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HP Finance representative example

Total cash price£12,000.Borrowing£15,918with a£1,000deposit at a representative APR of11.9%.

  • Cash Price£12,000
  • Deposit£1,000
  • APR11.9%
  • monthly payments£286
  • Rate of interest6.19%
  • Total amount payable£14,725
  • Term48 months
  • Total deposit£1,000
  • Total amount of credit£11,000
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence