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Mortgage shortfall loan

Mortgage shortfall loan

Moving house despite a mortgage shortfall

  • Repay over 15 years
  • No compensation for extra repayments with your own resources
  • Competitively priced

Mortgage shortfall loans and tax

Mortgage shortfall loans explained

Mortgage shortfall loans let you include your mortgage shortfall in the mortgage for your new home, provided:

  • The mortgage shortfall is € 75,000 or less
  • You have sold your home
  • You will pay off the mortgage shortfall within 15 years
  • Your income is sufficient to be able to pay your new mortgage
  • The new mortgage is not more than 115% of your new home’s market value

Mortgage shortfall and tax

If you were left with a mortgage shortfall on or after 1 January 2018, you can no longer deduct the costs and interest for the mortgage shortfall loan from your taxable income. Make an appointment with a mortgage adviser to find out more about your options.

If your home is worth less than your mortgage debt, you will have a mortgage shortfall when you sell your home. But fear not, you can often still move house. With a mortgage shortfall loan, you can in some cases borrow an amount to the tune of your mortgage shortfall. Read more about our mortgage shortfall loans.

More information about mortgage shortfall loans and terms & conditions

Just the thing for you

A mortgage shortfall loan is intended for anyone with a mortgage who: 

  • Wants to move house and take out an ABN AMRO mortgage
  • Lacks the means to cover the mortgage shortfall
  • Has sufficient income to pay the new monthly mortgage costs
New property as collateral
  • If the purchase sum of your home (including possible renovation costs) does not exceed € 290,000, you can request the cover provided by the Dutch National Mortgage Guarantee (NHG)
  • If you meet certain requirements, you can take out a loan to cover your mortgage shortfall up to the financing limit of € 290,000
  • Your mortgage shortfall may be waived in some cases, such as in case of a divorce or unemployment.
Terms and Conditions

Mortgage shortfall loans are subject to the same terms and conditions as our annuity mortgages and our linear mortgages. The terms and conditions for your mortgage are very important. Always make sure you read the terms and conditions before you sign a mortgage offer. The only difference is that a mortgage shortfall loan can be repaid in full at any time with your own non-borrowed resources without any compensation.  

How much you can borrow
  • You can choose to include the mortgage shortfall in your new mortgage or cover it by raising your existing mortgage up to 115% of the market value of your new home
  • A mortgage shortfall loan is subject to a maximum of € 75,000. If you have taken out a mortgage backed by the Dutch National Mortgage Guarantee, you can include a maximum mortgage shortfall loan of € 290,000 in your mortgage.
Repay over 15 years

An ABN AMRO mortgage shortfall loan has a maximum term of 15 years. For a mortgage shortfall loan with NHG cover, the term may be longer. The term will then depend on the maximum monthly mortgage costs you can afford.

A mortgage shortfall loan can be repaid in full at any time with your own non-borrowed resources without any compensation. 

Dutch National Mortgage Guarantee (NHG)
  • If the purchase sum of your home (including possible renovation costs) does not exceed € 290,000, you can request the cover provided by the Dutch National Mortgage Guarantee (NHG).
  • If you meet certain requirements, you can take out a loan to cover your mortgage shortfall up to the financing limit of € 290,000.
  • Your mortgage shortfall may be waived in some cases, such as in case of a divorce or unemployment. Read more on the NHG website. Take a look at the sample calculations.

More information about mortgage shortfall loans and terms & conditions

A mortgage shortfall loan is intended for anyone with a mortgage who: 

  • Wants to move house and take out an ABN AMRO mortgage
  • Lacks the means to cover the mortgage shortfall
  • Has sufficient income to pay the new monthly mortgage costs
  • If the purchase sum of your home (including possible renovation costs) does not exceed € 290,000, you can request the cover provided by the Dutch National Mortgage Guarantee (NHG)
  • If you meet certain requirements, you can take out a loan to cover your mortgage shortfall up to the financing limit of € 290,000
  • Your mortgage shortfall may be waived in some cases, such as in case of a divorce or unemployment.

Mortgage shortfall loans are subject to the same terms and conditions as our annuity mortgages and our linear mortgages. The terms and conditions for your mortgage are very important. Always make sure you read the terms and conditions before you sign a mortgage offer. The only difference is that a mortgage shortfall loan can be repaid in full at any time with your own non-borrowed resources without any compensation.  

  • You can choose to include the mortgage shortfall in your new mortgage or cover it by raising your existing mortgage up to 115% of the market value of your new home
  • A mortgage shortfall loan is subject to a maximum of € 75,000. If you have taken out a mortgage backed by the Dutch National Mortgage Guarantee, you can include a maximum mortgage shortfall loan of € 290,000 in your mortgage.

An ABN AMRO mortgage shortfall loan has a maximum term of 15 years. For a mortgage shortfall loan with NHG cover, the term may be longer. The term will then depend on the maximum monthly mortgage costs you can afford.

A mortgage shortfall loan can be repaid in full at any time with your own non-borrowed resources without any compensation. 

  • If the purchase sum of your home (including possible renovation costs) does not exceed € 290,000, you can request the cover provided by the Dutch National Mortgage Guarantee (NHG).
  • If you meet certain requirements, you can take out a loan to cover your mortgage shortfall up to the financing limit of € 290,000.
  • Your mortgage shortfall may be waived in some cases, such as in case of a divorce or unemployment. Read more on the NHG website. Take a look at the sample calculations.

Reasons for taking out a mortgage from ABN AMRO

Stay on top of your mortgage

Track your mortgage on Internet Banking or in the ABN AMRO app. It’s secure and easy.

Make changes to your mortgage yourself

From changing the interest rate to making additional repayments. Making changes to your mortgage couldn’t be easier. You can do it yourself online .

Videoconferencing with an adviser

Video Banking makes it easy. Simply use your computer, smartphone or laptop.