It is difficult to surprise a modern person with anything. And if earlier he could well be satisfied with simple domestic wallpaper with a primitive pattern, today he will need much more materials and specialists for repair. At the same time, they say the truth that, having started the repair, it will be almost impossible to finish.
Therefore, the question of how much can be spent on repairs can be considered a rhetorical one. Everything will depend on the material situation and the needs of citizens. But is it worth taking a loan for repairs in order to satisfy one’s own needs?
Contact Design Office
One of the easiest options for calculating the required amount for the repair of an apartment or house is to contact the design office. Professional designers will take into account all the requirements of the customer, measure the living space and develop an individual layout of the future home, making a detailed estimate for the repair. And with this estimate, you can go to the bank and apply for a loan. That estimate will be material evidence that the borrower is going to spend credit money for repairs. In this case, the targeted loan for the repair of an apartment or house will be as relevant as possible.
However, when applying to a credit organization, you need to remember that with a large loan amount, the borrower must be the full owner of all documents for the apartment or house, because the bank will want to take an apartment or house as a security for collateral. This time, a loan for home renovation as part of a mortgage loan is suitable for him.But these programs are not available to everyone, because they are offered by a limited number of banks. So, for example, a mortgage loan for apartment renovation can be taken from Good Finance.
In this bank you can take a loan
For home repairs for a period of 1-3 years, at 19.5-23% per annum (depending on the amount and term of the loan). In this case, the maximum amount of a bank loan will be up to 50% of the estimated value of the collateral, in which the role of a house or apartment.
In addition, you can calculate the amount that will be needed to pay off repair costs on your own. You can do this in many ways, for example, manually. But for this you will need to spend a lot of time comparing the pricing policy of stores and materials. After a comparative analysis, it will be necessary to make a list of all necessary repairs, indicate the amount of materials and tools used. A table with calculations, if desired, can be done either in writing on a standard sheet of a notepad, or compile a spreadsheet in Excel.
The same thing, but with minimal time
It’s possible to do it using a special program called an apartment repair calculator. This online service will help you calculate the preliminary estimate for the repair of an apartment or house. To do this, set the following parameters:
- Indicate what type of house the dwelling belongs to (panel, monolithic, brick or other houses);
- Indicate the type of premises (apartment, house or office);
- Indicate the class of potential repairs (overhaul, redecoration, reconstruction, etc.);
- Mention the size of the apartment or house (for example, 100 m2).
Then you should indicate the cost of the work of the masters, if you plan to hire a team of workers, use the services of designers, as well as the price of supplies. After that, the online manager will calculate the total cost of the repair. You can download such services on the Internet. Currently, they apply to both desktop computers and tablets, laptops, communicators, mobile phones and smartphones.