Are you planning on buying a house? ABN AMRO is more than willing to help. We will give you advice that fits your requirements. Do you have a question about your ABN AMRO mortgage? Or would you like to alter it? Then you can arrange a meeting with one of our advisors.
Even if you are only residing temporarily in the Netherlands, it may be practical to purchase a house during your stay. At ABN AMRO International Clients, we know precisely what the house buying process for an expat means in financial terms. As such, we are able to provide you with the best possible advice and most suitable mortgage. Watch our video in which we inform you about the Expat Mortgage process and services.
A mortgage is a loan, which you pay back over time. The way in which you do that depends on the type of mortgage. Compare the different types of mortgages available from ABN AMRO. Our advisors can help you choose the one that suits you best.
You only pay the interest on your mortgage each month. This gives you lower monthly payments. You do not pay back any of your loan until the end of the mortgage period.
You may deduct the interest payments from your taxable income. The debt remains the same as you do not pay any of it back. The amount of interest you pay also remains constant.
If you took out an Interest-only Mortgage before 1 January 2013, you may deduct the interest you pay from your income for tax purposes. This means that you retain maximum tax benefits.
If you have taken out an Interest-only Mortgage since 1 January 2013, the mortgage interest you pay on the new Interest-only Mortgage is no longer deductible from your income for tax purposes.
Your monthly repayments remain the same. At the start your repayments are low and the interest high. Later you repay more while the interest is lower.
Entitled to mortgage interest deduction? Then your monthly repayments will be lower at the start. Later on you will have to pay more each month.
As you will be making repayments each month, you will be assured that the loan will be repaid in full.
You may deduct the mortgage interest from your income for tax purposes.
The amount to be paid back will decrease steadily as you will be paying back a fixed amount each month. Interest will be paid on the loan. The amount of interest you pay will also decrease steadily. This means that you will be able to save money for other purposes in the future.
With the Linear mortgage you pay back a fixed amount each month. This means that you will pay back your loan in fixed segments. You will be assured that you will have repaid the loan in full by the end of the mortgage period.
You may deduct the mortgage interest from your income for tax purposes.
Do you, as an expat, find it difficult to do your banking in Dutch? You might find our English version of Internet Banking useful. My colleagues and I are also more than happy to help you with all your other banking transactions. In English, of course.
