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Representative Finance Example
Product Hire Purchase | Cash Price £3,099.00 |
Total Deposit £99.00 | Total Amount of Credit £3,000.00 |
First Payment £97.33 | 34 Monthly Payments £97.33 |
Final Payment £98.33 | Agreement Duration 36 months |
Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £504.88 | Total Amount Payable £3,603.88 |
Annual Fixed Interest Rate 5.60% | Representative APR 10.90% |
Product Hire Purchase | Cash Price £3,099.00 | Total Deposit £99.00 | Total Amount of Credit £3,000.00 | First Payment £97.33 |
34 Monthly Payments £97.33 | Final Payment £98.33 | Agreement Duration 36 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
Interest Charges £504.88 | Total Amount Payable £3,603.88 | Annual Fixed Interest Rate 5.60% | Representative APR 10.90% |
Product Hire Purchase | Cash Price £3,099.00 | Total Deposit £99.00 | Total Amount of Credit £3,000.00 | First Payment £97.33 | 34 Monthly Payments £97.33 | Final Payment £98.33 |
Agreement Duration 36 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £504.88 | Total Amount Payable £3,603.88 | Annual Fixed Interest Rate 5.60% | Representative APR 10.90% |