What affects how much the loan costs?
There are several factors that affect the price of your loan, and it depends on you and your bank.
The cost of the loan is affected by:
- The type of loan you’re taking
- The interest rate
- Additional costs, such as set-up and instalment fees
- The repayment period
- Whether you have an annuity or serial loan
How much can you borrow?
Just like the cost of the loan, your ability to borrow also depends on a number of factors. Many have complex finances and will therefore get an exact answer by getting in touch with us for an assessment.
When we receive your loan application, we consider, among other things:
- What type of loan you want
- Total debt from before
- Your ability to pay
- Equity