Calculate maximum loan amount
April 15, 2019
How much money can I borrow? Calculate it yourself!
A frequently asked question on the internet is “how much can I borrow?” Of course you need clarity about the maximum amount that you can borrow. You can easily calculate this yourself on the website of CreditUsAll. In fact, it is smart to calculate in advance how much money you can borrow in a responsible way. With the result of this test calculation (because it remains an indication) you can possibly adjust your wishes. We will inform you in detail below about the calculation of your maximum loan.
Calculate maximum loan and net income
Calculate how much money you can borrow and use our online calculation module. The net income is co-determining for the maximum amount that you can borrow. For entrepreneurs, they must retrieve the data on the ‘net disposable income’. You can use your annual figures for this. Are you employed? Then the amount of your income is clear. Pension is also seen as income. If necessary, also state the net income of a partner if you wish to take out the loan in the name of both of you.
Also net housing costs for a reliable calculation
To calculate your maximum credit with our loan calculator, you also enter the net housing costs. These can be the costs for your mortgage or the rent. Are you also repaying one credit or several credits? Then state the total amount of the debt (s). This can be, for example, a red payment on a payment account or an installment loan with a mail order company. It is possible to bundle these loans into one cheap, new loan!
What you can borrow also depends on the family situation
The amount of the loan amount also partly depends on the family situation. Do you live together? Are you married? Do you have children? You answer all these questions with a YES or NO. Children are children living at home.