When acquiring your first principal residence in Luxembourg, you will benefit from a € 20,000 tax deduction on registration fees, per person. Therefore, if you buy together, the tax deduction can amount up to € 40,000.
Monthly income is the household after tax monthly income including salaries, rents and other recurring revenues. This includes any received alimony.
Please enter a value between 1000 € and 5.000.000 €
Monthly debt charge is your monthly debt payments relative to buy-to-let loans, car loans and student loans, as well as family charges (child support, alimony, nursery and school fees) but excluding current mortgage payment, unless you make this simulation to estimate your capacity to make a buy-to-let investment
The down payment is the initial payment when you buy your home on credit. If you enter a 100% down payment, this means you will buy the home cash.
Please enter a value between 100.000 € and 5.000.000 €
Off-plan means buying it before it's been built »
If you have already used your tax deduction on registration fees (fully or partially), when you acquired a previous principal residence in Luxembourg, enter the amount of tax deduction already used here. The amount cannot exceed 20,000 € if you are buying alone and 40,000 € if you buy together with someone else.
It is likely that you will not be able to take out a mortgage because your monthly disposable income is less than € 1,200 (or € 2,000 if you are married). However, you should contact your bank to analyze your situation in more detail.
The Available Reserve is the amount of money that we believe we need to have available over and above the initial costs in order to be able to commit to the purchase of the property in the event of an unexpected event. We believe that 3 months of monthly mortgage repayments is a comfortable reserve.
This tool is provided for information only and it is possible that significant variations may be observed depending on the bank, the notary and / or the buyer's situation