Extra pension income with the equity release mortgage through DGA The Hague
Do you own a home with equity? And would you like additional financial flexibility? With the equity release mortgage (also known as a home equity mortgage) you can release part of the value of your home without selling it.
How does it work?
Decide on the amount
You decide how much you want to release: as a lump sum or as a monthly payment for extra income.
We assess your options
We look at the value of your home and any existing mortgage to determine how much you can release.
An additional mortgage alongside your current one
The equity release mortgage is an additional mortgage. You can take it out alongside your current mortgage, regardless of which bank holds it.
The advantages at a glance
Two examples of a monthly drawdown
After 10 years, at the end of the fixed-rate period:
Please note: the amounts above are examples. We assume a 10-year fixed-rate period, an interest rate of 2.9% and an unchanged property value. Please get in touch for a personalised calculation.
When is the equity release mortgage repaid?
The mortgage is repaid from the value of the home on the death of you or your partner, or when you decide to sell your home. Your heirs will never be left with a residual debt.
No-residual-debt guarantee
You never repay more than your home is worth. Your heirs do not inherit a debt.
Who is the equity release mortgage suitable for?
Frequently asked questions
Can I take out the equity release mortgage alongside my current mortgage?
Do I have to pay interest each month?
What if my home decreases in value?
How much can I release?
How long does the application take?
Curious how much you can release?
Our mortgage advisors are happy to prepare a personal calculation for you. No obligation, at our office or at your home.