Down Payment for Home Buying: How Much Do You Need? 2026
The down payment (own contribution) is one of the biggest hurdles for first-time buyers. Here's what you need to know in 2026.
Minimum Requirements
In the Netherlands, lenders typically require a down payment of 10-20% of the home price. However, first-time buyers can sometimes get mortgages with as little as 5-10% down, especially if they have good income and credit.
Total Costs to Budget For
| Cost Category | Amount |
|---|---|
| Down payment (10%) | €40,000 (on €400k home) |
| Notary costs | €2,000-€4,000 |
| Appraisal fee | €500-€800 |
| Insurance | €200-€400 |
| Registration/taxes | €800-€2,000 |
Total Initial Capital Needed
For a €400,000 home with 10% down, you need approximately €45,000-€50,000 in total capital (down payment + closing costs).
Ways to Improve Your Position
- Save aggressively for 1-2 years to build down payment
- Get family support (gift funds are allowed)
- Look for homes below current max budget to require less down payment
- Improve your income/employment stability before applying
First-Time Buyer Programs
Some lenders offer first-time buyer programs with lower down payments. Tax benefits and NHG (mortgage guarantee) can also reduce effective costs.
Frequently Asked Questions
How much down payment do Dutch lenders typically require? Usually 10-20% of the home price, though first-time buyers with strong income and credit can sometimes secure a mortgage with as little as 5-10% down.
What other costs should I budget for beyond the down payment? Notary costs, appraisal fees, insurance, and registration/taxes — together with your down payment, expect roughly €45,000-€50,000 in total capital for a €400,000 home with 10% down.
Are gift funds from family allowed toward a down payment? Yes, gift funds are allowed and can help improve your buying position.
Can NHG help reduce my effective down payment costs? Yes — NHG (mortgage guarantee) along with available tax benefits can help reduce your effective costs, alongside first-time buyer programs some lenders offer.