How to use Hire Purchase Car Loan Calculator Malaysia. You will immediately receive an estimate of your. Hire Purchase Secret 1 How Bank Calculate Your Car Monthly Instalment As a general rule the price of a Hire Purchase is calculated as follows. . Here is the video about How to calculate Interest on Hire Purchase system In this video we have discussed basics concepts of Hire purchase system in account. Workedout Example-2 Calculation of Interest. He or she then makes regular repayments instalments. Most Hire Purchase car finance interest rates range from 4 to 9 and these figures are manageable for most people looking to finance a car. We will calculate your payments total costs total interest charged and provide a schedule of. HIRE PURCHASE Under a HIRE PURCHASE contract a purchaser pays an initial deposit and takes the item away. Of Years and Car Loan Interest Rate The calculator will automatically calc...