Borrow with confidence
"},"icon":{"transformBaseUrl":"https://assets.ing.com/transform/3595e886-8fed-4e09-9b3c-a3bfb424a8bc/Multimedia-Video_Quality_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/145d0eb66bbdbc37/original/Multimedia-Video_Quality_Outline.svg","extension":"svg"},"paragraphs":[{"componentType":"paragraph","richBody":{"value":"During your application, we'll review your information and perform a few thorough checks. This will help us determine if the amount you'd like to borrow is realistic and sensible.
"}}]},{"title":{"value":"Fixed monthly repayments
"},"icon":{"transformBaseUrl":"https://assets.ing.com/transform/93160bf2-e0a9-463b-a803-c9bed727257d/Transactions-Transfer_Out_Euro_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/36a20623fa4c307f/original/Transactions-Transfer_Out_Euro_Outline.svg","extension":"svg"},"paragraphs":[{"componentType":"paragraph","richBody":{"value":"The purpose and amount of your loan, home ownership and your risk profile determine the fixed interest rate on your personal loan.
"}}]},{"title":{"value":"On good terms
"},"icon":{"transformBaseUrl":"https://assets.ing.com/transform/5088d817-3e5e-4106-866e-bc520fbd75fc/Feedback-Thumbs_Up_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/7a2e6a3256ab6223/original/Feedback-Thumbs_Up_Outline.svg","extension":"svg"},"paragraphs":[{"componentType":"paragraph","richBody":{"value":"You can always make extra payments without any penalty. You can also extend your loan term or borrow more.
"}}]}]},{"componentType":"sectionTitle","title":"How do I apply for a car loan?"},{"componentType":"applicationProcess","steps":{"title":"Get a loan in 3 steps","stepList":[{"title":"Explore your options","body":"Fill out our loan guide to get an indication of the interest rate and costs. Please review all the information carefully.","textLink":{"url":"/en/personal/loans/what-does-borrowing-cost","text":"Get a cost estimate"}},{"title":"Request a quote","body":"If you'd like to know exactly how much your loan will cost and how much you can borrow, request a free quote. No strings attached.","textLink":{"url":"https://mijn.ing.nl/banking/loans/personal-loan-apply","text":"Apply for a personal loan"}},{"title":"Agree to the terms","body":"If you accept our offer, let us know in My ING and send us the required documents (if applicable). We usually open your loan immediately afterwards."}]}},{"componentType":"sectionTitle","title":"Frequently Asked Questions"},{"componentType":"accordion","accordionList":[{"title":"Do you get a BKR registration with a loan?","richBody":{"value":"We report the conclusion of a Personal Loan to the Credit Registration Bureau. This is a positive registration.
"},"textLinks":[{"url":"/particulier/lenen/informatie-over-lenen/bkr","text":"More about BKR"}]},{"title":"Turning 70 soon?","richBody":{"value":"A Personal Loan must be fully repaid by the time you turn 75. Are you almost 70 years old? Then the term is therefore a maximum of 84 months.
"}},{"title":"Does ING give advice?","richBody":{"value":"
ING does not provide advice. You assess for yourself whether the product meets your wishes, needs, and personal situation and whether you choose this product.
"}},{"title":"What are the pros of taking out a personal loan for a car?","richBody":{"value":"Borrowing money for a car with a Personal Loan has the following advantages:
Borrowing money for a car with a Personal Loan has the following disadvantages:
With a Personal Loan, the loan amount, term, and interest are fixed when you take out the loan. You can use the loan for part of your financing or to pay for the (electric or plug-in hybrid) car in full. It does not matter whether it is a new or used model, you are completely free in that.
The fixed interest rate for a 100% electric or plug-in hybrid car is lower than the interest rate for a car loan that is not (fully) electric.
Have you ever thought about an electric car? Or do you think, for example, that the costs are too high? Driving electric has advantages and disadvantages, depending on your personal situation. Check now and see if driving electric suits you too (Dutch only).
"},"textLinks":[{"url":"/en/personal/loans/your-goals/financing-an-electric-car","text":"Read more about financing an electric car"}]},{"title":"How does a car loan work?","richBody":{"value":"Before you make an appointment with the car dealer or current owner, you want to know in advance what to expect.
Can't or don't want to pay for your new car entirely with your savings? Then you can consider borrowing money for a car. With a Personal Loan, you can bring forward the purchase of the car and increase the purchase budget.
You can finance a car in different ways. A Personal Loan or by purchasing the car through private lease. Note: for both options, you enter into a long-term payment obligation. The big difference between these options is that the car is yours with a Personal Loan, not with private lease.
"}},{"title":"How much can I borrow for a car?","richBody":{"value":"
ING offers Personal Loans for loan amounts between €2,500 – €75,000. Let's see if you can borrow your desired amount in your situation.
"}}]},{"componentType":"sectionTitle","title":"What does a Personal Loan for a car cost?"},{"componentType":"paragraph","richBody":{"value":"Below you see the maximum costs (the highest interest rates) and the minimum costs (the lowest interest rates) for a Personal Loan with the loan purpose 'car'. Want to know exactly how much you have to pay with us? Then request a non-binding quote.
"}},{"componentType":"paragraph","richBody":{"value":"The highest interest rates for personal loans (Please note your actual interest may be higher!)
Total credit amount | Loan/terms in months | Fixed debit interest rate | Annual Percentage Rate (APR) | Total repayment amount (monthly) | Total cost |
|---|---|---|---|---|---|
| € 2.500 | 60 | 11,6% | 15,1% | € 54,39 | € 3.263,40 |
| € 5.000 | 60 | 11,2% | 13,0% | € 107,89 | € 6.473,40 |
| € 10.000 | 60 | 10,5% | 11,4% | € 212,63 | € 12.757,80 |
| € 15.000 | 60 | 10,0% | 10,6% | € 315,50 | € 18.930,00 |
| € 25.001 | 60 | 9,8% | 10,2% | € 523,65 | € 31.419,00 |
| Provider | ING Bank NV, Bijlmerplein 888, 1102 MG Amsterdam | Trade register Amsterdam nr. 33031431 |
The lowest interest rates for a personal loan (Please note your actual interest may be higher!)
| Total credit amount | Loan/terms in months | Fixed debit interest rate | Annual Percentage Rate (APR) | Total repayment amount (monthly) | Total cost |
|---|---|---|---|---|---|
| € 2.500 | 60 | 10,0% | 13,5% | € 52,58 | € 3.154,80 |
| € 5.000 | 60 | 9,4% | 11,2% | € 103,82 | € 6.229,20 |
| € 10.000 | 60 | 7,5% | 8,4% | € 199,18 | € 11.950,80 |
| € 15.000 | 60 | 6,6% | 7,2% | € 292,85 | € 17.571,00 |
| € 25.001 | 60 | 6,4% | 6,8% | € 485,85 | € 29.151,00 |
| Provider | ING Bank NV, Bijlmerplein 888, 1102 MG Amsterdam | Trade register Amsterdam nr. 33031431 |
Annual Percentage Rate (ARP). This annually calculated percentage consists of the interest you pay for the loan plus any related costs. An ING loan requires an ING current account. When you take out a personal loan and open a current account, you can choose our orange package (OranjePakket), which includes My ING and the free mobile banking app. You can choose not to use your debit card for ATMs.
Total repayment amount (monthly). The interest plus loan repayment combined make up your total monthly repayment amount.
The total amount to be paid (total cost)
For personal loans, this is the total amount of interest and loan repayments you'll be making.