# How much can I borrow – calculate credit

With this type of loan, the provider does not make a complete application to Schufa, nor is a loan granted registered with Schufa. The question “How much can I borrow” cannot be answered with a definite amount. Rather, it has to be clarified on a case-by-case basis and depends on the term and the interest rates. The Schufa score or the bank’s internal rating also takes into account how old you are and sometimes even in which area you live. When asked “How much can I borrow is friendlier for two borrowers than for a single applicant?

## How much can I borrow

There is no clear answer to the question “How much can I take out a loan? In the case of a real estate loan, the maximum possible loan amount is predominantly eighty percentage points of the construction costs or the purchase price of a property, while the remaining amount must be raised as own funds. For the product bank loan without Schufa from Switzerland, there are clear statements on the question

## How much can I take out a loan

Here the offered credit total is alternatively 3500 or 5000 USD. In this case, too, an increased loan amount cannot be completely ruled out if the borrower submits his application via an intermediary. Only a few credit institutions have the opportunity to offer unlimited financing of any size. Most financial institutions have maximum interest rates that they only go beyond in individual cases and against further security.

In the case of instant loans, most credit institutions grant smaller maximum loan amounts, because due to the quick payment of money, they will only superficially check the submitted credit documents and in some cases will even waive them. The answer to the question “How much can I take out a loan” is also quite low for promotional loans such as student loans.

The credit institution, which is set by the student, pays between one hundred and sixty-six USD a day. The credit institution’s budget statement determines whether the applicant can pay the monthly installments due to a cash payment with his or her salary. So the real question is less “how much can I borrow” than more “What monthly rate can I take?

### The potential loan amount increases as monthly loan interest rates decrease

However, the possibility of an extension of the deadline is limited by the fact that most banking institutions do not offer periods of more than 10 years for consumer credit. This does not affect all institutions so that after thorough research a house bank can be found that grants loans with a duration of twelve to fifteen years.

For two borrowers, answering the question “How much can I borrow” is more likable than for a single borrower? With two loan applications, the income of both contracting parties can be used to pay the monthly installment. This increases the transferable monthly rate. In this case, the monthly rate of two loan applications is doubled.