Home > Salary > Hungary > Loan Servicing Specialist
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Estimated Yearly Salary: 5,440,100 HUF
Estimated Monthly Salary: 453,342 HUF
Estimated Weekly Salary: 104,617 HUF per week
Estimated Hourly Salary: 2,615 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 436,492 HUF
Estimated Weekly Salary: 100,729 HUF per week
Estimated Hourly Salary: 2,518 HUF per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 14,119 USD
Estimated Monthly Salary: 1,177 USD
Estimated Weekly Salary: 272 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 5,440,100 HUF
Estimated Monthly Salary: 453,342 HUF
Estimated Weekly Salary: 104,617 HUF per week
Estimated Hourly Salary: 2,615 HUF per hour
By working as Loan Servicing Specialist a person can save up to 416 USD per month or 4,994 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Loan Servicing Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Food batchmaker (4,047,544 HUF per year, pre-tax.)
Advertising representative (4,267,987 HUF per year, pre-tax.)
Quality analyst ii (7,616,848 HUF per year, pre-tax.)
Payroll accountant (7,936,143 HUF per year, pre-tax.)
Motorcycle service technician (5,237,908 HUF per year, pre-tax.)
Loan Servicing Specialist salary in Hungary
Average Yearly Salary of Loan Servicing Specialist in Hungary is approximately 5,440,100 HUF (14,119 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Servicing Specialist do?
A loan servicing specialist is responsible for managing and overseeing the repayment process of loans. They work in financial institutions, such as banks or mortgage companies, and act as a liaison between borrowers and lenders. Their main duties include processing loan payments, maintaining accurate records of loan transactions, and ensuring compliance with loan terms and regulations. Loan servicing specialists also handle customer inquiries, resolve any issues or disputes related to loan payments, and assist with loan modifications or refinancing requests. They must have a strong understanding of loan products, financial regulations, and excellent communication skills to effectively communicate with borrowers and provide them with accurate information.
Skills: loan servicing, financial institution, loan repayment, customer service, loan management, compliance.
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Specialist make?
Salary details
How much does Loan Servicing Specialist make?Estimated Yearly Salary: 5,440,100 HUF
Estimated Monthly Salary: 453,342 HUF
Estimated Weekly Salary: 104,617 HUF per week
Estimated Hourly Salary: 2,615 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,237,908 HUFEstimated Monthly Salary: 436,492 HUF
Estimated Weekly Salary: 100,729 HUF per week
Estimated Hourly Salary: 2,518 HUF per hour
Last revision of data: 2024-01-05Loan Servicing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,119 USD
Estimated Monthly Salary: 1,177 USD
Estimated Weekly Salary: 272 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Specialist job salary compared to average salary in Hungary.
Comparison shows that a person working as Loan Servicing Specialist in Hungary earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Specialist job salary compared to average salary in Hungary.
Comparison shows that a person working as Loan Servicing Specialist in Hungary earns on average:
0.81 times the average salary (or 81% of average salary).
Is Loan Servicing Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Loan Servicing Specialist?
High salary for Loan Servicing Specialist would be somewhere between 5,984,110 HUF and 7,888,145 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Specialist in Hungary?
Living in Hungary the approximate monthly expenses are: 760 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 5,440,100 HUF
Estimated Monthly Salary: 453,342 HUF
Estimated Weekly Salary: 104,617 HUF per week
Estimated Hourly Salary: 2,615 HUF per hour
By working as Loan Servicing Specialist a person can save up to 416 USD per month or 4,994 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Servicing Specialist
Austria is 41,901 USD
Slovakia is 16,432 USD
Ukraine is 3,172 USD
Romania is 11,671 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Food batchmaker (4,047,544 HUF per year, pre-tax.)
Advertising representative (4,267,987 HUF per year, pre-tax.)
Quality analyst ii (7,616,848 HUF per year, pre-tax.)
Payroll accountant (7,936,143 HUF per year, pre-tax.)
Motorcycle service technician (5,237,908 HUF per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=hungary&job=loan-servicing-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/loan-servicing-specialist-salary-in-hungary-2025.jpg' alt='loan servicing specialist salary in hungary 2025' title='loan servicing specialist salary in hungary 2025' /></a>
Please note:This website offers salary insights for educational purposes exclusively.
Salary details displayed on this website are intended for informational purposes exclusively. Our data is sourced through various inputs and may not always be accurate. Users should verify salary information independently before making financial commitments. The figures listed here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We do not warrant that the data displayed is flawless. By accessing this website, you agree that salary information is presented 'as is' and without assurances.
Salary information displayed on this site is informational only. Our figures are compiled various inputs, but we do not guarantee absolute correctness. Users should always double-check salary details with official resources before making job-related decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any assurances about the completeness of the provided salary data. By continuing to use this site, you agree these terms.