Taking out a loan for a horse is certainly a rare occurrence, but horses are more often financed through an external loan from a bank. For this, an installment loan is simply taken out, which does not have to be justified to the bank if the creditworthiness is sufficient. After the loan has been released, the borrower can freely dispose of the respective amount and, if he so wishes, also buy one or more horses from the sum.
The prices for a horse vary enormously
Depending on the occasion and the intended use of the horse. Of course, racehorses are often much more expensive, especially if the muscles are very strong and the horse is in good health. Often, horses are simply bought for their own farm or housed in a separate stable under the care of a groom. So the horses can be ridden by their own children or of course themselves at any time, without the horse having to be taken care of independently on a daily basis.
The loan for the horse should then possibly also include the maintenance costs and the rental costs for the stable at least for a defined period. Of course, if this is not done externally, feed for the horse must also be bought regularly. Depending on the food, there are additional costs for the owner of the horse.
Thanks to a credit for a very special “pet”
Owning your own horse is certainly more than just the dream of countless little girls, because riding such a majestic animal is a very special feeling, which is not easy to reproduce. The loan for the horse ensures smooth and easy financing of the horse, and maintenance costs for the animal can also be covered on request. It should always be borne in mind that with a horse more than just the purchase price is due to the future owner, because such an animal wants to be well cared for and also requires a certain amount of exercise. If this cannot be realized on your own property, the only thing left is to rent an external stable.
For the horse itself, a health check should be carried out in advance by a veterinarian to ensure that the horse is actually in good health. After all, there is hardly a worse feeling for future owners than buying an animal, which will soon become seriously ill. The credit for the horse can also cover the cost of such an inspection, provided that the seller of the horse has not already carried it out anyway. If you plan to ride the horse more often, you should also co-finance the necessary equipment directly with the horse loan. In this way, all costs remain clearly staggered.