Starter loan
Your dream home starts with a starter loan
If you're looking to buy your first home, a starter loan can be a great solution. This loan is specifically designed to give you a helping hand with your first property. It provides additional financing when you need that little bit extra, or if your regular mortgage is not enough. With a starter loan, you can get favorable conditions to help you get a good start in the housing market. Want more information? We're happy to help you!
How does a starter loan work?
A starter loan is often an additional loan provided by the municipality, which helps you purchase your property. In the first years, you usually pay only interest or no interest at all, giving you some financial breathing room. After a few years, you start repaying the loan and pay an interest rate that is fixed for you. This gives you time to stabilize your financial situation before you begin paying down the loan.
When am I eligible for a starter loan?
To be eligible for a starter loan, you must meet several conditions:
- First home: It must truly be your first home.
- Age: You must be between 18 and 35 years old.
- Income: Your income must not be too high, as the loan is meant for people with a modest income who are purchasing a home.
- Maximum property value: The property cannot be too expensive; there is a maximum price you can borrow, depending on your municipality.
- Availability per municipality: Not every municipality offers a starter loan, so it’s good to check whether your municipality provides this option.
- Combination with other mortgages: The starter loan is often provided in combination with a regular mortgage, so you must also qualify for that.
A starter loan makes the step toward your first home a lot easier. Wondering if you're eligible? Feel free to contact us—we'll be happy to assist you with your mortgage and applying for a starter loan!
Financial breathing room
A starter loan is often an additional loan from the municipality that helps you purchase your home. In the first few years, you typically pay only interest or no interest at all, giving you some financial breathing room.
After a few years, you begin repaying the loan and pay an interest rate that is fixed for you. This gives you time to stabilize your financial situation before you start repaying the loan.
