Outlined below is an example of a Consumer Hire Purchase Loan which will give you an idea of monthly repayment schedules.
| Finance Amount |
|
36 months |
|
48 months |
|
60 months |
| €7,500 |
|
€236.76 per month |
|
€185.57 per month |
|
€155.32 per month |
| €10,000 |
|
€317.07 per month |
|
€248.85 per month |
|
€207.58 per month |
| €12,000 |
|
€381.04 per month |
|
€298.62 per month |
|
€249.10 per month |
Finance example: Amount borrowed €10,000 repayable over 60 months equals €207.58 per month (weekly equivalent €47.90). There is a once off payment of €63.49 documentation fee (payable at the beginning) and €63.49 purchases instalment fee (payable at the end). Total amount repayable equals €12,581.78. The cost of credit is €2,581.78 in total or €516.36 per year. 9.9% APR
Subject to current lending criteria and terms and conditions. Security may be required. A credit search will be carried out on all applicants. Credit is only available to persons over the age of 18 years. Subject to documentation fee of €63.49 and purchase instalment fee of €63.49 No final lump sum payment. This is a fixed rate repayment for the term. Hire Purchase Agreement in accordance with the Consumer Credit Act 1995. Typical APR 9.9%.
Warning: You will not own the goods until the final payment is made