Typical Representative Finance Example
| Product Hire Purchase | Cash Price £3,995.00 |
| Total Deposit £0.00 | Total Amount of Credit £3,995.00 |
| First Payment £83.86 | 58 Monthly Payments £83.86 |
| Final Payment £84.86 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £1,037.60 | Total Amount Payable £5,032.60 |
| Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £3,995.00 | Total Deposit £0.00 | Total Amount of Credit £3,995.00 | First Payment £83.86 |
| 58 Monthly Payments £83.86 | Final Payment £84.86 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £1,037.60 | Total Amount Payable £5,032.60 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £3,995.00 | Total Deposit £0.00 | Total Amount of Credit £3,995.00 | First Payment £83.86 | 58 Monthly Payments £83.86 | Final Payment £84.86 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £1,037.60 | Total Amount Payable £5,032.60 | Annual Fixed Interest Rate 5.19% | Representative APR 9.90% |
