NHG — National Mortgage Guarantee
By Steffanie FrankelProtection against residual debt and a lower interest rate.
What is NHG
The National Mortgage Guarantee (NHG) is a Dutch scheme protecting the borrower against residual debt if a forced sale falls short of the mortgage balance. Eligible for homes up to €435,000 (2024).
Benefits
- Lower mortgage interest (0.4-0.6% below standard)
- Protection against residual debt
- Easier mortgage approval
- Helpful coverage if you lose income or get divorced
Cost
One-off fee: 0.6% of the mortgage amount. Almost always recouped via the lower interest rate within 2-3 years.
Frequently asked questions
Is NHG always worth it?
For mortgages under the limit: almost always yes. The interest saving outpaces the fee quickly.
Related articles
10 tips for buying your first home
As a first-time buyer there's a lot coming your way. These 10 tips help you prepare optimally for buying your first home.
Additional costs when buying a home
Complete breakdown of the cost stack on top of the asking price.
Applying for a mortgage
A clear overview of the mortgage application process for buyers in the Dutch market.
Applying for a starter loan
A helping hand for first-time buyers.
Need help?
Got a question after reading this article? Get in touch, no strings attached.
Geen verplichtingen. Reactie binnen 24 uur.