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Typical Representative Finance Example
Product Personal Contract Purchase | Cash Price £16,995.00 |
Total Deposit £1,699.50 | Total Amount of Credit £15,295.50 |
First Payment £257.23 | 46 Monthly Payments £257.23 |
Final Payment £7,627.50 | Agreement Duration 48 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £4,421.81 | Total Amount Payable £21,416.81 |
Annual Fixed Interest Rate 7.23% | Representative APR 9.90% |
Product Personal Contract Purchase | Cash Price £16,995.00 | Total Deposit £1,699.50 | Total Amount of Credit £15,295.50 | First Payment £257.23 |
46 Monthly Payments £257.23 | Final Payment £7,627.50 | Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £4,421.81 | Total Amount Payable £21,416.81 | Annual Fixed Interest Rate 7.23% | Representative APR 9.90% |
Product Personal Contract Purchase | Cash Price £16,995.00 | Total Deposit £1,699.50 | Total Amount of Credit £15,295.50 | First Payment £257.23 | 46 Monthly Payments £257.23 | Final Payment £7,627.50 |
Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £4,421.81 | Total Amount Payable £21,416.81 | Annual Fixed Interest Rate 7.23% | Representative APR 9.90% |
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