Also for an advantageous credit mortgage DGA Financial Advisors is the place to be. Together with you, we will find the mortgage that best suits your personal situation. Our experienced advisors are happy to help you!
Because DGA The Hague works completely independently and is therefore not bound to any bank or insurance company, you are assured of objective advice. In addition, we can offer you tariffs that are among the lowest in the Netherlands.
You are always very welcome at our office in The Hague. Or would you prefer one of our advisors to visit you? Then we would be happy to make an appointment with you!
Many customers in The Hague, Scheveningen, Voorburg, Leidschendam, Voorschoten, Stompwijk, Zoetermeer, Nootdorp, Rijswijk, Wassenaar, Pijnacker, Delft and Wateringen have obtained an advantageous credit mortgage through DGA Financial Advisors. Of course, we are also happy to help you!
The credit mortgage is the most flexible type of mortgage available. It works like a bank account where you can “overdraft”. The amount (the limit) is now just a lot higher. Just like a regular bank account, you can withdraw and deposit funds. As long as you don't exceed the limit amount. Each month, you pay a fee on the amount you have withdrawn: the interest. How high the amount you can withdraw (may be 'red') depends mainly on the value of the house.
A credit mortgage used to be very attractive because all interest payments could be deducted from the tax. Now, that no longer applies in all cases. Do you use the credit mortgage to purchase, maintain or improve your home? Then the interest you pay is fully deductible for income tax. But if you use the credit mortgage for consumer purchases, such as a car, a boat or a caravan, the interest is not deductible.
The interest rate may be a reason to take out a credit mortgage anyway, for consumer purposes. This is because the interest rate is lower than the interest on a 'normal' cash loan. This is because the house serves as collateral for the mortgage lender. By the way, the interest rate for a credit mortgage is usually not fixable for a longer period of time.
A credit mortgage is often taken out by people who (temporarily) need extra money, for example for a renovation. This type of mortgage is also popular among older people. They can thus partly convert the excess value of their home into money as a retirement provision.
