Finance representative example HP
Borrowing £19,900.00 with a £4,975.00 deposit at a representative APR of 10.9%.
60 monthly payments £444.05
Customer deposit £4,975.00
Total deposit £4,975.00
APR Representative 10.9%
Cost of credit £20,709.75
Duration of agreement 60
Fixed rate of interest 10.9%
Total amount payable £33,556.25
