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

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