Let us calculate your monthly payments
Curious what your maximum mortgage is and how much you would then pay each month in interest and repayment? We will prepare your exact calculation.
How are your monthly payments calculated?
As an entrepreneur, director-major shareholder (DGA) or self-employed professional, it is important to know what your monthly payments will be when you take out a mortgage. Your monthly payments consist of various components, such as the interest, repayment, insurance and any other additional costs. At De Ondernemershypotheek we are happy to help you gain a clear insight into these monthly costs, so that you know exactly where you stand.
Factors that influence your monthly payments
The monthly payments of your mortgage are influenced by several factors. Here are some important points that determine the level of your monthly costs:
- Size of the mortgage: The total size of the mortgage amount is one of the most decisive factors for your monthly payments. The higher the amount you borrow, the higher your monthly repayments and interest payments will be.
- Interest rate: The interest rate you pay has a direct impact on your monthly payments. This rate is set by the lender and can vary depending on the term of your fixed-interest period, the current market interest rate and your personal financial situation.
- Fixed-interest period: The period for which you fix the interest rate influences the level of the interest you pay. A shorter fixed-interest period can lead to a lower rate, but also carries the risk that the interest rate rises when the period ends. A longer period offers certainty, but the interest rate may be slightly higher.
- Repayment type: The way in which you repay your mortgage plays a major role in your monthly payments. With an annuity mortgage you pay a fixed amount every month, consisting of a part interest and a part repayment. With a linear mortgage you repay a fixed amount every month, which causes your monthly payments to gradually decrease. Each type has its own advantages, depending on your financial situation and future plans.
- Insurance: In addition to the interest and repayment, there are often also insurance policies linked to your mortgage, such as a term life insurance or a home insurance. These costs come on top of your monthly mortgage payments.
- Any extra costs: In some cases there may be additional costs, such as a risk surcharge if you have a higher loan in relation to the value of your home, or costs for the NHG (Dutch national mortgage guarantee).
Why choose a personal calculation?
Standard online calculation tools often only give an indication of your monthly payments. They do not take into account the specific circumstances of entrepreneurs and can therefore give a distorted picture. At De Ondernemershypotheek we offer you an accurate and tailor-made calculation that fully takes into account your personal and financial situation as an entrepreneur.
Our specialised advisers analyse your income, business results and future plans to make a realistic estimate of what your monthly payments will be. This not only gives you insight into what you can expect, but also helps you make well-considered choices about the repayment type, fixed-interest period and other important decisions.
Get in touch for an exact calculation
Would you like to know exactly what your mortgage is going to cost you per month? Then get in touch with us. Our experienced advisers are ready to make a detailed calculation, so that you can plan your financial future with peace of mind.