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Typical Representative Finance Example
Product Conditional Sale | Cash Price £11,994.00 |
Total Deposit £2,398.80 | Total Amount of Credit £9,595.20 |
First Payment £248.63 | 46 Monthly Payments £248.63 |
Final Payment £248.63 | Agreement Duration 48 months |
Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £2,339.04 | Total Amount Payable £14,333.04 |
Annual Fixed Interest Rate 5.00% | Representative APR 11.70% |
Product Conditional Sale | Cash Price £11,994.00 | Total Deposit £2,398.80 | Total Amount of Credit £9,595.20 | First Payment £248.63 |
46 Monthly Payments £248.63 | Final Payment £248.63 | Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
Interest Charges £2,339.04 | Total Amount Payable £14,333.04 | Annual Fixed Interest Rate 5.00% | Representative APR 11.70% |
Product Conditional Sale | Cash Price £11,994.00 | Total Deposit £2,398.80 | Total Amount of Credit £9,595.20 | First Payment £248.63 | 46 Monthly Payments £248.63 | Final Payment £248.63 |
Agreement Duration 48 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £2,339.04 | Total Amount Payable £14,333.04 | Annual Fixed Interest Rate 5.00% | Representative APR 11.70% |