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Representative Finance Example
Product
Personal Contract Purchase
Cash Price
£19,495.00
Total Deposit
£1,949.50
Total Amount of Credit
£5,103.88
First Payment
£298.31
47 Monthly Payments
£298.31
Final Payment
£8,331.50
Agreement Duration
49 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£5,104.88
Total Amount Payable
£24,599.88
Annual Fixed Interest Rate
4.87%
Representative APR
9.90%
Product
Personal Contract Purchase
Cash Price
£19,495.00
Total Deposit
£1,949.50
Total Amount of Credit
£5,103.88
First Payment
£298.31
47 Monthly Payments
£298.31
Final Payment
£8,331.50
Agreement Duration
49 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£5,104.88
Total Amount Payable
£24,599.88
Annual Fixed Interest Rate
4.87%
Representative APR
9.90%
Product
Personal Contract Purchase
Cash Price
£19,495.00
Total Deposit
£1,949.50
Total Amount of Credit
£5,103.88
First Payment
£298.31
47 Monthly Payments
£298.31
Final Payment
£8,331.50
Agreement Duration
49 months
Admin Fee
£0.00
Option to Purchase Fee
£1.00
Interest Charges
£5,104.88
Total Amount Payable
£24,599.88
Annual Fixed Interest Rate
4.87%
Representative APR
9.90%