Typical Representative Finance Example
Product Personal Contract Purchase | Cash Price £19,495.00 |
Total Deposit £1,949.50 | Total Amount of Credit £17,545.50 |
First Payment £267.48 | 46 Monthly Payments £267.48 |
Final Payment £9,699.00 | Agreement Duration 48 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £4,725.06 | Total Amount Payable £24,220.06 |
Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |
Product Personal Contract Purchase | Cash Price £19,495.00 | Total Deposit £1,949.50 | Total Amount of Credit £17,545.50 | First Payment £267.48 |
46 Monthly Payments £267.48 | Final Payment £9,699.00 | Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £4,725.06 | Total Amount Payable £24,220.06 | Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |
Product Personal Contract Purchase | Cash Price £19,495.00 | Total Deposit £1,949.50 | Total Amount of Credit £17,545.50 | First Payment £267.48 | 46 Monthly Payments £267.48 | Final Payment £9,699.00 |
Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £4,725.06 | Total Amount Payable £24,220.06 | Annual Fixed Interest Rate 4.61% | Representative APR 8.90% |
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