Regardless of whether you want to paint your room walls in new colors with a few coats of paint or replace the old carpet in the living room with laminate – with our flexible installment loan you can beautify your home easily and cost-effectively.
In the tax return you can deduct the interest on this personal loan. If you also renovate and convert in a way that preserves value, you can also claim the renovation costs. What does the word “preserve value” mean? This can best be explained using an example: If you replace the old, simple shower in your bathroom with a new model, you can deduct the expenses. However, if you feel like wellness and you choose a luxury shower cabin, this is a value-adding exchange. In this case, the tax deduction is only partially accepted.
Reduce maintenance costs
Do you want to have solar panels installed on your roof? Since the investment will pay off in the future through lower electricity costs, the wish is made for our renovation loan. The same applies if you want to renew the bathroom. With the installation of modern electrical devices and fittings, you will reduce your electricity and water consumption. These measures protect both your wallet and the environment.
Go on the further path of life without financial ballast
Whether you take 6 months or up to 120 months to fully repay your personal loan is entirely up to you. In comparison, you may not pay off a mortgage entirely. This means that this obligation remains with you until you sell your house. However, you must achieve a sales price that is at least as high as the mortgage taken out, which must be repaid immediately.
Renovation completely without increasing the mortgage
Of course, you can have your real estate lon topped up for your construction project. However, the request may result in your financial institution reviewing the entire mortgage and reevaluating the property. In addition, increasing the note is associated with additional expenses. With our affordable personal loan for renovation and renovation work, you remain free and flexible so that you can fully devote yourself to your renovation. You can calculate a number of alternatives on our loan calculator and then apply online.