Representative Finance Example
Product Hire Purchase | Cash Price £11,999.00 |
Total Deposit £1,199.90 | Total Amount of Credit £10,799.10 |
First Payment £239.29 | 58 Monthly Payments £239.29 |
Final Payment £240.29 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £3,559.30 | Total Amount Payable £15,558.30 |
Annual Fixed Interest Rate 6.59% | Representative APR 12.50% |
Product Hire Purchase | Cash Price £11,999.00 | Total Deposit £1,199.90 | Total Amount of Credit £10,799.10 | First Payment £239.29 |
58 Monthly Payments £239.29 | Final Payment £240.29 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £3,559.30 | Total Amount Payable £15,558.30 | Annual Fixed Interest Rate 6.59% | Representative APR 12.50% |
Product Hire Purchase | Cash Price £11,999.00 | Total Deposit £1,199.90 | Total Amount of Credit £10,799.10 | First Payment £239.29 | 58 Monthly Payments £239.29 | Final Payment £240.29 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £3,559.30 | Total Amount Payable £15,558.30 | Annual Fixed Interest Rate 6.59% | Representative APR 12.50% |