Loan consolidation simulation, pay less | Know more

 

The credit consolidation simulation is made available to you free of charge so that you can determine in advance what your future credit will cost you. It is important that you properly assess your budget so that this new loan does not cause you any worry of repayment.

The rate indicated when you make your credit consolidation simulation is the actual rate that will appear on your credit contract if you meet the conditions indicated.

Credit consolidation simulation: your advantages

Credit consolidation simulation: your advantages

  • Amount: from 4,000 dollars to 100,000 dollars
  • Duration: 12 months to 120 months
  • Rate: from 5.95% (under certain conditions)
  • Quick decision (within 24 hours, generally within one hour of processing your request)
  • Availability of funds: within 48 hours of signing your credit agreement

Credit consolidation simulation: instructions for use

Credit consolidation simulation: instructions for use

  1. Slide the slider to choose the amount you would like to borrow
  2. Indicate whether you are the owner or not
  3. Indicate if you respect the conditions of the orange box
  4. Click on the thumbnail showing the monthly payment and the duration that interests you
  5. Browse the result showing all the details related to your future personal loan
  6. Click on the “Submit my request” button

Calculation of the debt ratio

Calculation of the debt ratio

Your debt ratio is the ratio between the total expenses paid that you pay and the total income that you receive.

Calculation: (charges / income) * 100 =…%

Income taken into account during a credit consolidation simulation

  • Monthly salary (net)
  • Meal vouchers
  • Disability income (mutual)
  • Unemployment: max 1,100 dollars for a single person and 650 dollars for a cohabiting person
  • Rental income (if lease and paid on account): weighted at 80%

Income not taken into account

  • Family allowances
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  • Income of the SPF Social Security – Black Virgin
  • Rental income paid from hand to hand

Charges taken into account

  • Your rental rent
  • The monthly payment of your mortgage (if owner)
  • Support payments you pay (if applicable)
  • Global installment loan installments and open credit lines
  • The monthly payment of your new loan

If you are staying with the family, a fictitious rental rent of 300 dollars will be taken into account by borrower for the calculation of the debt ratio.

What are you waiting for to perform a credit consolidation simulation?

Notary fees simulator

Notary fees simulator

Since April 1, 2017, it is strictly prohibited by law to finance the notary fees for the purchase of real estate through a personal loan.

To calculate what you will have to reimburse to finance your notary fees, follow the following link: Fine Bank loan simulation. The Fine Bank loan has become a mortgage loan without real estate collateral. The simulator is identical to this one except for the interest rate which is much lower. You can finance all the costs via this type of credit or simply a part if you choose to take out the mortgage 125.

Simulation of credit consolidation for struggling homeowners

Simulation of credit consolidation for struggling homeowners

If you are unable to take out a normal personal loan and provided that you are the owner, we invite you to carry out a liquidity loan simulation ( the liquidity loan is an installment loan with mortgage registration ). This type of personal loan simulation is suitable for the owner in difficulty.

Processing of your personal data

Processing of your personal data

Your personal data is treated confidentially. We do not share our database under any circumstances. We do not sell any address. At any time, after applying for a loan online from us and provided that you have not signed a credit agreement, you can ask us to remove your personal data from our database.

It is important to know that we respect the privacy of all our customers.

No data is collected when you perform a credit consolidation simulation.

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