cash Price £2,294.00 |
Total Deposit £229.40 | Total Amount of Credit £2,064.60 |
First Payment £41.48 | 58 Monthly Payments £41.48 |
Final Payment £42.48 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £425.20 | Total Amount Payable £2,719.20 |
Annual Fixed Interest Rate 4.11% | Representative APR 7.90% |
Product Hire Purchase | Cash Price £2,294.00 | Total Deposit £229.40 | Total Amount of Credit £2,064.60 | First Payment £41.48 |
58 Monthly Payments £41.48 | Final Payment £42.48 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £425.20 | Total Amount Payable £2,719.20 | Annual Fixed Interest Rate 4.11% | Representative APR 7.90% |
Product Hire Purchase | Cash Price £2,294.00 | Total Deposit £229.40 | Total Amount of Credit £2,064.60 | First Payment £41.48 | 58 Monthly Payments £41.48 | Final Payment £42.48 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £425.20 | Total Amount Payable £2,719.20 | Annual Fixed Interest Rate 4.11% | Representative APR 7.90% |