Budget or Home Mortgage

A choice of 2 mortgages

At ABN AMRO, you can choose between two mortgage options: the Budget Mortgage (Budget Hypotheek) and the Home Mortgage (Woning Hypotheek). We also offer different repayment options for you to choose from, including repayment as a Level-Payment Mortgage, Straight-Line Mortgage or an Interest-Only Mortgage. Decide which mortgage type best suits your situation or discuss it with a mortgage adviser.

Make an appointment

You intend to sign the mortgage deed before the notary within 12 months. This is known as executing the mortgage deed. The 12-month period starts on the date that the interest offer was made. If the mortgage deed is not executed within 12 months, the agreement will be terminated and you will have to re-apply.
You want to use the moving scheme and you already have a Budget Mortgage
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You intend to sign the mortgage deed before the notary within 12 months. This is known as executing the mortgage deed. The 12-month period starts on the date that the interest offer was made. If the mortgage deed is not executed within 12 months, the agreement will be terminated and you will have to re-apply.
You expect the mortgage interest rate at the time of signing the mortgage deed to be lower than the interest rate for the fixed rate period you chose in the mortgage offer.
You want to use the moving scheme and already have a Home Mortgage.

The differences between the Budget Mortgage and the Home Mortgage

You have 12 months to have the mortgage deed executed, starting from the date that the interest offer was made. All current types of mortgage and interest rates are possible.
Often used for existing properties.
The ‘interest rate reduction option’ doesn’t apply.
- Once you’ve signed before the notary, you’ll pay the interest rate stated in the mortgage offer you signed.
- When you get a new interest rate offer at the end of your fixed-rate period, you’ll pay the rate stated in that offer.
The interest rate is usually a little lower than the rate for an ABN AMRO Home Mortgage.

View the interest rates for each mortgage

You have 12 months to have the mortgage deed executed by a notary, starting from the date that the interest offer was made.
All current types of mortgage and interest rates are possible.
Often used for new-builds.
The ‘interest rate reduction option’ applies.
- Once you’ve signed the mortgage deed before the notary, you’ll pay the interest rate stated in the mortgage offer you signed, unless the interest rate at that moment is lower; in that case, you’ll pay the lower rate.
- When you get a new interest rate offer after your fixed-rate period, you’ll pay the rate stated in that offer. If the interest rate is lower on the start date, you’ll pay the lower rate.

Please note! If you have a Home Equity Mortgage, Bridging Loan or Sustainable Home Mortgage, you’ll pay the interest rate stated in the offer you signed, even if the interest rate that applies at the time of signing the mortgage deed is lower than the rate that applied when you signed the offer.