HP Finance representative example

Total cash price£20,991.Borrowing£28,284with a£1,250deposit at a representative APR of12.2%.

  • Cash Price£20,991
  • Deposit£1,250
  • APR12.2%
  • monthly payments£515
  • Rate of interest12.17%
  • Total amount payable£25,999
  • Term48 months
  • Total deposit£1,250
  • Total amount of credit£19,741
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence
  • Deposit Contribution£250