Hi,

I would like to get an impression from any of you about if it is worthy to buy a place in stead of to rent one for maybe few more years staying in NL.

Our monthly bruto income is roughly 6800euros. The tax is, not sure, about 2000. How much can we possibly get tax return if for instance we get 200,000 euros loan?

I think the amount of the tax returned must be relates to how much morgage is and how many year the morgage is supposed to be paid back.

But how much range it can be roughly?

Thanks.

I think it's impossible to say....but not sure.

Let's wait and see what the others say but here's my 2 cents:

My returns were about 1/3 of my interest.

Best is to download the electronic taxform that applies to you here:
http://www.belastingdienst.nl/variabel/bui...nd/en/download/
I think you can just fill in the stuff that matters. Takes no longer than 10 minutes. And then you'll have your answer.


The government pays part of your mortgage for max 30 years. But if it's fewer years, they won't pay more.
The government only pays part of you RENTE (interest), so when you get advise on the type of mortgage you want, you can choose whether you want to pay off the mortgage asap or to let the government pay you as much as possible. In the latter case you will only pay RENTE and not pay off your house.

But I see you are under the 30% rule so maybe different rules apply.....

O, and whether it's better to buy a house or to rent....

It depends on your trust of the Housing market. Interest is rising so it's more expensive than before to loan. Plus the average houseprice in May was 1.3% lower.
You have to be sure to at least break even when leaving Holland. I think the IMF said that House prices in England, Spain and Holland were not realistic and about to burst.

So is this the right time or not?

Indeed, we don’t have 30% ruiling. We got no situation to get to get back some huge income tax we’ve been paying years.
If like what HAL2000 said that to pay only part of mortgage and the let government (deduction of tax?) pay the rest is better way to arrange living space in NL when plan to live here long. But the question is: if we leave NL in few years, let’s say in 5 years, and we have to sell the house, we do need to pay tax for selling “properties”, right? Is this even higher than what we get back from our income tax?

I heard that there is a time limit for a lender to sell the house. How long after taking a mortgage may a lender be allowed to sell the house? Does the money lender get us a fine if we want to sell the house earlier?