National Mortgage Guarantee: What Does It Cost?
When purchasing a home, you can take out a mortgage with the National Mortgage Guarantee (NHG). With NHG, you face less risk as a homeowner and benefit from an interest discount. NHG provides additional security to the lender, ensuring that the mortgage will be repaid. You can take out an NHG mortgage for a maximum loan amount of €470,000 (in 2026).
NHG Costs
To take out a mortgage with NHG, you pay a one-time fee, known as the guarantee fee. In 2026, this is 0.4 per cent of the total mortgage amount. In return for the security NHG provides, lenders offer an interest discount on the mortgage, which can amount to as much as 0.6 per cent per year.
NHG and Mortgage Types
For first-time buyers, both mortgage interest tax relief and an NHG mortgage are only available if the mortgage is repaid on an annuity or linear basis within a maximum of 30 years. Other types of mortgages have not been permitted under the National Mortgage Guarantee for first-time buyers since 1 January 2013.
Another NHG requirement is that the maximum mortgage amount cannot exceed 100 per cent of the property's market value. In the case of energy improvements, you can borrow up to 106 per cent of the market value.
Would you like to purchase a home with NHG? Our mortgage advisors can provide all the information about the costs and benefits of NHG.
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