Borrowing € 100,000 is only possible with very solid guarantees. These guarantees are mainly or the payslip showing, in addition to the income sufficient to pay the loan installment, the existence of a permanent employment contract, and in this case a salary assignment will be used, or could have recourse to a lifetime loan which guarantees the mortgage on a property owned as a guarantee. This last financial product, the annuity loan, is not repayable by payment of installments and therefore will not be examined in this article.
The guarantees available and a compatible income are the key factors for obtaining a loan of 100,000 euros.
Going back to the sale of the fifth, this solution, by itself, is barely viable because the amount of the installment to obtain a net revenue so high is beyond the reach of the vast majority of employees. To sell a fifth of 1000-1200 euros, you should in fact have a net sum of 5,000 – 6,000 euros! The solution to the question is provided by the delegation loan which allows an additional fifth of the salary to be transferred. It should be remembered that the delegated loan (or loan with delegation of payment) does not have the same strong legal character as any employee as the salary assignment.
Below is a table of the possible installment amounts to get 100,000 euros on loan. This is by way of example given the complexity of the transaction, but can give an indication of what this financial commitment will entail.
Ex: 120 month loan