HP Finance representative example

Total cash price£56,450.Borrowing£73,298with a£1,250deposit at a representative APR of10.4%.

  • Cash Price£56,450
  • Deposit£1,250
  • APR10.4%
  • monthly payments£1,398
  • Rate of interest10.39%
  • Total amount payable£68,361
  • Term48 months
  • Total deposit£1,250
  • Total amount of credit£55,200
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence
  • Deposit Contribution£250