Again the limit for an NHG mortgage is going up. In 2018, a mortgage with a guarantee can be taken out for a home up to 265,000 euros.
Limit for NHG mortgage in 2018
If you buy a house up to 265,000 euros in 2018, you are eligible for a National Mortgage Guarantee (NHG) mortgage. This increases the cost limit for the guarantee by 8%. This year an NHG mortgage can be taken out for a home of 245,000 euros.
For an investment in energy-saving measures, more than 15,000 euros can be borrowed under NHG next year. The cost limit then comes to 280,900. This has been announced by the Home Ownership Guarantee Fund, which is behind the NHG.
Note: With an NHG mortgage, 6% additional costs are taken into account as standard. The maximum mortgage under NHG is therefore lower.
More buyers eligible for National Mortgage Guarantee
The increase in the NHG limit is a response to the increased house price. The guarantee fund behind the National Mortgage Guarantee wants to continue to offer starters the opportunity to finance their first home “in a responsible manner”.
Just as starters are under pressure from the heated housing market, less housing allowance can be financed under NHG. The number of homes that are eligible for the guarantee has fallen from 90% in 2012 to below 70%.
The National Mortgage Guarantee offers a safety net
The National Mortgage Guarantee offers a safety net if things go wrong, for example in the event of work disability, unemployment or divorce. The guarantee fund offers help with payment problems and can, under conditions, cancel the remaining debt. mortgage with a guarantee can be taken out for a home up to 265,000 euros.
Starters who buy their first home above the asking price and that finance it to the maximum, run a higher risk.