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Representative Finance Example
Product
HP / ML
Cash Price
£8,995.00
Total Deposit
£899.50
Total Amount of Credit
£8,095.50
First Payment
£178.49
58 Monthly Payments
£178.49
Final Payment
£377.49
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£2,812.90
Total Amount Payable
£11,807.90
Annual Fixed Interest Rate
5.98%
Representative APR
12.91%
Product
HP / ML
Cash Price
£8,995.00
Total Deposit
£899.50
Total Amount of Credit
£8,095.50
First Payment
£178.49
58 Monthly Payments
£178.49
Final Payment
£377.49
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£2,812.90
Total Amount Payable
£11,807.90
Annual Fixed Interest Rate
5.98%
Representative APR
12.91%
Product
HP / ML
Cash Price
£8,995.00
Total Deposit
£899.50
Total Amount of Credit
£8,095.50
First Payment
£178.49
58 Monthly Payments
£178.49
Final Payment
£377.49
Agreement Duration
60 months
Admin Fee
£199.00
Option to Purchase Fee
£0.00
Interest Charges
£2,812.90
Total Amount Payable
£11,807.90
Annual Fixed Interest Rate
5.98%
Representative APR
12.91%