This hire purchase calculator will allow you to see the true cost of your hire purchase over the lifetime of the contract. This hire purchase calculator will show the principal and interest costs per month to show the level of extra payments on top of the items price that you will be paying as well as the size of the monthly principal payments. Most hire purchase deals are done over 36-60 month periods because this is how the lender achieves the highest interest payment levels.
Hire Purchase Fees
Principal Amount Per Month
Interest Per Month
Total Per Month
Total Cost of Hire Purchase Over Life
Total Paid In Interest
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