Bankbudgettet

The challenge

To present a detailed overview of your personal economy (present and future) can be challenging. None the less this is exactly what you are asked to do when you want to loan money or get a mortgage for investment in a house, flat or property. In every case, the bank wants to know how you assess and estimate your own economy. What are your expenses, what is your income, how do you spend your money? Based on this information (and other factors) a financial institution can assess your economic situation and whether you will be eligible for a bank loan.

The solution

Instead of dusty Excel spreadsheets and branded bank templates, what if you could type in your budget estimation straight into an application in your browser? This is what the Danish platform Bankbudgettet provides. A user friendly overview for you to type in your expenses and automatically generate a report showing your bank that you are on top of your finances.