Typical Representative Finance Example
Product Conditional Sale | Cash Price £3,995.00 |
Total Deposit £300.00 | Total Amount of Credit £3,695.00 |
First Payment £90.98 | 58 Monthly Payments £90.98 |
Final Payment £90.98 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £1,763.80 | Total Amount Payable £5,758.80 |
Annual Fixed Interest Rate 6.99% | Representative APR 17.90% |
Product Conditional Sale | Cash Price £3,995.00 | Total Deposit £300.00 | Total Amount of Credit £3,695.00 | First Payment £90.98 |
58 Monthly Payments £90.98 | Final Payment £90.98 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £1,763.80 | Total Amount Payable £5,758.80 | Annual Fixed Interest Rate 6.99% | Representative APR 17.90% |
Product Conditional Sale | Cash Price £3,995.00 | Total Deposit £300.00 | Total Amount of Credit £3,695.00 | First Payment £90.98 | 58 Monthly Payments £90.98 | Final Payment £90.98 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £1,763.80 | Total Amount Payable £5,758.80 | Annual Fixed Interest Rate 6.99% | Representative APR 17.90% |
