When you buy a house, you need a mortgage. This is a loan you use to pay part or all of the purchase price of the house. There are different types of mortgages. The most common are annuity and linear mortgages.

The type of mortgage you choose affects:

• How much you pay each month. 
• How the balance between interest and repayment looks.
• What your total interest costs are.
• Whether you still have to repay an amount at the end of the term.

In the Netherlands, the annuity and linear mortgage are suitable for everyone, including first-time buyers. There is also the interest-only mortgage.

• Annuity mortgage: You pay the same amount every month. This amount includes both interest and repayment of the loan. Over time, the balance changes. You start by paying more interest and less loan repayment. Later on, you pay less interest and more loan repayment.
• Linear mortgage: You pay a fixed amount of the purchase price every month. On top of this, you pay interest. At first, the interest is higher since it's calculated on the total debt. As you pay back more of the debt over time, the interest rate drops.
• Interest-only mortgage: You only pay interest and repay the loan at the end of the term. This type is only allowed under strict conditions. This type is often combined with one of the other mortgages.

That depends on your personal situation. What is your current income? How much savings do you have? What are your plans for the future? Ask your mortgage advisor for more information. They will figure out which option suits you best.