Before approving monthly rent, MYRENTA checks that the repayment fits your income so you're not stretched every month.
If you're employed
Your monthly repayment should be no more than 40% of your net monthly income.
If you're self-employed
Your average monthly money coming in, shown on your bank statements, should be at least 2.5 times the monthly repayment.
How to prepare
Have six months of bank statements ready, make sure the name on them matches your profile, and use the in-app checklist to see what else you need.