Mortgage risk classes
The interest rate depends on the risk class. A mortgage with National Mortgage Guarantee (NHG) falls into the lowest risk class. With NHG, you get the lowest interest rate. In a mortgage without NHG, the ratio between the amount of the mortgage and the value of the house is considered. The more you borrow in relation to the value, the higher the interest rate. The many risk classes varies from bank to bank. Also, what you need to do to get into a lower risk class varies. In our advice, we consider not only the interest rate at the time of taking out the mortgage, but also the interest rate during the term. We call this maturity interest. It may well be that a provider seems favorable because the interest rate at the start is low, but that you are much better off with another bank, because the average interest rate during the term is lower.
With National Mortgage Guarantee (NHG) you are in the lowest risk class, and you can be sure that you will get optimal support if the mortgage costs are temporarily difficult or impossible to bear. There are also many options in case of a relationship break-up to ensure that either of you can continue to live in the house. You can get NHG in 2023 if the purchase price (possibly plus a renovation) amounts to a maximum of €405,000. In addition, you can borrow an extra 6% on top of that, if you spend that extra amount on energy-saving measures. However, this must fit your income. Your mortgage will be slightly higher, but your energy bill will be lowered, and you will be contributing to a sustainable world.
Even without NHG, there are many opportunities to borrow extra money to make your home more sustainable. A number of lenders give you an interest-rate discount if you have energy label A, or make adjustments to obtain label A. Ask us about the possibilities!