There are currently many changes in the mortgage industry. The mortgage experts at de Kredieter are happy to keep you informed of new developments and options.
Mortgage interest deduction for expats works the same way it does for Dutch homeowners: interest paid on a mortgage for your primary residence is deductible from your Box 1 income, as long as you qualify as a Dutch tax resident and the mortgage is an annuity or linear type. What trips up most expats is not the rule itself, but how it interacts with the 30% ruling, the amount added back to your taxable income, and which purchase costs actually…
Yes, you can refinance an expat mortgage in the Netherlands under exactly the same rules that apply to Dutch homeowners, whether your original mortgage came from an international bank or a Dutch one. Refinancing, known here as "oversluiten," means paying off your current mortgage and taking out a new one, usually to get a lower interest rate. For many expats it becomes worth looking into once the fixed-rate period is nearly over, or once the gap between your current rate…
Your maximum mortgage as an expat can differ by tens of thousands of euros from one lender to the next, even with identical income. Lenders do not follow one shared formula. Each bank sets its own rules for allowances, temporary contracts, the 30% ruling, and foreign income, and those choices directly change the number you see in your mortgage offer. How Do Lenders Treat Your Allowances and Bonuses Differently? Many expat employees receive more than a base salary. Housing allowances,…
Lenders generally ask for foreign currency income documents such as an expat-specific employer statement, recent payslips, foreign tax returns and proof of your residence status. That paperwork exists to answer one question: how much of your income counts, in euros, once a Dutch lender looks at it. Most lenders will not treat a foreign-currency salary as your core qualifying income, so the documents you gather mainly help translate a foreign income picture into something a euro-based mortgage file can work…
You do not need to be married to get a joint mortgage in the Netherlands, but the paperwork works differently than it does for married couples. You both sign the mortgage and are fully liable for the whole debt, while ownership of the home has to be arranged separately and explicitly. Get that part wrong, and you can end up with a mortgage that does not match who actually owns what. How does ownership work if you buy a home…
Renting vs buying in the Netherlands comes down to three things: how long you plan to stay, how much you have saved for upfront costs, and whether your income supports a Dutch mortgage under NIBUD lending rules. For most expats on a contract of a year or more, buying often ends up cheaper per month than renting once mortgage interest deduction is factored in, but you need cash on hand for the closing costs, since Dutch mortgages almost never cover…
A mortgage calculator for expats usually spits out a number that looks precise but does not match what a bank will actually offer. Most of these tools are built for a standard Dutch salary and cannot handle the 30% ruling, allowances, or the way an expat income is typically structured. For someone with a single fixed salary that barely matters, but for an expat with a more layered income, the gap between the calculator result and your real borrowing capacity…
Choosing the right mortgage type as an expat in the Netherlands usually comes down to three things: how your income is taxed, how long you plan to stay, and how much certainty you want in your monthly payments. There is no separate expat mortgage type. Dutch banks work with the same repayment structures for everyone. What changes for you is which structure actually makes sense given your situation. What Mortgage Types Can You Choose From in the Netherlands? In the…
A fixed versus variable rate mortgage decision changes your monthly payment, how much you can borrow, and how exposed you are to future rate moves. With a fixed rate you lock in the interest for a set period, while a variable rate moves with the market from month to month. For most expats buying in the Netherlands, the length of the fixed-rate period you choose matters more than whether you pick fixed or variable at all. What Is the Difference…
