Mortgage lenders tell you that buying a house is cheaper then renting a house. But is that really true?
MORTGAGE or RENT gives you the answer if you pay taxes in The Netherlands. The results will not always be what you expected. This is because MORTGAGE or RENT looks further then only the current interest rate of the mortgage, monthly expenses or your net disposable income. You will find out that other financial issues have great influence on the outcome. At least, if everything is properly and consistently calculated which MORTGAGE or RENT does for you.
An important starting point, for example, is whether you save or not at this moment. An other important starting point is, among other things, your desired retirement age. Many mortgage lenders assume in their calculations that you will continue to work until you receive state pension. You only have to look around to know that this is an utopia in practice.
MORTGAGE or RENT automatically calculates which type of mortgage - Linear or Annuity - ultimately works out the best for you. Here too, the app goes further than most mortgage lenders. The app makes transparent calculations including calculations of your future surpluses and / or shortages, resulting in a truthful financial future projection. By comparing these results, MORTGAGE or RENT can determine the most favorable form of mortgage. MORTGAGE or RENT is therefore a real calculation tool, but the app does not give you advice. There can always be individual circumstances to opt for another option.
This app can't look into the future so it has no knowlegde about increasing or decreasing future mortgage interest rates. MORTGAGE or RENT also does not know whether there will be tax interest deduction in the future for mortgages or what your actual retirement age will be in the future. MORTGAGE or RENT can calculate the financial principles you have chosen - such as the tax interest deduction or the amount of state pension - very accurately and transparent for the future. This gives you insight into the effects of the financial principles. Here you can take advantage because it makes it easier for you to make choices when determining the most suitable type of housing.
If you install MORTGAGE or RENT for the first time, you will have the Basic version which is free of charge. You can choose in the app to purchase the Pro version. The Pro version gives you extra functionality for a year and gives you the possibility to enter an inflation rate, as well as a reduction rate for living the living costs after retirement. You can also choose a PDF report with the Pro version that you also can print out. Because the results of MORTGAGE or RENT are influenced by the applicable Dutch tax and social legislation, the app receives a major update every year in the first quarter. The use of an old version is therefore not recommended and it is strongly advisable that you always install an available update.
MORTGAGE or RENT gives you the answer if you pay taxes in The Netherlands. The results will not always be what you expected. This is because MORTGAGE or RENT looks further then only the current interest rate of the mortgage, monthly expenses or your net disposable income. You will find out that other financial issues have great influence on the outcome. At least, if everything is properly and consistently calculated which MORTGAGE or RENT does for you.
An important starting point, for example, is whether you save or not at this moment. An other important starting point is, among other things, your desired retirement age. Many mortgage lenders assume in their calculations that you will continue to work until you receive state pension. You only have to look around to know that this is an utopia in practice.
MORTGAGE or RENT automatically calculates which type of mortgage - Linear or Annuity - ultimately works out the best for you. Here too, the app goes further than most mortgage lenders. The app makes transparent calculations including calculations of your future surpluses and / or shortages, resulting in a truthful financial future projection. By comparing these results, MORTGAGE or RENT can determine the most favorable form of mortgage. MORTGAGE or RENT is therefore a real calculation tool, but the app does not give you advice. There can always be individual circumstances to opt for another option.
This app can't look into the future so it has no knowlegde about increasing or decreasing future mortgage interest rates. MORTGAGE or RENT also does not know whether there will be tax interest deduction in the future for mortgages or what your actual retirement age will be in the future. MORTGAGE or RENT can calculate the financial principles you have chosen - such as the tax interest deduction or the amount of state pension - very accurately and transparent for the future. This gives you insight into the effects of the financial principles. Here you can take advantage because it makes it easier for you to make choices when determining the most suitable type of housing.
If you install MORTGAGE or RENT for the first time, you will have the Basic version which is free of charge. You can choose in the app to purchase the Pro version. The Pro version gives you extra functionality for a year and gives you the possibility to enter an inflation rate, as well as a reduction rate for living the living costs after retirement. You can also choose a PDF report with the Pro version that you also can print out. Because the results of MORTGAGE or RENT are influenced by the applicable Dutch tax and social legislation, the app receives a major update every year in the first quarter. The use of an old version is therefore not recommended and it is strongly advisable that you always install an available update.
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