Finance

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Representative Finance Example
Product
Hire Purchase
Cash Price
£69,995.00
Total Deposit
£6,999.50
Total Amount of Credit
£62,995.50
First Payment
£1,350.61
58 Monthly Payments
£1,350.61
Final Payment
£1,350.61
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£18,041.10
Total Amount Payable
£88,036.10
Annual Fixed Interest Rate
10.90%
Representative APR
10.90%
Product
Hire Purchase
Cash Price
£69,995.00
Total Deposit
£6,999.50
Total Amount of Credit
£62,995.50
First Payment
£1,350.61
58 Monthly Payments
£1,350.61
Final Payment
£1,350.61
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£18,041.10
Total Amount Payable
£88,036.10
Annual Fixed Interest Rate
10.90%
Representative APR
10.90%
Product
Hire Purchase
Cash Price
£69,995.00
Total Deposit
£6,999.50
Total Amount of Credit
£62,995.50
First Payment
£1,350.61
58 Monthly Payments
£1,350.61
Final Payment
£1,350.61
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£18,041.10
Total Amount Payable
£88,036.10
Annual Fixed Interest Rate
10.90%
Representative APR
10.90%