So much saved these Good Finance users

Users who have saved money, In this post we have collected 4 concrete examples of users who have saved a lot of money by using Good Finance. The users are anonymous and replaced with fictitious names, but the examples are real.

From several loans to a single loan

From several loans to a single loan

Anders and Line had a debt of SEK 185,000 distributed among several creditors and with an average APR of 20%. The maturity was 10 years. If they had continued with the same APR, they would overall have to pay approx. DKK 400,000 including interest and taxes

They chose to make an application of DKK 185,000 over 10 years via Good Finance, where they receive offers from several banks. They accepted a loan with an annual percentage rate of charge (APR) of 7.95%, which means that together they end up having to pay approx. This means that they end up saving about SEK 140.00 by collecting several expensive small loans via Good Finance.

Saved money by refinancing

Dorte and Lars have a loan of SEK 250.00 with a maturity of 7 years and an APR of 7.35%, which means that together they end up having to pay around DKK 320,000 including all interest and taxes before their loans are paid of.

They were convinced that they had a sensible APR on their loans. However, they chose to make an application via Good Finance to see if they could get a better offer with a lower interest rate. They received offers from several banks and accepted a loan offer of DKK 250,000 with a maturity of 7 years and an APR of 5.19%. This means that together they end up having to pay approx. SEK 300,000 for the loan, which is a saving of approx. DKK 20,000 just by examining the market.

See how much you can save Fill only one application and receive offers from several banks. Free and no obligation application now

Should borrow SEK 65,000.

money

Good Finance had to borrow DKK 65,000 for a “new” used car. In this connection, he examined the possibilities for financing, so he made an application via Good Finance of SEK 65,000 over 6 years. He received offers from several of the banks and ended up accepting the cheapest. Below is the difference between the cheapest loan offers that Good Finance chose and the most expensive.

The most expensive offer

  1. Loans: SEK 65,000
  2. OPEN: 13.75%
  3. Maturity: 6 years
  4. Total amount to pay back: Approx. 95.000 kr

The cheapest Good Finance chose

  1. Loans: SEK 65,000
  2. OPEN: 9.9%
  3. Maturity: 6 years
  4. Total amount to pay back: Approx. ISK 86,000

By choosing the cheapest loan offer, Good Finance saved a total of DKK 9,000 and received a significantly lower monthly payment on its loan

Also read This loan purpose was the most popular in 2018

Loans for deposit and new furniture

money

Peter and Mette needed to borrow SEK 70,000 to pay the deposit for the apartment they were moving in. They had already talked to their current bank, but were not completely satisfied with their offer. Therefore, they chose to make an application via Good Finance.

They thanked yes for the cheapest loan offer of DKK 70,000 over 5 years and with an APR of 8.41%. Compared to the most expensive loan offers, they saved DKK 9,000 in interest and taxes.

Below is the difference between the cheapest and most expensive loan offers they received.

The most expensive loan offer

  1. Loans: SEK 70,000
  2. OPEN: 12.14%
  3. Maturity: 5 years
  4. Total amount to pay back: Approx. 94,000 kr

The cheapest they chose

  1. Loans: SEK 70,000
  2. OPEN: 8.41%
  3. Maturity: 5 years
  4. Total amount to pay back: Approx. 85,000 kr

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