Typical Representative Finance Example
| Product Conditional Sale | Cash Price £5,500.00 |
| Total Deposit £550.00 | Total Amount of Credit £4,950.00 |
| First Payment £110.42 | 58 Monthly Payments £110.42 |
| Final Payment £110.42 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £1,675.20 | Total Amount Payable £7,175.20 |
| Annual Fixed Interest Rate 5.00% | Representative APR 12.80% |
| Product Conditional Sale | Cash Price £5,500.00 | Total Deposit £550.00 | Total Amount of Credit £4,950.00 | First Payment £110.42 |
| 58 Monthly Payments £110.42 | Final Payment £110.42 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £1,675.20 | Total Amount Payable £7,175.20 | Annual Fixed Interest Rate 5.00% | Representative APR 12.80% |
| Product Conditional Sale | Cash Price £5,500.00 | Total Deposit £550.00 | Total Amount of Credit £4,950.00 | First Payment £110.42 | 58 Monthly Payments £110.42 | Final Payment £110.42 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £1,675.20 | Total Amount Payable £7,175.20 | Annual Fixed Interest Rate 5.00% | Representative APR 12.80% |