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Typical Representative Finance Example
Product
HP / ML
Cash Price
£19,250.00
Total Deposit
£1,925.00
Total Amount of Credit
£17,325.00
First Payment
£361.13
58 Monthly Payments
£361.13
Final Payment
£560.13
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£4,541.80
Total Amount Payable
£23,791.80
Annual Fixed Interest Rate
4.80%
Representative APR
9.91%
Product
HP / ML
Cash Price
£19,250.00
Total Deposit
£1,925.00
Total Amount of Credit
£17,325.00
First Payment
£361.13
58 Monthly Payments
£361.13
Final Payment
£560.13
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£4,541.80
Total Amount Payable
£23,791.80
Annual Fixed Interest Rate
4.80%
Representative APR
9.91%
Product
HP / ML
Cash Price
£19,250.00
Total Deposit
£1,925.00
Total Amount of Credit
£17,325.00
First Payment
£361.13
58 Monthly Payments
£361.13
Final Payment
£560.13
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£4,541.80
Total Amount Payable
£23,791.80
Annual Fixed Interest Rate
4.80%
Representative APR
9.91%