Borrow 50,000 euros?


People who want to finance large purchases or projects can borrow 50,000 euros from various financial providers. The banks use a variety of interest rates when granting a loan. The lenders base themselves, among other things, on the purpose of the loan. Borrowing 50,000 euros for, for example, the purchase of a new car is in most cases more expensive than borrowing the same amount for the installation of solar panels. Borrowing 50,000 euros with a personal loan is one of the most expensive solutions on the market.

Calculate fixed interest rate

Calculate fixed interest rate

Although the lenders look much further than the project to be financed. The amount and duration of the loan are also crucial for the lender. Those applying for a loan can usually choose how much they want to borrow and how long the loan period runs. Although the lenders must adhere to a number of limits. The term for a loan of 50,000 euros may never exceed 240 months. The higher the amount and the longer the loan period, the greater the chance that the lender will adjust the fixed interest rate, or the annual percentage rate of charge (APR). That percentage includes all the costs involved in a loan. For most installment loans, the cost percentage is exactly the same as with the fixed interest.

Only those who take out a mortgage loan will see a difference between the fixed or variable interest rate and the annual percentage rate of charge. After all, a mortgage loan is associated with extra costs such as insurance costs and administration costs.

Restrict monthly repayments

Restrict monthly repayments


Because the borrower can choose the loan period himself, he can determine how large the monthly repayments are. The longer the loan period, the less heavy the monthly repayments on the family budget. Although that can translate into a higher percentage of costs. Thanks to the simulation on our website you can check how big the impact of your decision is. By playing with various scenarios you can find out which solution suits you best.

In addition, you can find out at a glance which is the cheapest lender. We have put all lenders in clear lists per loan type. For example, you can see from whom you can take out a cheap car loan, green loan or personal loan.

Borrowing money is not free either way

Borrowing money also costs money! Keep in mind that borrowing 50,000 euros for free is therefore usually a utopia.

Concrete example: The fixed annual cost percentage (APR): 6.99% (fixed annual actuarial lending rate: 6.99%), for an installment loan of € 7,300 with a term of 42 months. The monthly repayment will be € 195.72 for a total repayable amount of € 8,220.24. The fixed annual cost percentage can vary depending on the credit amount, the duration of the credit contract, the withdrawal modalities or the chosen payment modalities. Installment loan for private individuals, subject to acceptance of your file and mutual agreement. Interest rates and product conditions change regularly. Because reliable comparisons are only possible on the basis of current data, the product information (such as interest data) that we provide is often updated daily, or as often as necessary. Belial itself is neither a credit broker nor a lender.

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