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Typical Representative Finance Example
Product
HP / ML
Cash Price
£25,950.00
Total Deposit
£2,595.00
Total Amount of Credit
£23,355.00
First Payment
£487.71
58 Monthly Payments
£487.71
Final Payment
£686.71
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£6,106.60
Total Amount Payable
£32,056.60
Annual Fixed Interest Rate
4.90%
Representative APR
9.91%
Product
HP / ML
Cash Price
£25,950.00
Total Deposit
£2,595.00
Total Amount of Credit
£23,355.00
First Payment
£487.71
58 Monthly Payments
£487.71
Final Payment
£686.71
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£6,106.60
Total Amount Payable
£32,056.60
Annual Fixed Interest Rate
4.90%
Representative APR
9.91%
Product
HP / ML
Cash Price
£25,950.00
Total Deposit
£2,595.00
Total Amount of Credit
£23,355.00
First Payment
£487.71
58 Monthly Payments
£487.71
Final Payment
£686.71
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£6,106.60
Total Amount Payable
£32,056.60
Annual Fixed Interest Rate
4.90%
Representative APR
9.91%