What are the ‘kosten koper’ (buyer costs)?

The ‘kosten koper’ include all additional costs fort he purchase of a home. You used tob e allowed to co-finance these costs in the mortgage, but this is nog longer possible. What costs are these then? Think of: transfer tax (2% of the purchase price), NHG costs (0.6% of the purchase price), costs for taking out the mortgage, appraisal costs and notary costs. All costs related to the application for the mortgage are taks deductible. Costs for the home, such as transfer taks, are not deductible!

How much of my own money do i need to apply for a mortgage?

It is no longer possible to co-finance the ‘kosten koper’. As a result, you now always need your own money if you want to buy a house. This is Around 4-6 percent of the purchase price.

Can i get a mortgage without a permanent contract?

There are certainly possibilities to get a mortgage even without a permanent contract. The first option is a letter of intent. With this, the employer indicates that a permanent will be offered unconditionally at the end of the annual contract. The bank sees this as a permanent contract.

Didn’t get a letter of intent? But do you still have an annual contract? If you have been working for the same employer for more than two years, you can use the UWV verzekeringsbericht. This will then determine your annual income. Aren’t you working for the same employer for two years or do you have a zero-hours contract? In this case we’ll look at the average income of the past three years.

There are of course many more possibilities, think for example of the flex worker who works through an employment agency. For this target group there is a so-called perspective statement.

Can I Get a Mortgage With a Benefit?

This varies greatly per type of benefit, the most important thing is that it is not a temporary benefit. So, for example, a WW benefit is of a temporary nature. With a WW benefit you can therefore not get a mortgage.

The IVA benefit is fixed, it is therefore possible to get a mortgage. The same applies to the Wajong benefit, but this benefit is rather dependent on the personal situation. So the amount of the mortgage can vary greatly per individual.

Can I Get a Mortgage With A BKR Registration?

Yes, this is possible, only the BKR registration is included in the assessment for the amount of the mortgage. In practice, this can mean that you can borrow considerably less. But this doesn’t always have to be the case. That is why it is important to be informed about this personally.

What Is A Linear Mortgage?

With a linear mortgage, the entire mortgage is also paid off within 30 years. However, no fixed amount is collected from the account here. At the start, the costs are higher, but after about 17 years the monthly costs are lower than with an annuity mortgage.

What Is An Annuity Mortgage?

With this form, as long as the interest is fixed, a fixed monthly amount is debited from the account. This amount includes interest and repayment and within 30 years the mortgage is fully repaid.

Can I Combine Both Mortgage Types?

Yes, you can! A combination of the two forms can be interesting. In such a case, an annuity mortgage can be taken out for 60% of the loan amount and a linear mortgage for 40%. A characteristic of this combination is that the housing costs after tax deduction remain virtually the same during the term.

What Is An Interest-Only Mortgage?

The word says it all. With an interest-only, you do not pay anything off, but you only pay interest on the amount of the mortgage. This is often chosen to keep the monthly costs as low as possible. The risk is of course that if you sell your house you have a residual debt left over because the amount of the mortgage will not be lower.

What Is A Bank Savings Mortgage?

With this type of mortgage, money is deposited into a blocked bank savings account. At the end of the term, this money is released to repay the mortgage debt. The mortgage debt therefore remains the same until the end of the term and the interest on a homeownership debt is deductible. That is why this type of mortgage involves the maximum mortgage interest deduction during the term. This type of mortgage may no longer be taken out with new mortgages.

What Is A Savings Mortgage?

With a savings mortgage, nothing is repaid during the term, making this beneficial for the mortgage interest deduction. At the end of the term, the savings insurance is paid out and the mortgage is repaid. In this form, the interest to be paid is equal to the interest to be received. So if interest rates rise, the deposit will fall. An advantage of this is that monthly payments are less affected by interest rate fluctuations. This type of mortgage may no longer be taken out with new mortgages.

What Is An Investment Mortgage?

In this form, money is deposited via an investor account. As the name suggests, there is no certainty about the amount to be built up. There is a lot of freedom, but the value can fluctuate and therefore there is no guarantee that the mortgage will be repaid at the end of the term. Here too, the debt remains the same. As a result, as long as there is a right to it, there is the maximum mortgage interest deduction. A disadvantage is that the accumulated power is taxed in Box 3 . This type of mortgage may no longer be taken out with new mortgages.

What Is A Life Mortgage?

This is a form of mortgage in which some people wonder whether it is not a usury policy. The payment of the capital insurance takes place at the end of the term. As a result, you benefit from maximum interest deduction.
Under certain conditions, the insurance falls into Box 1, so you do not have to pay capital return tax on the value. The final return depends on the investment result and the cost structure. This type of mortgage may no longer be taken out with new mortgages.

What Is National Mortgage Guarantee (NHG)?

With the National Mortgage Guarantee (NHG) you have a safety net if you can no longer pay your mortgage due to circumstances. Or if a residual debt remains after the sale of your house. This is often not the main reason for many home buyers to choose NHG. Because the risk for the bank is lower, after all, there is a safety net in case you cannot pay the mortgage, they give a lower interest rate on a mortgage with NHG. Nhg does have conditions attached to it. For example, the maximum purchase price may not exceed 355,000 and the entire mortgage must be repaid (linear or annuitaïr). Furthermore, 0.6% of the purchase price must be paid in NHG costs. But these costs are often quickly recouped due to the lower interest rate.