Borrow $ 150,000

Borrow $ 150,000

Borrow $ 150,000, for example for a second home , at a time that suits you. Without time-consuming office visits and simply online. That is possible with us. You can borrow this amount from 3.5%. Moreover, you do not pay any closing and advice costs. This way you can borrow money easily, cheaply and responsibly.

If you want to borrow money, you can choose from two types of loan: a Personal Loan or a Continuous Credit . If a Personal Loan is not what you are looking for, a Revolving Credit is the alternative. A Revolving Credit is often chosen as a loan form if you want to have extra money in reserve or if you need money for a shorter period of time. This loan form is more flexible because the interest is not fixed and you can also withdraw repaid amounts, up to the agreed credit limit. A combination of these two loan forms is also possible, namely in the form of a Combination Credit . You will receive part of the loan amount in the form of a Personal Loan, the other part in the form of a Continuous Credit.

Personal loan

Choose a Personal Loan if you have a specific loan purpose or want security. A Personal Loan of $ 150,000 has a fixed interest rate starting at 3.5%. You determine the term in advance together with the bank. If you choose a term of 120 months, you will pay approximately $ 1,479.43 each month in repayment and interest. You repay the loan in 10 years.

Read more about Personal Loan

How does it work?

To make it clear for you how we work, we have listed the application procedure for a loan for you:

1. Determine term and monthly installment
   
   You have already chosen to borrow US $ 150,000. With a Personal Loan you receive a one-time $ 150,000, which is paid out to finance your desired purchase. You repay this loan in monthly installments during the agreed term. You can best adjust the term you choose to the economic life of your purchase. For example, it is often not wise to choose a term of 10 years for the purchase of a second-hand car. There is a chance that you will still have the loan while your car is already due for replacement. In addition, when choosing the term, take the corresponding monthly installment into account. A longer term means a lower monthly term and vice versa. This way you avoid surprises in advance, during the term or even afterwards and you know exactly when you will be debt-free again.
   
   
2. Request a quote
   
   After making your choices, fill out our online quote request form . You hereby instruct us to request a quote from our banks without any obligation and free of charge . We request the offer from several banks so that you get a complete overview of all your options.
   
   
3. Compare the offer in your personal and safe My SNLO environment
   
   After a few hours you will receive the offer from our banks by e-mail and in your personal My SNLO environment in one overview. Here you can compare the interest, all conditions and lead times of the banks at your leisure. You then make a choice for the offer that best suits your needs.
   
   
4. Provide required documents
   
   After you have made a choice for a loan, you deliver the necessary documents digitally in your personal secure My SNLO environment. Here you will find which documents you must submit exactly and you can follow the progress of your loan application. We draw up the contract for the chosen loan. You can then view and download this contract by e-mail and My SNLO.
   
   
5. We will take care of the rest
   
   After you have digitally submitted the signed contract and other necessary documents to us, we ensure that the bank pays the loan within the number of working days specified.