Renovate your house with your mortgage

A mortgage of €200.000

You need to apply for your first mortgage in the Netherlands or might be looking for your next house.
Based on your own calculations, you expect to need a mortgage of €200.000. But how do you know if you can afford the monthly mortgage costs? And how much annual income you need in order to apply for the mortgage? We will give you two examples based on an annuity and linear mortgage.

How much do I need to earn for a mortgage of €200.000?

In order to apply for a mortgage of €200.000 you will need a minimum income of €49.000 annually.
Please be aware that the exact amount you need in order to apply for your mortgage is depending on your personal situation. Would you like to know your exact mortgage possibilities? Reach out to one of our advisers.

In 2024, the energy label will have a major influence on the maximum amount you can borrow

Below you can see how the energy label affects the maximum mortgage amount with an income of € 49,000.

Energy label 2024 and mortgage capacity of 200000 euro
Energy label 2024 and mortgage capacity of 200000 euro

Energy label

The energy label now has a direct influence on your maximum mortgage amount. The higher the energy label (for example A or B), the more money you can borrow. The idea is that people with an energy-efficient home have lower energy costs. This gives them more financial resources to finance a more expensive house.

With a lower energy label you can borrow more for energy-saving measures.

Energylabel and loan capacity 2024

What does a mortgage of €200.000 cost?

The costs of a mortgage depend on the mortgage type you choose

The most common mortgage types in the Netherlands are annuity and linear. The examples below are 100% annuity and 100% linear, but a combination of the two is also an option (to create stable monthly net costs).

Example 1: Annuity

  • Mortgage amount: € 200.000
  • Mortgage type: Annuity
  • Example interest rate: 4.3%
  • Interest rate period: 10 year
Annuity mortgage

The net amount is the gross payment minus the interest tax deduction. This tax deduction is depending on the total income you earn. With our online mortgage calculator, you can find out how much mortgage you can get.

Example 2: Linear

  • Mortgage amount: € 200.000
  • Mortgage type: Linear
  • Example interest rate: 4.3%
  • Interest rate period: 10 year
Linear mortgage

The net amount is the gross payment minus the interest tax deduction. This tax deduction is depending on the total income you earn. With our online mortgage calculator, you can find out how much mortgage you can get.

What is your maximum mortgage amount?