Borgtochtprovisie
Bail commission is a fee you pay to a guarantor, usually a bank or other financial institution, when they guarantee your obligations, such as a loan or mortgage.
Here are the main aspects of bail-in provision:
Guarantor: The bank or institution guarantees your debt to the lender. For example, if you take out a mortgage and are no longer able to meet your payment obligations, the guarantor will pay off the debt (or part of it).
Commission: For this guarantee, the guarantor charges a fee, the bail commission. This is usually expressed as a percentage of the amount the bail is for.
Common situations: With an NHG (National Mortgage Guarantee) mortgage, you pay a bail commission to the Home Ownership Guarantee Fund Foundation. This is often a one-off amount when you take out the mortgage.
For business loans, a bail commission may be charged if a bank guarantees part of the loan.
The amount of the bailment fee can vary, depending on the conditions and risks assessed by the guarantor.
Good to know: From 2025, the maximum mortgage value with National Mortgage Guarantee (NHG) will be increased. You can then borrow up to € 450.000,- with extra security. In addition, the guarantor fee drops: from 1 January 2025, you will pay 0.4% of the mortgage amount instead of 0.6%.