Obviously, if you have the money available, you can use it to pay for the energy-saving measures directly. You don’t incur any debt, and you don’t have to pay interest, which you would have if you were to take out a loan or mortgage. This reduces the overall costs and you don’t have to factor in extra monthly expenses.
On the other hand, after renovating, you will have less money available for unforeseen expenses. Having a buffer for emergencies is always good for your peace of mind.
"}},{"title":"Nationaal Warmtefonds","richBody":{"value":"As an initiative of the national government, the National Heat Fund has been helping to accelerate the energy transition since 2013. This is a collaboration between the government and various banks, including ING.
With the energy savings loan you can borrow money at favourable conditions for insulation, solar panels and a heat pump. Handy if you don't have enough savings.
If you do not have enough own (savings) money, you can apply for a Personal Loan for the financing. The interest rate on a Personal Loan is usually higher than the interest rate of a mortgage, but the term is shorter and there are no additional costs such as for advice, notary, valuation or closing.
How does a Personal Loan work?
You request an amount and desired duration, we will see if it suits your financial situation. The loan amount, the loan purpose and your personal situation determine the interest you pay on it, which is fixed. This way you know exactly where you stand beforehand. Planning energy-efficient renovations? Then you'll get a lower interest rate.
Loan amount: € 2,500 - € 75,000
Duration: 6 - 120 months
You are over 18 and under 70 years old
Making your home more sustainable can be done by increasing your mortgage. The amount by which you can increase your mortgage at ING depends on your income, obligations and the (over) value of your house. However, there is extra lending space for making your home more sustainable. This allows you to increase up to 106% of your house value under certain conditions (in Dutch).
When you take out an increased mortgage, you pay handling costs and possibly consultancy costs (link in Dutch), valuation or notary costs. A mortgage advisor can definitively calculate what your increase may be and what the costs are. You can schedule a free orientation conversation for this.
Investments in energy-saving measures are often too low to obtain (or increase) a mortgage and the related costs alone.
You can save advice costs when increasing your mortgage by increasing without advice (verhogen zonder advies). For this, some conditions apply and you determine the impact of the increase yourself.
"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/hypotheek-verhogen","text":"Learn more about increasing your mortgage (link in Dutch)"}]}]},{"componentType":"sectionTitle","title":"Questions? Schedule a free orientation conversation."},{"componentType":"paragraph","richBody":{"value":"Do you want to know more about the possibilities for your personal situation? For example, in a free orientation conversation with an ING mortgage advisor you discuss what you can borrow to the maximum. And what monthly costs are associated with this. When scheduling, you choose when and where you want the conversation. For example, it can be done at home via an image conversation or at an ING office. It is also possible in the evening and on weekends.
"}},{"componentType":"cta","textLink":{"url":"/en/personal/mortgage/contact","text":"Plan a conversation here"}},{"componentType":"paragraph","richBody":{"value":"Or contact your intermediary.
"},"textLinks":[{"url":"/particulier/hypotheek/hypotheekadvies/advies-onafhankelijk-adviseur","text":"Choose from 2,700 advisors throughout the Netherlands"}]},{"componentType":"sectionTitle","title":"Government subsidies for sustainability improvements"},{"componentType":"paragraph","richBody":{"value":"The government encourages sustainable construction and retrofitting existing homes, and makes investing in energy-saving measures financially attractive. Examples are the subsidy schemes for insulation improvements, heat pumps or solar water heaters. You can also apply to the Nationaal Warmtefonds for a sustainability loan.
"},"textLinks":[{"url":"/particulier/hypotheek/duurzaam-wonen/overheidssubsidies","text":"Check out the government subsidies"}],"alignedImage":{"transformBaseUrl":"https://assets.ing.com/transform/ad83ddc7-b3fe-448a-8f9b-f76ffd6dc54b/Large_Web-and-Screen-Three-young-girls-peek-over-ledge-smiling","original":"https://assets.ing.com/m/5b51ed4362897aa4/original/Large_Web-and-Screen-Three-young-girls-peek-over-ledge-smiling.jpg","extension":"jpg"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"What is a construction depot?","richBody":{"value":"A building depot is a special account with your mortgage with which you pay the costs of a new build home (the land and construction periods), a renovation or sustainability measures. You use the money in your building depot to pay the invoices of contractors and other suppliers yourself. There are different rules attached to a building depot.
"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/bouwdepot","text":"Read more about the construction depot"}]},{"title":"What is a sustainability depot?","richBody":{"value":"Do you want to borrow money to make your home more sustainable and only use it for legally permitted energy-saving measures? Then you qualify for a sustainability depot. The money in a sustainability depot can only be used for the following energy saving measures, or a combination of them:
You cannot use the money from the sustainability depot for a home battery, HR central heating boiler, solar water heater, energy-efficient lighting or underfloor heating.
"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/bouwdepot","text":"Read more about the sustainability depot"}]},{"title":"What's the difference between a sustainability depot and a construction depot?","richBody":{"value":"There is extra lending space if you want to make your house more sustainable. Based on the house value you can then borrow more. We put that extra money to pay for sustainability measures in a sustainability depot. The money in a sustainability depot can only be used for legally permitted energy-saving measures.
Do you not use the funding for energy-saving measures, but for example to pay for the construction periods (new build), for a renovation or other renovation of your house? Then your loan space is lower and the money is in a construction depot.
"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/bouwdepot","text":"Read more about the construction depot"}]},{"title":"When do you get a construction depot?","richBody":{"value":"If you are eligible for an increase in your mortgage, we will put the money in a separate account with your mortgage. The relevant account can be a construction depot or a sustainability depot. This depends on your personal situation and the purpose of the money.
For example, you can use the money in a sustainability depot only for legally permitted energy-saving measures, but you do have more borrowing space.
"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/bouwdepot","text":"Read more about the construction depot"}]}]},{"componentType":"linkList","iconTitle":{"title":"More about sustainable living"},"textLinks":[{"url":"/en/personal/mortgage/sustainable-living/financing-sustainable-renovation","text":"Financing"},{"url":"/en/personal/mortgage/sustainable-living/government-subsidies","text":"What subsidies are available?"},{"url":"/en/personal/mortgage/current-mortgage-rates/the-energy-label-and-your-mortgage-interest-rate","text":"The energy label and your mortgage interest rate"},{"url":"/en/personal/mortgage/sustainable-living/energylabels-for-homes","text":"Energy labels explained"},{"url":"/en/personal/mortgage/your-mortgage/building-fund-account","text":"How does a building fund work?"},{"url":"/en/personal/mortgage/mortgage-types/buying-a-sustainable-house","text":"Mortgage for a sustainable home"},{"url":"/en/personal/mortgage/sustainable-living/more-green-around-the-house","text":"More green around the house"},{"url":"/en/personal/mortgage/sustainable-living/home-battery","text":"Home battery"}]},{"componentType":"paragraph","title":"Good to know","richBody":{"value":"The English text of the website is a translation of the Dutch original version. This translation is intended for the customers convenience only. In case of any discrepancies between the two versions, the original Dutch version shall prevail. The mortgage offer and contract will be signed in Dutch. Also, all further communication after signing the mortgage contract will be in Dutch. You acknowledge and accept this. If any assistance or clarification is needed, we recommend contacting your mortgage advisor or to call our customer service via the ING app.
"}}]},"complementaryZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Also interesting"},{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Heat pumps","intro":"What is a heat pump? What types are there? And how do they work?","image":{"transformBaseUrl":"https://assets.ing.com/transform/ff2e3c7c-1ed0-4b7d-b761-825bf658f99f/investyourway_nov21-1920","type":"image","width":1920,"original":"https://assets.ing.com/m/2692dcd7b3b51900/original/investyourway_nov21-1920.jpg","extension":"jpg"},"link":{"url":"/particulier/hypotheek/duurzaam-wonen/warmtepomp"}},{"componentType":"productCard","cardType":"product","cardSize":"small","title":"Energy labels","intro":"What's the difference between an A, D or G label? Where to check yours?","image":{"transformBaseUrl":"https://assets.ing.com/transform/4c4f4528-5f0a-4877-b500-e7681e074417/Small-plastic-toy-houses","type":"image","width":5184,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/129c297b760217c8/original/Small-plastic-toy-houses.jpg","extension":"jpg"},"link":{"url":"/particulier/hypotheek/duurzaam-wonen/energielabels-bij-huizen"}}]}]}}}