When someone becomes unemployed or incapacitated, the income drops considerably. This may result in not being able to pay the fixed housing costs anymore.
Despite all the positive messages unemployment continues to rise. In case of a job loss a net income of €2,000 decreases to €1,400. Moreover, the number of people on benefits because of disability in the Netherlands is higher than 800,000. During disability an income could fall from €2,000 to €1,500. Home owners often get into difficulties because of this loss of income.
It’s good to take a moment to reflect on something you’d rather not think about. Luckily, there’s the Mortgage Relief Policy of BNP Paribas Cardif to insure your mortgages costs.
Calculate how much your income goes down and see what you can do about it at www.bnpparibascardif.nl