Financing a new kitchen is still an investment today, which can range from the lower to the middle four-digit euro range. It is usually a fitted kitchen that is tailored to the premises in the house or apartment. However, since the financial means are not always available for this purchase, the kitchen loan is a good alternative. The kitchen financing through the furniture store or kitchen studio.
Many retailers from furniture stores to comfortable kitchen studios now offer financing in the form of an installment loan when buying a kitchen, in which the purchase price is repaid in monthly installments. Here, the dealers cooperate with banks, which primarily grant loans for kitchen financing. This is very easy and convenient for the customer because all the formalities are handled on-site.
The loan for the kitchen with or without Credit Checker through an online
Another option for kitchen financing is a loan from your own house bank or an online bank, where you can consider whether it should be a loan for the kitchen with or without a Credit Checker. In this case, since the kitchen can be paid for in cash and a noticeable price reduction is often granted, this type of financing can pay off for the customer.
While there is no alternative, the loan for the kitchen is made through the furniture store or kitchen studio, and there are numerous offers available to customers with their own financing. However, a loan comparison should always be made on the Internet so that the cheapest installment loan can be selected.
The overdraft facility for flexible repayment but with high-interest rates
A new kitchen could also be financed through a disposition loan, or overdraft facility, from your own bank. If this is granted, there is the possibility to overdraw the current account within a limited period. Even if the repayment is quite flexible, the monthly installments can be quite high. With the overdraft facility, however, no major formalities are required and an entry in the Credit Checker is not made here, whereas installment and small loans are noted in the Credit Checker register.
The home loan especially for property owners
The home loan is a cheap alternative to the installment loan, which is, however, specifically intended for people with their own property. If you have a condominium or your own house, you can finance a new kitchen, for example in the form of a housing loan.
Because the residential loan is a low-interest installment loan, in which a land charge is not entered. It is sufficient if the borrower proves that he owns a property using a fee notification or a current land register extract.
In addition, a special repayment is possible at any time with this loan for the kitchen so the borrower remains flexible. If a special repayment is made on the residential loan, the installment can either be reduced or the term of the loan can be shortened.