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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% |