{"id":1671,"date":"2024-06-07T13:01:45","date_gmt":"2024-06-07T13:01:45","guid":{"rendered":"https:\/\/hypotheekenbuitenland.nl\/belgium\/duration-and-age-belgium\/"},"modified":"2024-06-07T14:32:34","modified_gmt":"2024-06-07T14:32:34","slug":"duration-and-age-belgium","status":"publish","type":"page","link":"https:\/\/hypotheekenbuitenland.nl\/en\/belgium\/duration-and-age-belgium\/","title":{"rendered":"Duration and Age Belgium"},"content":{"rendered":"

Duration and Age Belgium<\/h1><\/div><\/div><\/div><\/div><\/div>
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Duration and Age<\/h2><\/div>

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Regarding the age aspect, the financing culture in Belgium is different from that in the Netherlands. The maximum age at which a mortgage must be terminated is at age 70<\/sup> or 75<\/sup>. This aspect has an impact on the maximum term and therefore the feasibility of a mortgage application. <\/strong><\/p>\n

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<\/i><\/i><\/span>Duration<\/span><\/a><\/h4><\/div>
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For non-resident buyers, terms of 20 or 25 years are common.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Feasibility application<\/span><\/a><\/h4><\/div>
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The age at which a mortgage is applied for has an impact on the maximum amount that can be borrowed. This is because the maximum amount to borrow is lower when the monthly payments are higher. And monthly payments are higher with a mensual (annuity) mortgage when the term is shorter.<\/p>\n<\/div><\/div><\/div><\/div><\/div>