NHG Mortgage Guarantee: How It Works, Costs & Benefits

Bard Haverkamp — July 2026

NHG (Nationale Hypotheek Garantie) is one of the best things available for Dutch homebuyers. Here's everything you need to know.

What Is NHG?

NHG is a government-backed insurance guarantee on mortgages up to €470,000 (€498,200 with energy-saving measures) (2026). If you default, the lender is compensated, protecting both parties. This allows favorable terms for borrowers.

How It Works

You pay a one-time guarantee premium (borgtochtprovisie) of 0.4% of the loan amount, paid once at closing. If you ever default, NHG covers the lender's loss. You're protected against foreclosure for this amount. Win-win insurance.

Eligibility Requirements

  • First-time homebuyers (mostly)
  • Maximum down payment 20%
  • Primary residence only
  • Loan under €470,000 (€498,200 with energy-saving measures)
  • Reasonable income level

Benefits

  • Interest rates 0.2-0.5% lower than non-NHG mortgages
  • No costly private mortgage insurance
  • Easier bank approval
  • Protection if housing market crashes (no forced sale if negative equity)
  • Peace of mind for both parties

Costs

0.4% premium paid once. Typically €1,600-€1,900 for a €400,000-€470,000 mortgage. Easily recouped through lower interest rates.

Is NHG Right for You?

Yes, for virtually all first-time buyers under the limit. It's the best deal available for qualifying borrowers.

Frequently Asked Questions

What is the maximum mortgage amount covered by NHG in 2026? €470,000, or €498,200 if energy-saving measures are included in the mortgage.

How much will the NHG premium cost me? A one-time payment of 0.4% of the loan amount — typically €1,600 to €1,900 for a mortgage between €400,000 and €470,000.

What happens if I can't repay an NHG mortgage after a market downturn? NHG protects you against a forced sale at a loss — you are not left with a residual debt in situations covered by the guarantee.

Who is eligible for NHG? Mostly first-time buyers purchasing a primary residence, with a maximum down payment of 20% and income within the applicable limits.

Haverkamp Real Estate