Can I borrow without contribution?

The real estate market is now favorable for the acquisition of a property. Indeed, the fall in prices that began in 2011 is still continuing in 2015. Historically low rates are all good conditions for investing in real estate.

If one can buy without contribution, it remains, nevertheless, one of the determining elements to profit from the best rates.

What is a personal contribution?

What is a personal contribution?

The personal contribution is the part of available money which you have and which you will use for your real estate project.

It comes from your savings (personal savings, employee savings, inheritance received, donation) but can also come from the sale of a previous property. In general, the banks request a contribution of 10% of the total amount of the project. This contribution is used to cover the various costs such as the fees of notaries, agency, guarantee, file.

It represents for banking organizations a good indicator of your ability to manage your budget and therefore to repay your mortgage.

How to build a personal contribution?

How to build a personal contribution?

Building up regular savings makes it possible to limit any jump in charges between your current rent and the new monthly payment.

Different solutions allow you to increase your personal contribution:

  • Regular personal savings on more specific passbooks or accounts. These allow, under certain conditions, to obtain a state premium and attractive rates.
  • Employee savings which, by paying regular or punctual savings (profit-sharing, profit-sharing, etc.), benefit from a contribution from the company.
  • A family donation

Can we borrow without contribution?

Can we borrow without contribution?Can we borrow without contribution?

If most banks require a contribution, some banks finance the entire project and fees: this is called 110% financing.

Some banks may consider complementary loans, the employer’s 1% as a contribution. Without intake does not mean disadvantageous conditions either.

In fact, depending on your resources, you can benefit from a loan at an attractive rate, giving you the possibility of benefiting.

Other banks, if you are considered to be a first-time buyer, offer you first-time buyer benefits: reduction in application fees, part of financing at a preferential rate, etc.

With or without contribution, it’s time to build your heritage in good conditions.

Loans for private individuals – from small loans to real estate financing

From small loans to real estate financing

From small loans to real estate financing

When private individuals take out loans, this can have a variety of reasons and the requirements for the form of loan are correspondingly different. There are different amounts of credit and the way of payment and repayment differs; both can happen in one fell swoop or at pre-determined rates.

Dedicated loans

Dedicated loans

Some may just want to finance a new kitchen appliance or a vacation, which is easily possible with a small loan . Others have bigger plans and want to build an entire house, for which they need a real estate loan. Ideally, a home savings contract already exists.

This is earmarked financing , similar to a car loan. The borrower pays off a specified type of property, while with a classic purchase and installment loan, he has complete freedom of choice as to what happens to the money made available. From a substantive point of view, he has complete power.

Auto loans can also look different. Balloon financing and three-way financing differ from the usual installment payments. Car dealers also often make their own financing offers, the advantages and disadvantages of which should be weighed up. Couple in the car dealership.

Variable payout

Variable payout

There are also loans that are used over a longer period of time in certain life situations. A classic example of this is the education loan. Educational loans are granted by various financial institutions as well as the state Copy Lender Bank for study and other training situations. The payment is not made in one go, but monthly. The interest rate is relatively low.

On the other hand, if you need a full loan amount as quickly as possible, you can apply for an instant loan . Most of these are online offers from direct banks. The disadvantage is that extensive advice from the bank is not required, which is usually part of the lending process.

Calculate and compare credit

Calculate and compare credit

In cooperation with our partner Good Lender, we offer you the opportunity to first calculate your monthly rate based on your desired loan amount and term. You can then submit a serious loan request and also apply for the loan directly.

How to Apply for a Credit Card Cash, Terms and Risks

Credit card cash is a facility provided to credit cardholders to borrow a sum of money sent to a savings account. These loan funds come from credit card limits. Generally, banks set a maximum of funds that can be disbursed as cash is 50 percent of the remaining limit.

Because, the submission process generally only requires credit card information, such as credit card numbers and names according to the card, it does not require a lot of documents.

The cash disbursement process was quite fast, which ranged from 1-2x 24 hours after the application was approved. The higher the credit limit, the greater the cash loan that can be used. Meanwhile, loan tenors start from 3-36 months.

How to withdraw a credit card limit into funds or cash loans

How to withdraw a credit card limit into funds or cash loans

Cash is often also referred to as a loan on phone. Because this facility is usually offered by banks by telephone to selected customers. Those who rarely use credit cards or passive credit card users will usually get this offer more often.

Even so, don’t worry if you never get this offer. You see, you can still apply for a loan or withdraw a credit card limit. Here’s how to withdraw a credit card limit at several well-known banks in Indonesia.

Conditions for applying for a credit card cash withdrawal fund

First, of course, you must have a credit card with a cash withdrawal facility. Next, you must have a savings account at the same bank as a credit card account. Therefore, loan funds will be transferred to the account.

Even if the cash withdrawal application does not require a number of required documents, it does not mean that the bank will immediately approve your request.

The bank will still see the credit history of the credit card owner. If you are often in arrears to pay installments or even get blacklisted, this credit card loan application is definitely rejected.

Finally, the credit card you have must be a person, not a corporate credit card.

Interest and loan costs for credit card cash withdrawals

Interest and loan costs for credit card cash withdrawals

To enjoy credit card cash, you must pay interest fees and service fees. The fee varies depending on the type of credit card and tenor and the loan limit proposed.

In general, credit card cash withdrawal funds range from 0.99-1.5 percent flat per month. Using a flat interest system is actually less profitable for customers. Therefore, the large interest will remain until the end of the installments even though the loan principal has been reduced.

Meanwhile, if you use an effective interest system, the interest on cash withdrawal loans is equivalent to 20-27 percent per year. In this scheme, interest will decrease as the remaining loan is reduced.

In addition to interest, customers will also be charged administrative fees or service fees. The amount depends on the loan limit, ranging from USD 150-300 thousand or up to 1 percent of the loan amount.

How to pay a credit card cash withdrawal loan


Cash withdrawal bills will be included in credit card bills in installments. That way, customers will pay credit card installments and loan installments. So, how to pay credit card loans is the same as paying credit card bills in general.

But remember, if the loan is paid off early or before the installment period ends, you will be charged the remaining installment interest and penalty fees, starting from USD 100-300 thousand.


Indeed, it’s okay to take advantage of the credit card cash feature. Especially if there is an urgent need when not having adequate funds. But, making credit card loan facilities as a reserve fund is certainly not good for financial conditions.

But if there is no other choice but to use this loan feature, make sure you already have a plan for using funds and installment payments. So, don’t worry when the bills come.

Subsidized loans: for easier home ownership

Being first-time buyers with modest incomes, it is completely normal that your personal contribution is limited within the framework of a loan.

Likewise, if you aspire to become a homeowner two years after the sale of your previous home. Receiving subsidized loans can unlock a homeownership project.

Assisted borrowers ready to become homeowners

Assisted borrowers ready to become homeowners

In its study “social access to property” of October 2015, Good Credit indicates with regard to first-time buyers that “the role of subsidized loans is particularly important for these households insofar as these financings allow them to jump the step of accession ”.

The number of loans granted has only increased since the start of the year. And the subsidized loans have something to do with it: the current policy of the banks is in favor of first-time buyers.

Subsidized loans adapted to each situation


Whatever your socio-professional condition, a subsidized loan can potentially be granted to you. Among them are:

  • Social accession loan (PAS) : approved by the State, it allows modest incomes to finance the purchase or construction of new housing (including land), the purchase of old housing or work to improve housing or save energy (at a minimum cost of USD 4,000). It can allow total funding, so it is not always necessary to have a personal contribution.

  • the zero-rate loan (GFI): it is intended for first-time buyers, is subject to means conditions and is variable depending on the area where the operation takes place. The accommodation purchased must be new except for a few exceptions. Note that the government expanded the criteria for obtaining GFI since 1 January 2016. The funding is partial and often needs to be complemented by other real estate loans and or personal contributions.
  • civil servant loans : some banks have agreements with public service mutuals. Their customers, if they are civil servants and members of one of these mutuals, can benefit from cheaper loan insurance and a guarantee provided by the mutual in question. This avoids the mortgage (more expensive). The borrowing conditions remain the same: the loan rate, the amount and the duration of repayment do not change, whether one is a civil servant or not.
  • the 1% employer loan: it is offered for employees or retirees of less than 5 years in a company with more than 10 people, and more specifically for first-time buyers and professionals on the move. It can help finance the acquisition of land or old housing without work, the construction of housing or rehabilitation, development or enlargement works. As with the GFI, the 1% employer loan is not your main loan and needs to be accompanied by other funds.

Also note that the GFI (Housing Savings Plan) and the GC (Housing Savings Account) serve the same purpose as assisted loans: to promote homeownership.

They allow this by building up savings which will then be used to borrow. This allows to have a larger personal contribution at the time of signing the loan.