How much can I borrow?

Maximum loan

Maximum loan

The first question that often comes to consumers is the amount that can be borrowed. When assessing the maximum amount to be borrowed, we look at the income, but also at a number of fixed costs. This is done to make borrowing as financially responsible as possible.

How can I find out what I can borrow?

Calculation modules are available to find out how much money can be borrowed based on income. In any case, lenders always look at the income and possibly at the income of the partner if that counts for determining the amount of the loan. Other outstanding loans and a number of fixed costs such as a mortgage or rent are also included in the calculation.

Household composition

Household composition

When applying for a loan, the composition of the household may be important for determining the amount of the loan. Two partners without children with an income each can borrow more than a couple with three children and only one or one and a half income.

Lenders

The answer to the question ‘how much can I borrow’ may vary per lender. There are lenders where the loan may be higher than with another. Requesting multiple bids can therefore be worthwhile in the event that the highest possible loan is desired.

Factors for maximum loan

Factors for maximum loan

How much can I borrow is a question that cannot be answered simply. Several factors play a part in this, such as income and fixed costs, but also the composition of the household, the current interest rate and the age of the applicant.

Maximum limit

Usually a maximum limit is applied for a personal loan or for a revolving credit. This limit is usually between 50,000 euros and 75,000 euros. It is often not possible to borrow more money for a personal loan or revolving credit than the stated maximum limit.

Calculate online loan

Calculate online loan

How much can I borrow is a question that can easily be answered by using an online calculation module. That immediately gives a clear picture of the expected maximum loan amount.