Installment loan simulation

An installment loan, also known as a personal loan, can be requested for many things. For example, you may want to purchase expensive furniture or organize a large party. The installment loan is a suitable credit for this. You can easily make a simulation of your options via simulation loan.be.

Why an installment loan

Why an installment loan

There are many different goals for which you would like to take out an installment loan. The provider of this credit will therefore not ask about your purpose, they will only see to it that you can bear the monthly charges. With an installment loan you decide for what purpose you use this credit. In addition, you keep money in this way and you have sufficient financial leeway when spending large amounts of money. You can already apply for an installment loan for relatively low amounts. The rates and duration are tailor-made for you. After the simulation, it is therefore advisable to request a meeting with the financial institution in order to look at your personal situation.

The simulation

The simulation

If you want to make a simulation of the installment loan, you must enter some information in the calculator. For example, it is important that you consider an amount in advance and have made a well-considered choice. The installment loan for most lenders will amount to a maximum of 100,000 euros. In addition, you choose the term of the installment loan. The duration can vary from 6 months to 120 months, which amounts to 10 years. In this way you can adjust the installment loan entirely to your own personal situation.

Simulation as an indication

Simulation as an indication

Because every credit is different and every applicant is different, the simulation is only given as an indication. It is a first impression for you of your options with regard to applying for an installment loan. The simulation is therefore not binding. For this you need to make an appointment with a specialist from the financial institution. You will then receive a tailor-made proposal. Because of this you know in advance what you can expect and you are not faced with surprises afterwards. In addition, together with the specialist, a closer look is taken at the interest rate and the repayment. This way you know exactly how much you have to pay each month to repay the installment loan.

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