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Representative Example for Hire Purchase (HP): Cash price £6,000.00, Annual Interest Rate (fixed) 9.43% p.a., with a representative 9.9% APR, total amount of credit £5700, deposit of £300.00, an initial payment of £119.65, followed by 60 monthly payments of £119.65 with a final payment of £119.65, total amount payable is £7,479.00
2,450
From 72.28p/m.
2,000
From 59.00p/m.
1,995
From 58.84p/m.
1,695
From 49.99p/m.
Finance Representative
Product
HP
Cash Price
£1,795.00
Deposit
£200.00
Total Amount Payable
£2,416.10
Fixed Rate
6.00%
Duration of Agreement
36
Initial Payment
£207.84
Monthly Payment
£58.84
x
34
Final Payment
£207.84
APR Representative
20.0%
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