Make your own estimate of how much can you borrow
The simulator doesn’t guarantee that you can actually borrow this amount, but it does give you a better idea of what’s possible.
How to start saving
‘How much can I borrow?’ It’s a common question, and the answer is always different. It all depends on how much you can pay off each month and how large a deposit you can put down to begin with. These two factors are determined by your financial situation.
The first step is to subtract your monthly expenditure from your monthly income in order to estimate how much you can afford to repay. After that, you should read on for more savings tips.
Your monthly income and expenditure
To calculate the amount you can repay each month, you need to look at the money you have coming in:
- Your salary or other income received for work
- Income from a self-employed activity or second job
- Rental income from an apartment or house
If your income varies each year, add up your income from about three months and take the average.
You can split your monthly expenses into two categories: fixed costs and your household budget.
Examples of fixed costs include:
- Ongoing payments such as your mortgage or rent
- Other ongoing payments, such as for a car loan or personal loan
- About 7% of your total credit card limits and budget facility (these are also a type of loan)
Examples of household expenses include:
- Food and drink
- Clothing
- Energy costs
- Water costs
- Internet and telephone bills, etc.
If you’re already a customer with us, you’ll immediately see your monthly expenditure in the ‘Personal finance manager’ in KBC Brussels Touch. Alternatively, you can ask Kate in KBC Brussels Mobile for an overview of your monthly expenditure.
If you’re borrowing by yourself, you should only look at your own income and expenditure. If two of you are borrowing, you should add everything together.
Make sure you don’t forget about the interest. KBC Brussels's various simulators allow you to calculate this.
What can you borrow for when taking out a loan online with KBC Brussels?
Finance your home with our mortgage loan and be like over 40 000 other customers and find out online whether you can apply for a home loan.
If your home is in need of a makeover, be sure to check whether you qualify for a renovation loan. If at least half of your renovations are for energy-efficiency purposes, you should also take a look at our energy loan.
Are you looking to finance your child's education, or perhaps you're about to tie the knot? A personal loan lets you pay off these kinds of expenses over a longer period.
At KBC Brussels, you can finance your plans online. That means you can go online to apply for a loan of 500 to 50 000 euros from KBC Brussels (assuming you meet the terms and conditions of the loan in question). If you think you’d like to borrow a larger amount, you should visit your local KBC Brussels branch.
Remember, borrowing money also costs money.
Lender: KBC Bank NV, with registered office at Havenlaan 2, 1080 Brussels, Belgium, VAT BE 0462.920.226, RLP Brussels. Subject to your credit application being approved by KBC Bank NV.