Typical Representative Finance Example
Product Personal Contract Purchase | Cash Price £8,000.00 |
Total Deposit £800.00 | Total Amount of Credit £7,200.00 |
First Payment £156.84 | 46 Monthly Payments £156.84 |
Final Payment £2,440.59 | Agreement Duration 48 months |
Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £2,612.07 | Total Amount Payable £10,612.07 |
Annual Fixed Interest Rate 6.00% | Representative APR 13.90% |
Product Personal Contract Purchase | Cash Price £8,000.00 | Total Deposit £800.00 | Total Amount of Credit £7,200.00 | First Payment £156.84 |
46 Monthly Payments £156.84 | Final Payment £2,440.59 | Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £2,612.07 | Total Amount Payable £10,612.07 | Annual Fixed Interest Rate 6.00% | Representative APR 13.90% |
Product Personal Contract Purchase | Cash Price £8,000.00 | Total Deposit £800.00 | Total Amount of Credit £7,200.00 | First Payment £156.84 | 46 Monthly Payments £156.84 | Final Payment £2,440.59 |
Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £2,612.07 | Total Amount Payable £10,612.07 | Annual Fixed Interest Rate 6.00% | Representative APR 13.90% |