You live together or are married
If you live together or are married and you both live at the same address, the bank looks at the total income. A big advantage of taking out a loan together is that the bank uses a lower interest rate in this situation. This is because in this situation she runs less risk that a loan will not be repaid; after all, the loan is calculated on two incomes. If one income is lost (or falls back due to illness, unemployment, working less or another job) then there is still an income.
Read more about borrowing money together
You are single
For single people, the bank takes a critical look at the income and expenditure you have. With this, the bank wants to prevent you from having financial problems if your income falls due to unemployment or incapacity for work.
When granting your loan, the following applies: the more information and therefore certainty you provide (so that the bank can properly assess the credit risk), the smaller the risk for the bank. If you give the bank insight into your possible extra income in addition to your income, such as allowances or structural overtime, the bank can grant you a higher loan amount and / or charge a lower interest rate.
You are divorced
If you are divorced, the bank would like to know whether there is alimony. If you receive alimony, the bank does not see this as income and therefore has no effect on your maximum loan amount. If you have to pay alimony, this will have an effect on the maximum loan amount. The other criteria are almost the same as for a single person.
You are a widower / widow
A widower or widow is judged using the same criteria as that of a single person. Your survivor's pension and / or ANW benefit can be included as a fixed and stable income in the assessment of your loan application.
You are a student
If you are studying and you want to borrow money in addition to your student grant, you must have sufficient financial resources. If you have no or insufficient fixed and stable income from paid employment, you cannot apply for a regular loan. Some banks offer special student loans. You can apply for a student loan through DUO (Education Executive Agency) if the student finance is not sufficient.
You are resident
The minimum age to apply for a loan as a resident or resident is 29 years. If you are younger than 29 and you live with parents, family, friends or you live in rooms, we cannot be of service with a loan. If you are older than 29, you may apply for a loan as a resident. Ask for our conditions.