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Motorhome Finance - Representative Example

Duration of Agreement

Vehicle Price

Total Deposit

Balance to Finance

Total Charge For Credit

Total Amount Payable

120 Monthly Payments

APR

Interest Rate (Fixed)

120 Months

£33,000.00

£3,000.00

£30,000.00

£20,195.89 excl. purchase fee

£53,205.89 incl. deposit and purchase fee

£418.30

11.9% APR

11.90%

Borrowing £41,537.37 over 120 months with a representative APR of 8.9%. The amount payable would be £516.26 per month, with a total cost of credit being £20,413.41 and a total amount payable being £61,950.78.

The actual rates may differ as they are dependent on the applicant’s credit profile. Please note we are a broker and not a lender.