Since 2013, there are two main types of mortgages; an annuity mortgage and a linear mortgage.

The main characteristics of an annuity mortgage is that the monthly payments remain the same. At the beginning you will pay more interest and in the end you will pay more repayment. Because the interest is tax-deductible, you will pay less at the beginning than in the end.

The main characteristics of a linear mortgage is that the loan is repaid monthly in equal instalments. As a result will the amount of interest decreases every year. Over the whole term a linear mortgage will cost you less money on interest compared to a annuity mortgage.