My Mortgage story
Knowing what I know now, would I change my decisions made in the past? Let’s have a look at my story when buying my first home!
Mortgage
Renting is throwing your money away?
Should you buy or rent a home? It is a difficult decision that most people just assume in the benefit of buying, because that’s what everyone wants right? Let’s find out.
Getting rid of your mortgage
Ever wondered why you need to keep paying for 30 years for a house you supposedly own? More and more people are wondering the same and have started paying off their mortgages early to live a mortgage-free life. Are lower monthly payments the holy grail and should everyone just pay off their mortgage as soon as possible? You guessed it, probably not, let’s have a look at pre-paying your mortgage.
Obligations destroying your mortgage opportunities
You want to buy a house, but have student loans or an ex-partner taking half your pay check every month? This might severely impact your purchasing power, more than you might realize. Read on to find out more!
How mortgage insurance can protect you, and why you might want to avoid it
Downpayments, mortgage insurances – perhaps you’ve heard about them – but do you know what their relationship is and what are the pros and cons? Let’s have a look!
Tax breaks for homeowners
Becoming a homeowner for the first time, you might not be aware of all the different tax breaks exist – here we look at the ones currently in affect in the Netherlands (2020).
Fixing interest rates – what’s the best?
To fix or not to fix – if so, how long? That is the question! Especially with interest rates at an all time low – people are jumping to fixing their interest rate for long periods, but is this wise?
Different mortgage types explained
Whether or not it is easy to buy a house, reality for most will be that they need help in the form of a mortgage. Let’s start with exploring the basic types of mortgages for a home.
What mortgage term is best?
When it comes to loans, mortgages tend to be some of the longest running loans someone might get. However, how long should it be? What are the advantages to a 30-year mortgage compared to a 15-year mortgage? These are some of the mortgage basics we will touch on in this article.
Things I wish I knew sooner about mortgages
Starting to look to buy a new house for the first time? Overwhelmed by the types of decisions and underwhelmed by your knowledge about these topics? I knew I was! This article is to give an overview of basic mortgage philosophies and regulations.