Yes, interest on your mortgage for your mainresidence is tax-deductible, provided the loan is used for buying or improvingyour home and is fully repaid within 30 years.

Expect to pay transfer tax (overdrachtsbelasting), notary fees, valuation costs, advice and mediation fees, and possibly a bank guarantee. These costs are usually 4–6% of the purchase price.

Yes, but you will need to provide extra documentation, such as annual accounts and tax returns for the past three years. Lenders typically assess your average income over this period.

The process generally takes 4 to 6 weeks fromapplication to final approval, depending on your situation and the lender’srequirements.

Commonly required documents include proof of income, recent payslips or annual accounts, identification, bank statements, and details of the property you wish to buy.

Most lenders allow you to repay up to 10–20% of the original loan amount per year without penalty. Early repayment above this limit may incur a fee.

Contact your lender as soon as possible. With NHG, you may be eligible for support. The lender will try to find a solution, such as a payment arrangement or, as a last resort, selling the property.

Energy-efficient homes may allow for a higher borrowing limit and sometimes qualify for a lower interest rate. There are also special loans and subsidies for making your home more sustainable.

With an annuity mortgage, your monthly payment stays (almost) the same, but the interest portion decreases over time. With a linear mortgage, you pay off a fixed amount of the principal each month, so your monthly payments decrease over time.

Yes, many banks offer mortgages to expats and non-residents, though extra conditions and documentation may apply.

You can fix your interest rate for a certain period (e.g., 5, 10, 20 years). During this period, your interest rate and monthly payments remain stable.

You can usually take your mortgage with you to a new property (portability), or you may need to repay your mortgage early, which could involve a penalty depending on your lender and contract.

Personal liability insurance (aansprakelijkheidsverzekering) covers damage you accidentally cause to others or their property. It is not compulsory but highly recommended. Liability insurance for motor vehicles (WA-verzekering) is compulsory for vehicle owners.

Home insurance typically includes building insurance (opstalverzekering) for the physical structure and contents insurance (inboedelverzekering) for your belongings. Building insurance is often required for homeowners with a mortgage; contents insurance is important for both owners and tenants.

Building insurance covers the structure of your home (walls, roof, fixtures), while contents insurance covers movable items inside your home (furniture, electronics, clothing). Both can usually be combined in a single policy.

For health insurance, the deductible is a fixed amount you pay yourself each year (currently €385) before the insurer starts covering costs. Other insurances may also have a deductible, which can vary by policy.

Yes, expats and non-residents can take out most types of insurance. Health insurance is mandatory for anyone living or working in the Netherlands. Many insurers offer information and policies in English.

Optional insurances include travel insurance, legal expenses insurance, life insurance, funeral insurance, pet insurance, bicycle insurance, and accident insurance. These provide extra protection depending on your lifestyle and needs.

Contact your insurer as soon as possible, provide all requested documentation (such as receipts or police reports), and follow their procedures. Your policy will outline what is covered and any conditions for claims.

Assess your personal situation (homeowner or tenant, car owner, family status), legal requirements, and risks you want to cover. Compare policies, premiums, coverage, and deductibles. Seek advice if needed, especially for complex situations.

Yes, many providers offer bundled packages (e.g., home, contents, and liability insurance) at a discount. This can simplify administration and sometimes reduce costs.

You may need to cancel or adjust your policies. For health insurance, coverage generally ends when you deregister from the Netherlands or stop working here. Always inform your insurers of your new situation.

Premiums vary by type of insurance, coverage, value of insured items, location, and personal risk profile. For example, basic contents insurance starts at around €50–€150 per year, while building insurance averages €150–€250 per year. Health insurance premiums are set annually.

Interest rates vary depending on the loan amount, your financial situation, and the lender. Rates are fixed for the duration of the loan and are usually between 4% and 10% per year.

The term usually ranges from 12 to 120 months (1 to 10 years). The maximum term may be limited by your age at the end of the loan period.

A personal loan has a fixed amount, fixed term, and fixed interest rate. A revolving credit (doorlopend krediet) allows you to withdraw money up to a limit, repay and redraw, and the interest rate can vary.

Most lenders in the Netherlands allow you to repay your personal loan early, either partially or in full, without penalty. Always check the terms of your specific loan.

You typically need proof of identity, recent payslips or income statements, bank statements, and information about existing loans or debts.

Approval can be quick—often within a few days if all documents are in order. Some lenders offer same-day approval for smaller amounts.

Lenders check your credit history with the BKR (Bureau Krediet Registratie). A good credit score increases your chances of approval and may result in a lower interest rate.

Most personal loans have no setup or administration fees. The main cost is the interest. Always check if there are any extra charges in the loan agreement.

If you miss payments, you may incur extra costs and it will negatively affect your credit score. The lender may take legal action to recover the debt.

Yes, but you usually need to be registered in the Netherlands, have a stable income, and sometimes a permanent residence permit. Requirements vary by lender.

No, the interest paid on a personal loan is not tax-deductible, except in very specific cases (e.g., if the loan is used for home improvement and meets strict criteria).

Compare interest rates, terms, total costs, early repayment options, and customer service. Use comparison websites or seek advice if needed