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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 £307.03 | 47 Monthly Payments £307.03 |
Final Payment £7,227.52 | Agreement Duration 49 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £4,419.46 | Total Amount Payable £23,914.46 |
Annual Fixed Interest Rate 4.41% | 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 £307.03 |
47 Monthly Payments £307.03 | Final Payment £7,227.52 | Agreement Duration 49 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £4,419.46 | Total Amount Payable £23,914.46 | Annual Fixed Interest Rate 4.41% | 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 £307.03 | 47 Monthly Payments £307.03 | Final Payment £7,227.52 |
Agreement Duration 49 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £4,419.46 | Total Amount Payable £23,914.46 | Annual Fixed Interest Rate 4.41% | Representative APR 8.90% |