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Use this tool to calculate repayments on Hire Purchase (HP) or Commercial Hire Purchase (CHP) car finance.
A lump sum owed to the financier at the end of a loan's term,
expressed either as a dollar value or a percentage of the amount borrowed. If you are unsure whether
you require a residual, leave this value as 0%.
Use this Commercial Hire Purchase Calculator to calculate monthly, fortnightly or weekly repayments on Commercial Hire Purchase (CHP) agreement for a car or other passsenger vehicle.
You can structure your Commercial Hire Purchase calculation with an amount borrowed (financed), interest rate, loan term (length) in years or month and residual value (balloon value).
Disclaimer: While we make every attempt to give you the best possible tools and information, Stratton Finance Pty Ltd, its agents, employees and accredited lenders will accept no responsibility for any loss that may arise.
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Original URL: http://www.strattonfinance.com.au/car-finance/calculators-tools/hire-purchase-calculator.aspx
stratton offers finance and insurance for cars, properties, equipment and more. Visit us online at http://www.strattonfinance.com.au, or call 1300 STRATTON (1300 787 288).