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HP Finance representative example

Total cash price£38,490.Borrowing£50,057with a£1,250deposit at a representative APR of10.3%.

  • Cash Price£38,490
  • Deposit£1,250
  • APR10.3%
  • monthly payments£942
  • Rate of interest10.31%
  • Total amount payable£46,469
  • Term48 months
  • Total deposit£1,250
  • Total amount of credit£37,240
  • Optional final payment£0
  • Annual mileage6,000
  • Excess cost per mile0 pence
  • Deposit Contribution£250