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Representative Finance Example
Product
Conditional Sale
Cash Price
£7,695.00
Total Deposit
£769.50
Total Amount of Credit
£6,925.50
First Payment
£162.18
58 Monthly Payments
£162.18
Final Payment
£162.18
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£2,805.30
Total Amount Payable
£10,500.30
Annual Fixed Interest Rate
6.75%
Representative APR
15.30%
Product
Conditional Sale
Cash Price
£7,695.00
Total Deposit
£769.50
Total Amount of Credit
£6,925.50
First Payment
£162.18
58 Monthly Payments
£162.18
Final Payment
£162.18
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£2,805.30
Total Amount Payable
£10,500.30
Annual Fixed Interest Rate
6.75%
Representative APR
15.30%
Product
Conditional Sale
Cash Price
£7,695.00
Total Deposit
£769.50
Total Amount of Credit
£6,925.50
First Payment
£162.18
58 Monthly Payments
£162.18
Final Payment
£162.18
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£10.00
Interest Charges
£2,805.30
Total Amount Payable
£10,500.30
Annual Fixed Interest Rate
6.75%
Representative APR
15.30%

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