Have a garage built or create extra space with an extension? Or maybe a new car is on your wish list. How do you finance this? Borrowing money as a homeowner means that you can opt for our homeowner personal payday loan. This is the new name for the personal payday loan. This loan, with a minimum loan amount of € 10,000 and a maximum amount of € 75,000, has been specially developed for people with an owner-occupied home.
Borrow money for homeowners
With this loan you can borrow money more cheaply online. You have a owner-occupied home and with this you offer the bank more certainty with regard to people with a rental home (a home has value, a home does not). You can borrow more at a lower interest rate.
Nowadays, anyone with an owner-occupied home can apply for a Home Loan. With the former personal payday loan, surplus value on the home was a requirement. That no longer applies. You also no longer need a valuation report. An assessment at the BKR is still part of the application. Of course we also look at your total financial situation, so that it is a responsible loan that you take out.
Just like a “normal” personal payday loan, this loan has a fixed interest rate and term. You pay the same amount in installments and interest each month so that the loan is fully paid off at the end of the term. You borrow at a low fixed interest rate.
In the meantime, you can always repay the loan extra free of charge. You thereby shorten the term of the loan; the monthly charges will remain the same. Ultimately, thanks to the extra repayments, you pay back less credit to the bank.
In the case of a renovation or home improvement of the first home, the interest costs are also tax deductible. You do not have to spend the loan amount of a homeowner personal payday loan on home improvement; the loan is independent of the spending objective. However, the tax benefit does not apply. See www.belastingdienst.nl for more information.
The costs of a homeowner personal payday loan are different per situation. It depends on the amount of the loan amount and the associated interest. Through our calculation tool you can calculate online what the loan will cost you every month during the chosen term.
- Attractive low interest thanks to a house
- Security thanks to a fixed interest rate and duration
- Always pay extra extra free of charge
- No valuation report required
- No closing and advice costs
- The request will be processed by the bank within two working days (provided that the customer has supplied all correct documentation according to the parts list). After a positive result, the money can be credited to your account within two working days.
- Tax benefit if the loan is used for improvement or renovation of the home
- The borrowed money does not have to be spent on renovating or improving the home; spending objective is free.
- You can request a loan from the age of 21 up to and including your 74th year (you have repaid the total loan at the end of the term)
Partly convert mortgage to a personal payday loan
You can convert part of your mortgage to a homeowner personal payday loan. That may not make sense, but in the meantime we have considerably reduced the annual costs for various customers in this way. There is a good chance that you too will benefit from a conversion to a personal payday loan homeowner.
Do you want to receive a personal calculation example? Contact our adviser; he makes a customized calculation.
Do you have a house for sale and do you want to apply for a loan with a low interest rate? Then complete the application form for a homeowner personal payday loan. Our adviser will contact you to discuss the application. You will then receive a quote free of charge and without obligation that fully meets your wishes.
Below you will find an indication of the interest rates with different loan amounts.