{"type":"document","data":{"contentType":"onecms:productPage","flexPageMetadata":{"afmBanner":false,"description":"With a mortgage that has a one month variable interest rate, the interest percentage remains fixed for one month and is automatically adjusted every month.","robotInstruction":{"noFollow":false,"noIndex":false}},"flexZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Characteristics of variable mortgage interest rate"},{"componentType":"paragraph","richBody":{"value":"<p>The interest rate equals the one-month <a href=\"https://www.ing.nl/particulier/hypotheek/actuele-hypotheekrente/euribor\">Euribor </a>rate for the chosen period plus a surcharge (the variable rate surcharge). The Euribor rate is a benchmark. The variable rate surcharge consists of variable components that can change at any time. Your mortgage offer specifies the surcharge and the conditions under which it may change.</p><p><strong>Good to know:</strong></p><ul><li>We set our variable interest rates on the 15th calendar day of each month. If that is not a working day we do it on the next working day. These rates then apply from the following month.</li><li>The rate is calculated to three decimal places.</li></ul>"}},{"componentType":"sectionTitle","title":"Conditions of variable mortgage interest rate"},{"componentType":"paragraph","richBody":{"value":"<ul><li>Variable interest is only possible for an Interest Only mortgage</li><li>A maximum of 25% of the total mortgage can be taken with a variable interest rate. This includes any Credit Mortgage loan portion.</li><li>The remaining 75% must have a fixed-rate period for at least 5 years.</li><li>Variable interest cannot be chosen after the end of a fixed-rate period or during a change in an ongoing fixed-rate period.</li><li>It is not allowed to convert an existing mortgage to (a product with) variable interest.</li><li>For variable interest, there is currently <a href=\"https://www.ing.nl/particulier/hypotheek/actuele-hypotheekrente/invloed-op-vaste-hypotheekrente\">no loan-to-value </a>requirement.</li><li>No <a href=\"https://www.ing.nl/particulier/hypotheek/actuele-hypotheekrente/actieve-betaalrekening-korting\">Active payment Discount</a> applies to variable interest.</li><li>Since 1 February 2016 ING no longer offers new <a href=\"https://www.ing.nl/particulier/hypotheek\">mortgages</a> with 2-month, 3-month, 6-month, 9-month, or 12-month variable interest rates.</li></ul>"}},{"componentType":"linkList","iconTitle":{"title":"More information"},"textLinks":[{"text":"Mortgage step by step","url":"/en/personal/expats/mortgages/mortgage-step-by-step"},{"text":"Mortgage advice in English","url":"/en/personal/mortgage/mortgage-advice"},{"text":"Plan orientation meeting","url":"/en/personal/mortgage/contact"},{"text":"Mortgage types","url":"/en/personal/mortgage/mortgage-types"},{"text":"Calculate your maximum mortgage","url":"/en/personal/mortgage/mortgage-calculator"},{"text":"Current mortgage rates","url":"/en/personal/mortgage/current-mortgage-rates"},{"text":"Advisory fees","url":"/en/personal/mortgage/advisory-fees"},{"text":"Property services","url":"/en/personal/mortgage/property-services"}]}]},"hasMacro":false,"id":"c46f2ac4-9b51-41b0-b521-b0aa47b0f90c","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Current mortgage rates","url":"/en/personal/mortgage/current-mortgage-rates"}},"componentType":"productHeader","coreHeader":{"body":"If you choose a mortgage with a one-month variable interest rate, the interest percentage remains fixed for one month and is automatically adjusted every month. Because the rate is only fixed for a short period, your monthly payments can increase or decrease quickly depending on market changes.","headerImage":{"extension":"jpg","original":"https://assets.ing.com/m/2a4d9f47094382b2/original/private-banking-1920.jpg","publishedAt":"2022-07-29T12:37:09Z","transformBaseUrl":"https://assets.ing.com/transform/a67c79a9-7a00-4321-ad76-71a3c4889ee4/private-banking-1920","type":"image","updatedAt":"2022-07-29T12:37:54Z","width":1920},"title":"Characteristics and conditions of variable mortgage interest rate"}},"publishDate":"2026-09-21T16:30:37.105+02:00"}}