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HP Finance representative example

Total cash price£12,444.Borrowing£16,600with a£1,250deposit at a representative APR of12.2%.

  • Cash Price£12,444
  • Deposit£1,250
  • APR12.2%
  • monthly payments£292
  • Rate of interest12.15%
  • Total amount payable£15,284
  • Term48 months
  • Total deposit£1,250
  • Total amount of credit£11,194
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence
  • Deposit Contribution£250