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An affordable life mortgage via DGA The Hague

Also for a advantageous life 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 provide you tariffs offer those up to the lowest in the Netherlands belong.

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 a advantageous life mortgage via DGA Financial Advisors closed. Of course, we are also happy to help you!

The most important features of a life mortgage

There are two different types of life mortgage: the investment (insurance) mortgage, also known as a universal life policy, and the traditional life mortgage.

When taking out a (traditional) life mortgage, the following happens:

  • You borrow money to buy a home
  • And you take out life insurance

During the term of the mortgage, you pay monthly interest on the total amount borrowed. During the term, you will not repay any of the mortgage debt, but you will pay a monthly life insurance premium. This life insurance aims to repay the loan at the end of the term.

Savings and risk shares

The life insurance premium consists of a savings share and a risk part. The risk premium is used for life insurance and with the savings part, you save a sum of money over the life of the mortgage. For this, you will receive a guaranteed payout. In addition, the insurer adds an additional amount annually, for example in the form of profit sharing. The amount may vary from year to year. As a result, you do not have the certainty that the full amount has been accrued by the end date; however, both a deficit and a surplus can occur. When the mortgage expires, the accrued amount is paid out. With this amount, the mortgage is then repaid in whole or in part.

Return on life mortgage

Exactly how much the savings will yield is not known in advance, as this depends on the amount of profit sharing. However, a certain minimum return is usually guaranteed, so that you are assured of a minimum return at the end of the term. This is usually around 60% of the mortgage amount.

In practice, the realized return is usually higher, and normally the final capital is also sufficient to pay the entire mortgage debt. You can even have extra cash left over. But remember that you always run the risk of being left with residual debt.

For whom?

A life mortgage can be interesting if you find investments too risky and savings are too cautious. You run a limited risk. This type of mortgage is particularly suitable for a high income, because you can then take full advantage of the interest deduction.

Life Mortgage Benefits

  • You pay a fixed monthly fee
  • You can benefit from maximum interest deduction throughout the term, because you do not repay
  • If the realized return is high, you are building up more capital than necessary, hear the repayment of the mortgage debt

The disadvantages

  • In the variant where there is profit sharing, the final return may be too low to repay the entire debt and you will be left with residual debt.
  • You pay relatively high administrative costs