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HP Finance representative example

Total cash price£19,000.Borrowing£25,238with a£1,000deposit at a representative APR of11.9%.

  • Cash Price£19,000
  • Deposit£1,000
  • APR11.9%
  • monthly payments£468
  • Rate of interest11.28%
  • Total amount payable£23,455
  • Term48 months
  • Total deposit£1,000
  • Total amount of credit£18,000
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence