National Mortgage Guarantee (NHG)

If you want the lowest possible interest rate, a mortgage with a so called National Mortgage Guarantee (in Dutch: Nationale Hypotheek Garantie or NHG) might be just the thing for you. Such a NHG mortgage gives you and the mortgage provider certain guarantees, which are matched by the lowest possible interest rate. You can read here what specific requirements apply to qualify for a NHG mortgage.

Maximum purchase price

In order to be able to make use of NHG, the purchased object may not exceed a certain maximum purchase price. This specific maximum is determined anew every year. It is based on the average selling price of all homes in the months of June, July and August from the previous year. For example, in 2022 the cost limit is €355,000. This means that the purchase price or the appraised market value of the home has a maximum of €355,000. You can spend up to 6% on top of the purchase price on energy-saving resources. In that case, you can borrow up to a maximum of €376,300 and still get a mortgage with NHG.

Calculate your maximum mortgage

Start calculation

NHG contribution

Everyone with an NHG mortgage contributes to the guarantees of the NHG. You do this by paying a one-time contribution at the moment you become the owner of the house. The payment is made when you go to the notary to have the mortgage passed. Since 2020, this contribution or guarantee commission is 0.7% of the mortgage loan. This percentage is lower than in previous years and therefore saves you the extra buck.

Transferring to a NHG mortgage

A few things have changed since 2020 for people who want to convert their current mortgage to a mortgage with NHG. For those who already have a NHG mortgage the good news is that you only have to pay the NHG contribution fee on the increased amount once you transfer to a new mortgage. Until 2020, you had to pay the commission on the entire mortgage amount. This saves a lot of money.

For example: You have a NHG mortgage of € 250.000 but you transfer it to a mortgage of € 270.000. Now you will pay only 0.7% NHG commission on € 20.000 resulting in a € 140 contribution. As opposed to 0,7% x € 270.000 = € 1890 in previous years.

Also note that when transferring to NHG you always have to either renovate or make your home more sustainable, or largely convert an interest-only mortgage into an annuity repayment scheme or a linear repayment scheme.

Unfortunately, for those who have a mortgage without NHG plus a home with an appraised market value above €325.000 it is no longer possible to convert to a NHG mortgage. Until 2020, the right to NHG was determined by the amount of the mortgage. From 2020, the value according to the valuation report is also taken into consideration to qualify for NHG. If this applies to you, you can usually still get a lower interest rate without NHG if the home value is higher than your mortgage, because the risk of a residual debt is smaller. In practice, the NHG interest rate is often slightly lower than this interest rate.

We always strive for the best-fitting offer

We compare for you with over 40+ lenders, always independent!

Always reliable, your personal advisor

For all your questions, you have contact with one advisor, whom you can rely on!

Your first consultation is always free and without obligation

Schedule an introductory meeting this week, even in the evenings!

Are you self-employed?

If you have your own company, you can also take out a mortgage with NHG from the moment your company has been active for one year. To qualify for a NHG mortgage you need your qualifying income, which is calculated based on the average income you generated over the years. This qualifying income has to be established by a third party expert. Tip: a number of mortgage providers may draw up this qualifying income themselves, which saves costs!

Safety net

The lender gives you the lowest possible interest because the NHG has a number of built-in securities. These guarantee a number of ways in which you can be helped financially if you are unable to make your monthly mortgage payments, whether this is temporarily or for a longer period of time. The purpose of these securities is in the first place to preserve the home and, if necessary, limit residual debts that arise after a forced sale. A NHG mortgage might therefore function as a safety net in financially insecure times, due to divorce, losing your job or other unforeseen circumstances.

Would you like to receive more information about your options for an (NHG) mortgage? A first orientation meeting at OHAO is always without obligation. Make an appointment with one of our mortgage advisors here.