Price | Deposit | Balance | 1st pmt | Monthly Pmt | Final Pmt | Term | Rep APR | Fixed Rate | Total Payable | |
---|---|---|---|---|---|---|---|---|---|---|
HP | £3250.00 | £325.00 | £2925.00 | £198.94 | £198.94 | £199.94 | 16 | 12.9% | 6.62% | £3509.04 |
[ HP ] An OTR Cash Price of £3,250.00 with a deposit of £325.00 leaving an amount of credit of £2,925.00. The agreement is resulting a Representative 12.9% APR, Rate of interest 6.62% and a total amount payable of £3,509.04. Payments are based on a duration of agreement of 16 months, with a first monthly payment of £198.94, regular monthly payment of £198.94 and a final monthly payment of £199.94.
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Borrowing £28795.50 over 60 months with a representative APR of 12.9%, an annual interest rate of 6.81% (Fixed) and a deposit of £3199.50, the amount payable would be £643.37 per month, the final payment would be £644.37 and a total amount payable of £41802.70