Typical Representative Finance Example
Product HP / ML | Cash Price £23,950.00 |
Total Deposit £2,395.00 | Total Amount of Credit £21,555.00 |
First Payment £450.00 | 58 Monthly Payments £450.00 |
Final Payment £649.00 | Agreement Duration 60 months |
Admin Fee £199.00 | Option to Purchase Fee £0.00 |
Interest Charges £5,644.00 | Total Amount Payable £29,594.00 |
Annual Fixed Interest Rate 4.88% | Representative APR 9.92% |
Product HP / ML | Cash Price £23,950.00 | Total Deposit £2,395.00 | Total Amount of Credit £21,555.00 | First Payment £450.00 |
58 Monthly Payments £450.00 | Final Payment £649.00 | Agreement Duration 60 months | Admin Fee £199.00 | Option to Purchase Fee £0.00 |
Interest Charges £5,644.00 | Total Amount Payable £29,594.00 | Annual Fixed Interest Rate 4.88% | Representative APR 9.92% |
Product HP / ML | Cash Price £23,950.00 | Total Deposit £2,395.00 | Total Amount of Credit £21,555.00 | First Payment £450.00 | 58 Monthly Payments £450.00 | Final Payment £649.00 |
Agreement Duration 60 months | Admin Fee £199.00 | Option to Purchase Fee £0.00 | Interest Charges £5,644.00 | Total Amount Payable £29,594.00 | Annual Fixed Interest Rate 4.88% | Representative APR 9.92% |