Whether you can get a loan depends on a large part of your income. It is then important to know which allowances are included and which are not. Borrowing money and allowances are directly related. The higher your income, the more you can borrow. It does not only help for the amount of your loan. The interest rate that you must pay is also determined based on your income. Surcharges can therefore give you a lot. To find out which allowances are and are not relevant to the loans, we have made an overview for you. In which you can quickly and easily find out what the various allowances can mean for you. Incidentally, you must keep in mind that the following is a guideline. Banks can deviate from this. Providers of, for example, mini-loans will also look at this differently than providers of revolving credit and personal loans.
Borrow money and allowances that can be taken along
There are a number of surcharges that are almost fully included by the bank, for example:
- Irregularity allowance
- Team allowance
- Personal allowance
These are allowances that can be included in full if they are structural, monthly recurring allowances.
Borrow money and allowances that are included to a limited extent
There are various supplements that are taken into account by the banks to a limited extent. Or by one bank, but not by another bank.
Examples of this are:
- Housing allowance
- Overtime allowance
- 13th month
- Commissions and bonuses
If the surcharge you have appears in the list above, it may be advisable to contact the credit intermediary or the bank.
The advantage of a credit broker is that they know the acceptance guidelines of several banks. This increases the chance that they also have a bank in the assortment that does include all allowances. This allows you to borrow more. Or take out a loan at a much lower interest rate.
Borrow money and surcharges that are not included
In addition, there are a number of surcharges that are not included.
These are mainly allowances that are paid by the tax authorities. You can think of the health care allowance and the childbound budget and such childcare allowances. The childcare allowance is also one that is not included in the loan calculation.
Not entirely clear yet? Get in touch!
Do you have any questions about borrowing money and surcharges? Do you want to know why the banks do not include certain allowances? Then we recommend that you contact the bank or credit intermediary directly. They can immediately provide you with more information about the allowances that may or may not be included, and explain why they are not included.
Are exceptions to be made?
It is of course extremely annoying if you can no longer get a loan because the surcharges that you have are not included or not fully included. However, there is some good news to report about this. Banks are increasingly being complied with by the regulator. One of these rules is the duty of care. On the basis of these rules, the bank must also “take care of you” if you cannot actually pay the loan that you currently have with the bank. The bank then has to think along to, for example, lower your monthly installment or lower your interest. The first measure gives you some financial room in the short term. The second measure is much better in the longer term. With a lower interest rate you will be rid of your loan much earlier. And that ultimately gives you the most benefit.