Loan Assistant salary in Luxembourg

Average Yearly Salary of Loan Assistant in Luxembourg is approximately 59,586 EUR (59,716 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 Assistant do?

A loan assistant is responsible for providing administrative support to loan officers and ensuring smooth operations within a lending institution. They assist in the loan application process by collecting and verifying financial information, preparing loan documents, and coordinating with clients to gather necessary documentation. Loan assistants also maintain loan files, update databases, and track the progress of loan applications. Additionally, they may communicate with customers to answer inquiries, resolve issues, and provide updates on loan status. Strong organizational skills, attention to detail, and knowledge of loan procedures are essential for this role. Loan assistants typically work in banks, credit unions, or other financial institutions.

Skills: Loan Assistant, Administrative Support, Loan Application, Financial Documentation, Customer Service, Loan Processing.
Job industry: Banking

How much does Loan Assistant make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Loan Assistant a well paid job?

No, our data shows that Loan Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Loan Assistant?

High salary for Loan Assistant would be somewhere between 65,545 EUR and 86,400 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Assistant in Luxembourg?

Living in Luxembourg the approximate monthly expenses are: 3,648 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: 59,586 EUR
Estimated Monthly Salary: 4,966 EUR
Estimated Weekly Salary: 1,146 EUR per week
Estimated Hourly Salary: 29 EUR per hour
By working as Loan Assistant a person can save up to 1,328 USD per month or 15,940 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 Luxembourg, see costs of living in Luxembourg.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Belgium, Germany, France.
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 Assistant

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Luxembourg

Data as of 2025

Random salary:
Management accountant (96,271 EUR per year, pre-tax.)
Youth worker (37,399 EUR per year, pre-tax.)
Pharmacist intern (54,674 EUR per year, pre-tax.)
Registered nurse (rn), utilization review (ur) (123,266 EUR per year, pre-tax.)
Bank vice president (vp) (90,198 EUR per year, pre-tax.)

Feedback about these results