In the UK, what do you call the amount you pay every month in a hire purchase?
If I am buying a laptop with a hire purchase, what do you call the amount you pay every month?
Is it called monthly pay, monthly instalment or something else?

Question

In the UK, what do you call the amount you pay every month in a hire purchase?
If I am buying a laptop with a hire purchase, what do you call the amount you pay every month? 
Is it called monthly pay, monthly instalment or something else?

Answer

Hi Pistachio 
'Monthly instalment' is the usual option but 'monthly payment' is also possible.  The suffix '-ment' changes the verbs 'pay' and 'install' into nouns.
Best,
Rebecca