If you take out a linear mortgage, you pay a fixed amount in repayments and a variable amount in interest every month. You repay part of your mortgage debt each month. As a result, the variable amount you pay in interest becomes slightly lower and lower. Your net monthly amount is higher at the beginning of the term than at the end.

With this type of mortgage, you can be sure that you will have paid off your mortgage at the end of the term. A linear mortgage has a maximum term of 30 years. You can choose to agree a shorter term.

Wondering if this is the mortgage type that suits you? Or would you like to know more about other mortgage types, such as the repayment-free mortgage or the annuity mortgage? Schedule an appointment for a consultation.

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