Finance

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Representative Finance Example
Product
Personal Contract Purchase
Cash Price
£17,995.00
Total Deposit
£1,799.50
Total Amount of Credit
£16,195.50
First Payment
£275.08
58 Monthly Payments
£275.08
Final Payment
£6,349.49
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£6,383.71
Total Amount Payable
£24,378.71
Annual Fixed Interest Rate
11.50%
Representative APR
11.50%
Product
Personal Contract Purchase
Cash Price
£17,995.00
Total Deposit
£1,799.50
Total Amount of Credit
£16,195.50
First Payment
£275.08
58 Monthly Payments
£275.08
Final Payment
£6,349.49
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£6,383.71
Total Amount Payable
£24,378.71
Annual Fixed Interest Rate
11.50%
Representative APR
11.50%
Product
Personal Contract Purchase
Cash Price
£17,995.00
Total Deposit
£1,799.50
Total Amount of Credit
£16,195.50
First Payment
£275.08
58 Monthly Payments
£275.08
Final Payment
£6,349.49
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£6,383.71
Total Amount Payable
£24,378.71
Annual Fixed Interest Rate
11.50%
Representative APR
11.50%