It is a question we often get at , and it is a question that only you can answer yourself.
Here are some tips on what you should consider.
- How much you can loan depends mainly on your ability to repay. The question should be changed to how much should I loan ? The most important thing to keep in mind is that it is a loan that must be repaid. No matter how obvious it may sound, it is something that loaners often forget. They focus on what to buy rather than the repayment that follows when they take the loan.
- Furthermore, how much you can loan depends on your individual situation. The banks that grant blank loans look at your individual situation. The banks ask themselves how much they can lend to you. Each bank assesses the situation differently. The decision is made on factors such as your current salary, your form of employment (fixed, sample, hour, etc.), how much you have earned in recent years (your taxed income), current debt, if you have a co-applicant and his situation, risk factors (t .ex payment notes) and so on. This is not something you can change in the short term, but it is worth keeping in mind as a possible explanation why you, for example, not get the entire loan amount that you have applied for.
- Your disposable income is another factor that you should consider when you ask yourself how much I can loan. Write down all your costs on a piece of paper, think carefully so you don’t miss anything, figure out the total amount. Then deduct that amount from what you get in salary after tax. That figure should pay variable costs such as food, clothing and entertainment. Then you will have some money left over. Clean with a substantial margin of error, eg if you have 5,000 kr left after costs, expect that you only have 2,000 kr left after the error margin. It is the monthly cost that you should consider in order to be able to repay a loan.
Think of these three points above when deciding yourself to decide how much I can loan.
When you have decided how much you can loan, you should set the banks against each other, for example. through us, to make sure you get the lowest interest rate and best terms.