Maandlast netto (Monthly charge net)

What is the maandlast netto (net monthly payment)?

The net monthly payment is the amount that is paid monthly for the mortgage after tax settlement. Therefore, the tax is taken into account.

The net monthly payment for a mortgage consists of premium, mortgage interest, possibly the repayment and the addition and deduction of the tax. The net monthly costs provide a good insight into the actual costs for your mortgage per month.

Addition – deduction = tax benefit

Various tax measures affect your monthly payments.

Addition:
The tax authorities see your home as an asset. You must therefore add an amount to your income. The WOZ value of your home determines the addition.

Deduction:
You may deduct the costs for taking out the mortgage from tax. In addition, you may deduct the monthly mortgage interest from the tax, the so-called mortgage interest deduction.

Addition – deduction = tax benefit:
The government is trying to simulate home ownership with interesting tax measures. The net monthly payment (after tax settlement) is therefore often lower than the gross monthly payment.

What is your net monthly payment? Find out down here!

Mortgage terms
Eigenwoningforfait (Notional rental value)
"Eigenwoningforfait" is a tax on the theoretical income that a homeowner could earn by renting out their home, even if they do not actually rent it out. Erfpacht (Ground lease)
Often houses in the Netherlands are not on private land, but on leasehold land. This leasehold land is then rented from the landowner (often the municipality). Hypotheekakte (mortgage deed)
The mortgage deed is the official contract for a mortgage. The mortgage deed contains all agreements with the bank that relate to the mortgage. Hypotheeksom (Mortgage sum)
he mortgage sum is the total amount that is borrowed from a lender. Koopakte (Purchase deed)
The written purchase agreement between the buyer and seller of a house. Other words for koopakte are koopcontract or koopovereenkomst (purchase contract or purchase agreement). Maandlast netto (Monthly charge net)
The net monthly payment is the amount that is paid monthly for the mortgage after tax settlement. Therefore, the tax is taken into account. National Mortgage Guarantee (NHG)
 Notariskosten (Notary fees)
When you buy a house, a visit to the notary is unavoidable. The deeds required for the purchase of a home are drawn up by a notary. Taxatiekosten (Appraisal costs)
The appraisal costs are one of the additional costs when taking out a mortgage. They are the costs for the valuation of a house by an independent appraiser. WOZ-waarde
WOZ stands for Valuation of Real Estate (Waardering Onroerende Zaken). The WOZ Act ensures that all governments use the same valuation for a home when levying taxes.