How much can I borrow | What amount can you borrow?

How much can you borrow with your income?

How much can you borrow with your income?

For many people who want to take out a loan, the question soon arises as to what amount they can borrow. Most people have a certain amount in mind that they want to borrow, but sometimes it can be nice to borrow a larger amount. That way you can incur multiple major expenses at the same time and you will not have multiple loans running side by side. Regarding administrative red tape it can be beneficial if you apply for one loan and do not have to worry about multiple costs. It is, of course, important to know how much you can borrow.

Different data


Various lenders are active on the market and most providers broadly pursue the same policy with regard to loans and the maximum amount that you can borrow. Differences are of course possible, but always be on the alert with lenders who can lend suspiciously large amounts. On various sites of these lenders you can see what you can borrow from the provider in question on the basis of your data. Not only your financial collateral, but also various other factors play a role in the amount of the maximum amount that you can request.

Important information

Lenders generally find it important to know whether you are single or cohabiting and how much your net monthly income is. If you have a partner, the lender often asks about his or her net income. It is also important to indicate whether you live in a house or in a rented house, this also influences the maximum amount that you can borrow. Often people also ask about the number of children living at home, because this too is a factor that influences the amount.

Details of the data

In many cases, the provider often also wants to know a number of additional details before the maximum loan amount can be determined. It is also important that the income that you state comes from paid employment (permanent or temporary employment), from (pre) pension or ANW benefit or from a WAO or WIA benefit. It is often important that you are at least 21 years old, otherwise you will not be eligible for a loan. Of course you must have a valid proof of identity and there must not be a negative BKR code. In the case of a negative BKR coding you cannot borrow money.

Refusal of loan

Refusal of loan

There are therefore conceivable situations in which you are refused a loan. If you have had payment arrears of a number of months in the (near) past, a lender may decide that you will not be granted a loan. In that case an A-code has also been reported to the Credit Registration Office, a negative BKR code almost always leads to a loan being refused. When taking out a loan, always take into account the fact that a late repayment of the amount to be repaid has consequences for future loans.

Lower amount than maximum

It can of course be very useful if you actually borrow the maximum amount that you can borrow from the lender or from your bank. However, it doesn’t hurt to borrow a lower amount than the maximum amount. The lender assesses the maximum loan amount for a substantial part of your income. However, if you become unemployed, your income will also decline and you may run into problems when paying back a loan. That is why some lenders recommend applying for a loan of 70% of the maximum amount.

National Mortgage Guarantee

When buying a home or renovating your home it can also be useful to apply for a loan. Based on the aforementioned data this results in a certain amount, but due to the National Mortgage Guarantee this amount may be different (and possibly more advantageous) for you. So if you are applying for a loan for renovating your house or purchasing a (new) home, it can be a good move to borrow with a National Mortgage Guarantee.

Data for loan

In the case of the National Mortgage Guarantee, it is also important that you state which part of the desired amount belongs to Box 3 of the tax. You also need to specify the mortgage interest and the duration of the mortgage, as well as the annual ground rent. You are also requested to state the usual information that is also requested from the lender when you submit a request for a loan. Finally, you are also asked to state the monthly financial obligations.


The maximum amount set by the lender is also determined by various codes of conduct. For this, often use is made of figures released by Minos (National Institute for Budget Information). The Minos is an authoritative institute when it comes to providing information about responsible use of money. Minos does a lot of research into consumer money matters, this institute focuses strongly on consumers, although Minos also has an eye for government professionals, financial and social services. In this way, lenders are in a way obliged to provide you with a suitable maximum amount that is actually justified. In that context you can rely on a logical amount that you will be allocated when you apply for a loan.

Own responsibility

Own responsibility

Ultimately, of course, you are responsible for the loan that you request. It is therefore advisable not to opt for the maximum amount if this is not strictly necessary. Despite the fact that in some cases it can be tempting – because it offers you financial air or can use this as a good investment in your home – to still borrow the maximum amount, it is above all a good thing to always consider potential setbacks. For example, it is not excluded that you become unemployed or incapacitated for work and then a loan can be hard on your stomach.


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