A mortgage of €350.000

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 €350.000. 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.

What does a mortgage of €350.000 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: € 350.000
  • Mortgage type: Annuity
  • Example interest rate: 4.3%
  • Interest rate period: 10 year
Annuity mortgage

The monthly costs of the mortgage will be: 

Gross: € 1.732 / Net € 1.336 (indicative, depending on your income)

The amounts are based on the mortgage amount, mortgage type and interest rate. 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.

This example is calculated based on a total gross minimum income of €75.000.

Example 2: Linear

  • Mortgage amount: € 350.000
  • Mortgage type: Linear
  • Example interest rate: 4.3%
  • Interest rate period: 10 year
Linear mortgage

The monthly costs of the mortgage will start at:

Gross: € 2.207 / Net € 1.681 (indicative, depending on your income)

The amounts are based on the mortgage amount, mortgage type and interest rate. 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.

This example is calculated based on a total gross minimum income of €75.000.

Calculations are based on the interest rate of November 2022.

How much do I need to earn for a mortgage of €350.000?

In order to apply for a mortgage of €350.000 you will need a minimum income of €75.000 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.

    Calculate your maximum mortgage

    This calculation is based on the NIBUD 2023 mortgage standards.