A loan for the kitchen is not only requested by home builders. The renovation of the kitchen, the necessary replacement of outdated devices, is currently on the agenda in many households. Of course, nobody wants to process piecemeal in the kitchen. Everything should look neat and fit together. A mixer, maybe even the refrigerator, could still be paid for from the running household budget. A correct energetic renovation, on the other hand, is mostly financed by loans.
The credit for the kitchen – current trends
The credit for the kitchen is currently dominated by consumer wishes. The change in energy policy, in which old kitchen appliances are replaced prematurely, is causing a boom among kitchen builders. Anyone who has to replace practically all devices at the same time, since they have become energy guzzlers, automatically thinks about a fundamental renovation. After all, it is only a small step from device replacement to the new kitchen.
It is not uncommon for the complete kitchen, with energy-saving branded appliances, to be even cheaper than the individual replacement of the old built-in appliances. The decision has been made at the latest when the modern kitchen designs of the model kitchens have worked in the kitchen planning. The old kitchen is coming out, and new kitchen equipment will serve the family over the next twenty years. From the household budget or from savings alone, very few can shoulder such an investment. The question arises about the financing options.
Possibilities to finance the new kitchen:
It is not uncommon for the sellers of the kitchens to offer various payment options. However, manufacturers’ financing should not be accepted uncritically. A credit comparison on the Internet is free, never hurts and can protect against cost traps. Another problem is often the financing period. The manufacturers often only offer comparatively short financing times. The amount of the individual installments quickly exceeds the possible budget.
In addition to the low interest rates, it is not uncommon for internet providers to score points for credit for the kitchen. A kitchen is a long-term investment. The period of use increases in line with the quality, but the price also increases. A long-term financing period enables repayment in small installments. Even a high-quality fitted kitchen is affordable. The personal taste when choosing a kitchen is significantly expanded.
Maximum terms for a kitchen loan
With a credit period of 60 months, practically every kitchen dream can be fulfilled. The mentioned 5-year repayment period is possible even with smaller loan amounts, up to 5000 USD. If the financing requirement is higher, some providers even offer up to 84 constant monthly installments.
Online consumer banks do not allow themselves so much time to pay out loans. As a guideline for the availability of the money can be accepted about 1 week after receipt of the application. The loan for the kitchen from the Internet is always paid out faster than the delivery is expected.