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    7. Young Family Mortgage Relief Calculator

    Young Family Mortgage Relief Calculator

    Calculate tax savings from mortgage interest for young families

    Enter data

    Enter your income, loan principal and mortgage interest paid

    EUR
    EUR

    Relief applies only to interest on the first €51,129 of principal

    EUR

    Interest portion only, not principal payments

    Tax Savings

    Interest deduction:€1,917.34
    Tax rate:10%
    Your tax savings€191.73

    The loan exceeds €51,129 — relief applies only to interest on the first €51,129 of principal.

    Eligibility Requirements

    • 1.At least one spouse must be under 35 when the mortgage is signed
    • 2.The mortgaged home must be the family's only home during the year
    • 3.Relief applies only to interest on the first €51,129 of principal
    • 4.The couple must be in a civil marriage; the relief is claimed by one spouse or split 50/50

    Frequently Asked Questions

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    These calculations are for informational purposes only and do not constitute financial, tax, or legal advice. Consult a qualified professional for your specific situation.

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