How does the Dutch mortgage interest deduction (hypotheekrenteaftrek) work?

Question

Accepted Answer

Dutch homeowners can deduct mortgage interest payments from Box 1 income, reducing their income tax bill. This deduction, called hypotheekrenteaftrek, applies to the interest on a mortgage used to buy, improve, or maintain a primary residence (eigen woning).

The deduction is only available for annuity or linear (straightline) mortgages taken out after 1 January 2013. Older interestonly mortgages taken before that date may still qualify under transitional rules. The deduction is limited to the m

Categories

Property

How does the Dutch mortgage interest deduction (hypotheekrenteaftrek) work?