How much can I borrow is a question that is often asked and is easy to calculate with current online tools. First make a list for yourself with your monthly income and fixed costs. Once you have done this, you can easily calculate on the internet how much you can borrow.
It is of course also the question of what you are going to use a loan for, how much you want to borrow and whether you already have other loans. What is also being looked at is your credit card and the credit space on it and a possible red balance at your bank and the space that you have available for it, these are all things that count when calculating how much you can borrow.
How much can I borrow
There are several forms of credit in the Netherlands that you can apply for and all of these types have variants on them, I will not go into those variants any further now and only discuss the most important loans. This way you get a general impression of what you can borrow and which loan you can best apply for , but of course it is always important to make a good comparison yourself and to pay close attention to any extra costs and of course the interest you have to pay. Pay. Often by putting good loans next to each other or requesting multiple quotes you can get a good overview of the overall picture.
Which loan form do I choose
Check for yourself what you want to do with the loan, buy something expensive and spend the entire amount in one go, or do you just like having some money in hand to be able to absorb any setbacks .
If you are going to make a large expense by, for example, buying a car or caravan, then it is best to opt for a personal loan , you get the requested amount in one go into your account and then you pay it back with a fixed interest in time which has been agreed, with a personal loan this is often a period of 5 years.
If you prefer to just have some money in hand, then you opt for a revolving credit, here the duration and interest is variable, another advantage of a revolving credit is that you can withdraw repaid amounts once, with a personal loan that is not possible. With a net income of around 1400 euros per month you can apply for the above loans.
The mini loan is a bit of a story when it comes to borrowing money because it is actually an advance on your salary and essentially different from the loans mentioned above. With a mini loan you can borrow money quickly with a small amount of up to 800 euros, but you have to pay it off quickly again, within a maximum of 45 days. The advantage of a mini loan is that you get rid of it quickly and it is also irrelevant whether you have a negative bkr registration, with a mini loan you can borrow money with bkr .
More information about borrowing money
You don’t just borrow money and it can have far-reaching consequences, so think carefully whether you want to take out a certain loan, perhaps it would be wiser to save for a while. If you want to borrow more information about money, the website is highly recommended, here you will find a lot of information about almost all loan forms.