You can apply for the stimulus loan with a consumer loan. This means you take out a personal loan, rather than using your home as collateral. The loan has a maximum term of 10 years, has an interest rate of 2.5% (previously 2.8%), is provided through a construction deposit and is always annuity-based. The following Requirements apply to the consumer incentive loan:

• in the case of two or more owners, together they count as applicants, where one of the two owners is under 76 years of age;
• if you want to apply measures to enable you to live at home independently for longer (think of the accessibility of the home, for example), one of the two owners is at least 50 years old. For the other measures, this age requirement does not apply;
• You live in the municipality of Nuenen c.a. for at least one year;
• the amount of the loan is a minimum of €2,500 and a maximum of €15,000 (including VAT);
• the work to implement the measures must not have started before the loan is granted.

The table below shows what the actual costs may be if you want to take out an incentive consumer loan.

Examples incentive loan consumer

Loans from €2,500 to €15,000 with a maturity of 10 years, interest rate 2.80%

Note that this calculation example is based on an interest rate of 2.8%. Since July 2022, the interest rate has been lowered to 2.5%. The calculation example will be adjusted accordingly.

* Interest is fixed throughout the term. Interest may be eligible for tax deductibility. Consult the Internal Revenue Service for more information.
** This is the total cost of taking out and repaying your loan.
*** These are the total cost of the loan, expressed as an annual percentage of the total loan amount.