Calculate your mortgage for graduates.

Are you at the start of your career and have you just completed a degree at university of applied sciences or university level? Then you can often get a larger mortgage than a standard calculation shows. For graduates, providers take your expected income growth into account. Calculate your options above and read below how it works.

How does the mortgage for graduates work?

With an ordinary mortgage application, the bank mainly looks at your current salary. For graduates, and certainly for first-time buyers and young professionals, that gives a distorted picture: your income at the start of your career is usually a good deal lower than it will be a few years later. Some providers take that into account and calculate with your future income instead of only your salary today.

Graduates are an attractive group for banks. They generally have a strong position in the labour market and a favourable financial outlook. As a result, the bank estimates the chance of payment problems to be lower than average, and there is room to borrow more.

Why can you often borrow more?

Your maximum mortgage is determined by the part of your income that you can spend on housing. If you calculate with a higher, future income, that amount rises with it. For someone who has just graduated, that can make the difference between being able to buy a home in the desired price range or not.

Also with a temporary contract

Many first-time buyers still work on a temporary contract. The persistent idea that you cannot get a mortgage in that case is not true. It is often possible, for example with a letter of intent from your employer, or precisely on the basis of your income outlook instead of your type of contract.

This also applies to a PhD candidate or PhD student. A PhD candidate carries out scientific research at a university and is working towards the academic degree of doctor. Although this involves a temporary position, the level of education and the future outlook are taken into account, which means a mortgage is certainly possible.

Which providers offer this?

Not every provider calculates with your future income, and the conditions differ per provider. One bank works with an outlook statement, another has its own scheme for first-time buyers or graduates. It therefore pays to have the providers compared. An independent adviser knows which providers offer this option and which one best suits your situation.

Frequently asked questions

What is an outlook statement?

An outlook statement (perspectiefverklaring) is a substantiation of your expected income development, based on your education, your profession and labour market data. A number of providers use it to let you borrow more than your current salary allows, even without a permanent contract.

Do my education and diploma count?

Indirectly, yes. Your level of education partly determines your expected income growth, and it is precisely that growth that often allows you to borrow more as a graduate.

Can I get a mortgage with a temporary contract?

Yes. With a letter of intent from your employer or on the basis of your income outlook, a mortgage with a temporary contract is possible in many cases. PhD candidates and young professionals can also make use of this.

How much more can I borrow as a graduate?

That differs per situation and per provider. Because your future income is taken into account, the difference can add up to thousands of euros in extra borrowing capacity. Calculate your situation with the tool above and then have it worked out to fit your circumstances.

Expert mortgage advice

Curious how much you can borrow as a graduate? Calculate your maximum mortgage above and request a free, no-obligation consultation with a mortgage adviser from HypotheekBerekenen.nl.