Typical Representative Finance Example
Product Conditional Sale | Cash Price £13,999.00 |
Total Deposit £1,399.90 | Total Amount of Credit £12,599.10 |
First Payment £281.48 | 58 Monthly Payments £281.48 |
Final Payment £281.48 | Agreement Duration 60 months |
Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £4,289.70 | Total Amount Payable £18,288.70 |
Annual Fixed Interest Rate 6.81% | Representative APR 12.90% |
Product Conditional Sale | Cash Price £13,999.00 | Total Deposit £1,399.90 | Total Amount of Credit £12,599.10 | First Payment £281.48 |
58 Monthly Payments £281.48 | Final Payment £281.48 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
Interest Charges £4,289.70 | Total Amount Payable £18,288.70 | Annual Fixed Interest Rate 6.81% | Representative APR 12.90% |
Product Conditional Sale | Cash Price £13,999.00 | Total Deposit £1,399.90 | Total Amount of Credit £12,599.10 | First Payment £281.48 | 58 Monthly Payments £281.48 | Final Payment £281.48 |
Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £4,289.70 | Total Amount Payable £18,288.70 | Annual Fixed Interest Rate 6.81% | Representative APR 12.90% |