The Limit for the National MortGage Guarantee (NHG) Will Increase Next Year from 450,000 to 470,000 euros. The Amount is Increasing because the Average House Price is also rising. The Commission to finance the NHG Remains at 0.4 percent.
This was announced by the organization behind the NHG on Wednesday. For Those WHO Invest in Making Their Home More Sustainable, There is a Higher Limit of 498,200 euros.
The NHG is intended to reduce the risks associated with buying a home. The NHG Offers Protection for Homebuyer’s If they Cannot Pay Their Housing Costs, For Example Due to Job Loss Or Divorce. It can also eliminate the residual debt if a house is sold.
In Addition, there are Benefits for Banks and Other Lenders. The NHG Reduces the Risk That They Will Not Get Their Lent Money Back.
However, as a home buyer, you must pay a one-off commission if you opt for a mortgage with nhg. This is set at 0.4 percent of the mortgage this year and next year. Someone Who Takes Out a Loan or 400,000 euros Therefore Pays 1,600 euros in Commission. Accordance to NHG, 40 percent of all homeowners have now tasks out a guarantee.
Since a few years ago, The Limit Amount Has Been Determined by Adding 5 Percent to the Average Purchase Price of the Past 27 Months. Rounding then takes place to multiples or 5,000 euros.