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Representative Finance Example
Product
Conditional Sale
Cash Price
£17,748.00
Total Deposit
£1,774.80
Total Amount of Credit
£15,973.20
First Payment
£342.36
58 Monthly Payments
£342.36
Final Payment
£352.36
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£4,578.40
Total Amount Payable
£22,326.40
Annual Fixed Interest Rate
5.72%
Representative APR
10.90%
Product
Conditional Sale
Cash Price
£17,748.00
Total Deposit
£1,774.80
Total Amount of Credit
£15,973.20
First Payment
£342.36
58 Monthly Payments
£342.36
Final Payment
£352.36
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£4,578.40
Total Amount Payable
£22,326.40
Annual Fixed Interest Rate
5.72%
Representative APR
10.90%
Product
Conditional Sale
Cash Price
£17,748.00
Total Deposit
£1,774.80
Total Amount of Credit
£15,973.20
First Payment
£342.36
58 Monthly Payments
£342.36
Final Payment
£352.36
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£4,578.40
Total Amount Payable
£22,326.40
Annual Fixed Interest Rate
5.72%
Representative APR
10.90%