Borrow money for a dormer
You can apply for a personal loan or a revolving credit through us. If you want to purchase a dormer window once, a personal loan may be the best option. If the dormer window is part of a complete renovation that takes longer, then a revolving credit is a better option. We are an independent party and mediate for you between various lenders.
A personal loan to finance a dormer window
Do you want to receive a one-off amount and repay it monthly at a fixed interest? Then a personal loan is a good option for your situation. A personal loan is often applied for to make a large purchase, such as a dormer window. With a personal loan you know where you stand. The loan amount, the interest and the repayment period are determined in advance: this prevents surprises afterwards.
Are you using a personal loan to renovate your own home? Then you can deduct the interest from the income tax. The option to deduct interest is only possible with a loan where you pay off part monthly. This is the case with a personal loan, but not, for example, with a revolving credit.
A revolving credit for your renovation
If the installation of a dormer window is part of a larger renovation, a revolving credit can offer a solution. A revolving credit has no fixed term and thus offers the possibility to withdraw a sum of money over a longer period. This offers a solution, for example, when you are in a renovation for a longer period and need a loan amount every month.
The interest on a revolving credit is calculated on the outstanding amount. The monthly amount that you pay for a revolving credit consists of interest and repayment. The interest on a revolving credit is variable.