Is an interest-only mortgage possible for expats in the Netherlands?
Yes, an interest-only mortgage is still possible for expats but only for part of the mortgage.
With this type, you pay only interest during the term and do not repay the loan. This keeps monthly costs low, but the debt remains outstanding at the end of the mortgage term.
Important points for expats:
- Often limited to a percentage of the property value
- Mortgage interest is not tax-deductible for new interest-only loans
- You need a clear repayment or refinancing strategy
You can read more about the potential downsides on the Risks page, especially regarding long-term affordability and retirement planning.
Which mortgage type is best for expats (first-time buyers)?
There is no single “best” mortgage type for every expat. That said, many first-time buyers choose for an annuity mortgage.
When choosing a mortgage, ask yourself:
- How long do I expect to stay in the Netherlands?
- Do I want stable monthly payments or lower total interest?
- How important is flexibility for future refinancing or selling?
Changes are always possible later through refinancing, for example if your income grows or your plans change.
If you’re buying your first home in the Netherlands, it’s important to look at your personal situation and future plans. Our guide on buying your first home explains the full process step by step.
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