Loan for a kitchen

Loan for a kitchen

Borrowing money for a kitchen is possible at Creditomor. With a Personal Loan or Continuous Credit. At a competitive interest rate and with interest deduction. We provide tailor-made loan advice based on your personal situation. So you know exactly where you stand and you can enjoy the new kitchen without worry. Discover everything about the different options here.

Personal loan for a kitchen

Personal loan for a kitchen

A Personal Loan is the most chosen loan for a kitchen. The interest on the loan is tax deductible. This tax benefit only applies to a Personal Loan that is used for the renovation or improvement of a house for sale.

A Personal Loan is useful if you know well how much the kitchen will cost. With this loan you can borrow exactly the amount you need. The interest is fixed and you pay a fixed amount in interest and repayment every month.

Interest rates Personal Loan

The costs of a Personal Loan are based on your personal situation. The fixed interest rates for a Personal Loan from Creditomor are:

  • With a Personal Loan the minimum duration is 6 months and the maximum duration is 120 months.
  • The minimum interest rate is 4.2% and the maximum statutory interest rate is 14%.
  • There are no additional costs.

Continuous Credit for a kitchen

Continuous Credit for a kitchen

If you do not yet know exactly how much the renovation will cost, you can opt for a revolving credit. Such a credit gives access to a maximum amount, you determine exactly how much you withdraw each time. You can always withdraw repaid amounts. Handy if you want to tackle other odd jobs around the house in addition to a new kitchen. Please note: the interest on a Revolving Credit is not deductible.

Interest Rates Ongoing Credit

The costs of a Continuous Credit depend on the amount of the credit limit. The monthly repayment of the Revolving Credit is a percentage of the credit limit, 1 to 2%. The interest on the revolving credit is variable. You only pay interest on the outstanding balance. The variable interest rates for a Revolving Credit from Creditomor are:

  • With a Continuous Credit the minimum duration is 1 month. The maximum duration depends on the interest, extra repayments and extra withdrawals.
  • The minimum interest rate is 4.5% and the maximum statutory interest rate is 14%.
  • There are no additional costs.

Loan or mortgage?

Loan or mortgage?

New house

When you buy a house, you can sometimes finance the new kitchen with the mortgage. But often you are dependent on an additional loan. Because as of 2018, the bank may finance a maximum of 100% of the home value . Fortunately, a credit is not necessarily more expensive. A loan is often even cheaper than raising your mortgage. If you co-finance a new kitchen, the mortgage becomes higher while the value of the home remains about the same. This often results in a higher interest rate for the full mortgage. The interest rate of a loan is often slightly higher than that of a mortgage, but due to the shorter duration of the loan, the total costs are usually lower. Therefore, be well advised and discover what is the best option for you.

Current housing

If you want to replace your current kitchen, a mortgage becomes less and less interesting. Certainly if you need less than € 25,000. Borrowing money for the kitchen is then a better option. Financing a kitchen with a loan is then almost always cheaper than a second mortgage. This is due to the high consultancy, appraisal and notary fees for a second mortgage. These sometimes run up to € 2,500. So always be well advised and compare the different options.

Buy kitchen by installment: pay attention!

Buy kitchen by installment: pay attention!

When purchasing a new kitchen, many kitchen sellers offer the option of arranging financing through them. That means that they order the kitchen for you, after you agree to the quote, and that you then pay the kitchen in installments afterwards. Purchase by installment. Always pay attention, as this is often an expensive form of borrowing money. Favorable conditions expire at a certain time and the calculated interest for installment payments is often a lot higher than financing the kitchen with a loan. So read the fine print carefully, get good advice beforehand and put all amounts together. With us you borrow at a low interest rate and we have no hidden costs that you will be confronted with afterwards.

Borrow money for kitchen

Borrow money for kitchen

We are happy to help you with a responsible loan for your kitchen. Simply submit a request online and we will contact you within 24 hours for a free consultation. Borrowing with advice is no more expensive than borrowing without advice. It was not. By starting a conversation, we know what benefits we can offer you based on your personal situation. And that goes further than just a competitive interest rate. You can also save money thanks to good conditions. And we take care of that.


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