Calculating your loan capacity
Calculating your loan capacity
If you want to calculate your investment capacity, find yourself a worksheet and a calculator and follow these steps:
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1- Add up your annual income in gourde by indicating the following amounts:
salaries, retirement bonuses, invalidity, professional income, pensions, possible allowances, income from life annuity or distribution sicav, rents for rented apartments, alimony, family, housing
What is the amount of your available savings
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2- Add in gourde the amount of your current account (s) and the amount of your savings account (s) by indicating the following amounts:
Life insurance, bank shares, others.
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3- Add in gourde the monthly / semi-annual / annual amount of your expenses by indicating the following amounts:
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- Your rent and household charges (air conditioning, electricity, gas, water, maintenance, repair, small staff, your fixed and mobile phone package plus internet.)
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- your insurance (multi-risk, home, auto, motorcycle, health, mutual, death, school)
- The amount of your loans ( real estate, consumer, personal revolving documents)
- The amount of your taxes( on income, premises, TV license, others)
- The amount of your regular expenses (shopping (food, maintenance), clothing, pension paid, children, doctor, pharmacy)
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- The amount of your financial debits( cash withdrawals, bank charges, savings)
- The amount of your Leisure expenses (restaurant, cinema, internships, subscription, records, holidays)
- The amount of your other expenses (all those that you have not yet calculated during the process)
Part 1 will give you TOTAL OF YOUR REVENUES
Part 2 will give you the TOTAL OF YOUR SAVINGS
Part 3 will give you the TOTAL OF YOUR EXPENDITURE
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With the calculations done, you now have an idea of your loan capacity so you can determine the percentage to lend.
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Do you want to lend your money efficiently?
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