Asset limits for housing benefit
For housing benefit (Wohngeld), it is not only income that counts – your assets are checked as well. The good news: generous exempt amounts apply, and if you stay below them, you do not have to use up your savings.
The protected asset limits
Savings of up to €60,000 for the first person in the household and €30,000 for each additional person are generally treated as harmless. Only if you are above these limits do your assets have to be taken into account.
Your home and pension savings stay protected
An owner-occupied property of appropriate size counts as protected assets and is disregarded. The same applies to a reasonable private pension provision.
What counts as assets
Assets include, among other things, cash, savings deposits, securities, investment funds and property that you do not use yourself. What matters is the value at the time of application.
The comparison is worthwhile The housing benefit exempt amounts are more generous than for many other social benefits. That is why housing benefit is often the right route for households with savings as well – your savings stay untouched.
Frequently asked questions
How much in assets can I have and still get housing benefit?
Savings of up to €60,000 for the first person and €30,000 for each additional person are generally disregarded. Owner-occupied property and a reasonable pension provision do not count.
Do I have to use up my savings before I can get housing benefit?
No. As long as your assets are below the exempt amounts, you do not have to use them up.
Does the flat I own and live in count as an asset?
No – an owner-occupied property of appropriate size is disregarded. It counts as protected assets.