Credit for fitted kitchen

A really chic fitted kitchen with high-quality appliances and lots of storage space is the dream of many consumers. And not only when they are of a more advanced age or when cooking is their great passion. Because once you have seen the possibilities that a custom-made and customized fitted kitchen brings with it, you will not want anything else.

Unfortunately, the desire for such a dream kitchen is not so easy to implement. It can be easily ordered in any kitchen studio. But when it comes to financing, most of them stumble. Because the kitchen dream costs money, a lot of money.

Many thousands of USD have to be raised for a modern fitted kitchen. Most consumers can only do this if they take out a loan for a fitted kitchen. The most varied of options are available for this. We’ll tell you where this works.

The credit for the fitted kitchen through the kitchen studio

The credit for the fitted kitchen through the kitchen studio

The easiest way to get a loan for the fitted kitchen always seems to be through the kitchen studio. After all, they offer suitable financing when you order the kitchen, which includes exactly the loan amount needed for the fitted kitchen.

But as a borrower, you shouldn’t make things too easy for yourself. Even if the loan from the kitchen studio is easy to take out, it has several disadvantages as well as various advantages. This is mainly shown by the fact that no selection regarding the loan offers is available. As a customer and borrower, you only get an offer that does not necessarily have very low interest rates compared to an installment loan. The convenience is therefore paid for with a greater financial outlay.

The credit for the fitted kitchen over the bank

The credit for the fitted kitchen over the bank

It may be better to take out the loan for the fitted kitchen from an independent bank. Here you can compare in peace beforehand. To whom the loan is awarded. When comparing, however, it shouldn’t just be a question of where the lowest interest rates are. The terms of repayment and the amount of the monthly installments are also important. We also recommend paying attention to special repayments. These can be particularly useful for larger loan amounts, as they offer more scope for repayment and may even enable the loan to be paid off early.

On top of that there is the possibility to use the money from the installment loan for a cash payment at the kitchen studio. Many studios offer a cash discount, which can amount to several hundred USD. In this way, savings can be made twice and the repayment of the loan proceeds along the lines that one imagines as a borrower.

The loan for the fitted kitchen through real estate financing

The loan for the fitted kitchen through real estate financing

If the new fitted kitchen comes into a property that is currently under construction, the costs for the kitchen can be used to finance the property. However, if you choose this route, you need to know in good time how expensive your new kitchen will be, since real estate financing will start many months before the kitchen is completed and thus before it is installed.

Again, if you choose this route, you can pay for the kitchen in cash at the kitchen studio and you will most likely be given a cash discount. If it exists and how high it is, must be clarified in advance if necessary.

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