Caution! You are investing outside of AFM supervision. No licensing requirement for this activity.

Caution! You are investing outside of AFM supervision. No licensing requirement for this activity.

Caution! You are investing outside of AFM supervision. No licensing requirement for this activity.

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Caution! You are investing outside of AFM supervision. No licensing requirement for this activity.

Buying a vacation home with a surplus value

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  • Buy a holiday home with a surplus value
Choice of 19 vacation parks
Large selection of summer cottages
Enjoy vacations at home

Buying a vacation home with excess value of your home: a dream within reach

Do you dream of owning your own vacation home? A nice place where you can retreat into nature, experience complete tranquility, or just enjoy lively vacation seasons - all while potentially earning an attractive return by renting out your vacation home when you are not staying in it yourself. For many, this may seem like an unattainable dream, especially due to the significant investment required to purchase a vacation home. But what if we told you that your current home could be the key to making this dream a reality?

Here you will read about the possibilities of using the excess value of your current home to purchase a vacation home. We explain how you can effectively use your excess value, what financial constructions are possible, and the pros and cons of buying a vacation home with excess value.

View all vacation homes
Recreation park Beekbergen - Veluwe Hoeve 4 persons - 157 - Exterior - 2
Recreatiepark Beekbergen - Module Special Eco 6 persons - 81 - Interior - Living room - 3
Bospark Ede - park - Silva - playground - 1
Bospark Ede - Module Exclusive - 4 persons - 116 - Exterior - Zibber - 7
Residence Lage Vuursche - Sauna - 1
Recreatiepark Beekbergen - Module Limited Edition 6 persons - 235 - Exterior - 1
Residence Lage Vuursche - Lodge Royal Eco 4 persons wellness hot tub - Interior - Dining room - 4
Park Westerkogge - Module Special 6 perons - 201 - Exterior.

Financing a vacation home

There are several options for financing your vacation home, but buying a vacation home is no small financial decision. Whereas some buyers are lucky enough to be able to afford it from their own resources, others depend on financing. In the Netherlands it is possible to take out a mortgage for a holiday home with a number of lenders, but this comes with conditions. For example, you often have to put in an amount of your own funds and pay a higher interest rate because the vacation home serves as collateral.

The possibilities of using your surplus value

An alternative way to finance your vacation home is to use the excess value of your current home. Surplus value is the difference between the market value of your home, determined by an appraisal report, and the outstanding mortgage amount. This excess value can be used to purchase a vacation home. However, it is important to have sufficient excess value available to take out the new loan responsibly.

You can withdraw your excess value by taking out an additional mortgage or by increasing your current mortgage. This new loan falls under "consumer loan" and is taxed in Box 3. Another option is to sell your current home, live smaller or rent and use the excess value of this to buy a vacation home.

Advantages and disadvantages of buying vacation home with excess value of your home

Advantages

Buying a vacation home with excess value from your current home brings several benefits, in part because the new loan is taxed in Box 3.

  • The first advantage is that, if you increase your current mortgage to finance the vacation home, you may not be required to repay it, often reducing the mortgage burden.
  • The second advantage is that you may be able to finance up to 100% of the assessed value of your current home for your vacation home. This leaves you with sufficient financial room available for the purchase of your vacation home.
  • A third advantage is that there are no additional collateral requirements, which simplifies the process.
  • The last, and by no means least, advantage of purchasing a vacation home with a surplus value is that you can use the vacation home itself to relax with your partner or family.
There are other important advantages when you own your own vacation home. Curious? You can read these here!

Disadvantages

In addition to the advantages of buying a vacation home with a capital gain, buying a vacation home with a capital gain also has some disadvantages. One of the disadvantages is an interest rate risk. If interest rates rise, your charges increase and the cost of your mortgage may increase, which can reduce profitability (if the vacation home is used as an investment).

We provide more information on points of interest when buying a vacation home on this page.

Personal advice

Every situation is unique, which is why personal advice is essential when buying a vacation home with excess value. Our sales advisors can explore the possibilities with you and advise you on the best approach for your situation.

Are you curious about what is possible in your situation? Then schedule a non-binding consultation with one of our sales advisors and take the first step toward your dream: owning a vacation home.

Or request the brochure first