€700,000 Property Transfer Tax & Mortgage in Groningen (2026)
Purchasing a €700,000 residential property in Groningen, Netherlands incurs €14,000 in Overdrachtsbelasting (2% Owner-Occupied) plus €2,800 in notary and land registry fees. With a 20% deposit (€140,000) and a 25-year mortgage at 3.80%, your monthly payment is €2,894/month.
Monthly Mortgage (25Y)
€2,894/mo
Loan: €560,000 @ 3.80%
Property Transfer Tax
€14,000
Overdrachtsbelasting (2% Owner-Occupied)
Notary & Registry
€2,800
Total Closing: €16,800
Total Cash Needed
€156,800
20% Deposit + Closing Tax
Complete Closing Cost & Mortgage Amortization Table
| Property Purchase Price | €700,000 |
| Overdrachtsbelasting (2% Owner-Occupied) (2.00%) | €14,000 |
| Notary & Land Registry Fees | €2,800 |
| Total Non-Recoverable Closing Costs | €16,800 |
| 20% Down Payment (Deposit) | €140,000 |
| Total Upfront Cash Required at Closing | €156,800 |
| Mortgage Principal Financed (80% LTV) | €560,000 |
| Monthly Principal & Interest (25 Years @ 3.80%) | €2,894.40 / month |
| Total Interest Over 25 Years | €308,319 |