Mortgage calculator for 2022

20 april 2021 458x

Do you consider buying a home? Then you probably want to figure out what you can borrow from the bank. This way you know which properties are within your budget. Ikbenfrits developed a mortgage calculator which is very easy to use. Let's get started!

Bénine Bijleveld

Dutch mortgage calculator

In The Netherlands, banks use five leading elements to determine the maximum amount of your mortgage. The questions below need to be answered when using the mortgage calculator:

  • What is your date of birth?
  • What is your gross income?
  • Type of employment (permanent or temporary)?
  • Are you buying alone or with a partner?
  • Do you have other financial obligations?

After answering these questions with some more details, the mortgage calculator will give you an exact amount of what you can borrow from the bank. If you already have a mortgage loan at a Dutch bank and want to check if you can save money by transferring your mortgage, you can check that here.

Employee vs. entrepreneur

When you've filled in the mortgage calculator, you hopefully have a good idea of the price range of houses you can look into. However, if you are an entrepreneur, calculating your mortgage works a little bit different. Banks will want to know a lot more about you, such as your profits and losses from the last three years. Furthermore, they will check if you can afford the mortgage for the years to come, that's why they will check your solvency and liquidity.

Buying a house in The Netherlands

Buying a house is an important step and can be quite stressful, maybe even more so when Dutch is not your primary language. But rest assured, the advisors of Ikbenfrits will help you along every step of the way. They will answer all your questions and find the best mortgage for you with the lowest interest rate. Also, it's good to know that Ikbenfrits is one of the most competitively priced mortgage advisors on the market.