You can pay for renovations with your own money and/or borrowed funds. Many homeowners consider financing sustainable home improvements through their mortgage. This may involve anything from a dormer window to solar panels.
Tip: For energy-saving measures, the National Heating Fund offers an energy savings loan at a reduced interest rate and with favourable terms and conditions.
"},"textLinks":[{"url":"/en/personal/mortgage/sustainable-living/financing-sustainable-renovation","text":"All your options explained"}]},{"componentType":"sectionTitle","title":"Step 2 – Save money with a grant"},{"componentType":"paragraph","richBody":{"value":"The government has all kinds of attractive grants for energy-saving measures. Check Milieu Centraal’s Energy Grant Guide (Energiesubsidiewijzer) to see what grants you can get and how you can apply for them
"},"textLinks":[{"url":"https://www.verbeterjehuis.nl/energiesubsidiewijzer/","text":"To the Energy Grant Guide"}]},{"componentType":"sectionTitle","title":"Step 3 – Calculate your mortgage"},{"componentType":"paragraph","richBody":{"value":"Let’s assume you can get a €3,000 grant. In our example, you’d ‘only’ need to pay €12,000 out of the €15,000 yourself.
"}},{"componentType":"accordion","accordionList":[{"title":"The mortgage depends on your energy label","richBody":{"value":"Together we can check your financial situation and your home’s energy label, and then determine your maximum mortgage. This is also possible if you’ve had a mortgage with us for a while and want to increase it.
Will you be making energy-saving improvements in your current or future home? As of 2024, the maximum mortgage you can get depends on the energy label of the property you’re buying.
You can borrow more when making energy-saving improvements, because it is assumed that your energy consumption will drop after the work is completed. The additional amount you can borrow is capped at €20,000. Naturally it is important to check carefully what fits your personal situation best.
"},"textLinks":[{"url":"/en/personal/mortgage/mortgage-types/buying-a-sustainable-house","text":"Check how much you can borrow"}]}]},{"componentType":"sectionTitle","title":"Step 4 – Sustainability Account"},{"componentType":"paragraph","richBody":{"value":"We put the money you borrow for your planned energy-saving improvements into a Sustainability Account. In our example: €12,000.
"}},{"componentType":"accordion","accordionList":[{"title":"Sustainability Account at a glance","richBody":{"value":"A Sustainability Account is a separate account containing the money you think you will need to implement your sustainable home improvements. We manage this account.
You agree with us in advance how much will be put into the account, like the €12,000 in our example. You do this based on a plan with definitive quotations. Afterwards you have two years to make your energy-saving improvements.
Paying costs through your Sustainability Account works like this:
Each month, you only pay interest and capital repayments on the amounts you have actually drawn down from your Sustainability Account.
Good to know: You will only be charged interest on funds you have drawn down from your Sustainability Account. This interest is also tax-deductible.
"},"textLinks":[{"url":"/en/personal/mortgage/your-mortgage/building-fund-account","text":"More about the Sustainability Account"}]},{"title":"Limited-time offer: reduced processing fee for sustainability measures through a No-Advice Mortgage Increase","richBody":{"value":"If you decide to upgrade your home’s sustainability, and you already have a mortgage with ING, you can finance this with a Sustainability Account. If you apply for this through a No-Advice Mortgage Increase, it will be sorted in no time and you will pay a reduced processing fee of €150. This offer is available for a limited time.
Please note: If you combine your Sustainability Account with an increase for home improvements other than sustainability measures, you will pay the regular processing fee of €750 for a No-Advice Mortgage Increase.
"}}]},{"componentType":"paragraph","richBody":{"value":""},"alignedImage":{"position":"left","transformBaseUrl":"https://assets.ing.com/transform/4bf47129-9184-4701-8b8b-0264e73ca3d2/House-construction-fund-spot","original":"https://assets.ing.com/m/67bc2edc9f631cc4/original/House-construction-fund-spot.png","extension":"png"}},{"componentType":"accordion","accordionList":[{"title":"Not sure how much you need to borrow?","richBody":{"value":"Haven’t yet decided exactly what you want to do? Or who you will hire for your sustainable home improvements? You have options in these cases too.
This is what we’ll then do:
Examples of costs (including labour) that are covered:
Are your home improvements finished? Did you know that you may be able to get a reduced mortgage rate when you improve your energy label? We can do this right away or step by step.
Tip: Discuss this with your mortgage adviser
"},"textLinks":[{"url":"/en/personal/mortgage/current-mortgage-rates/the-energy-label-and-your-mortgage-interest-rate","text":"More about energy labels and your mortgage rate"}]},{"componentType":"sectionTitle","title":"You can also talk to us about sustainable living"},{"componentType":"paragraph","richBody":{"value":"More and more people are asking our mortgage advisers about financing for sustainable home improvements. One of those advisers is Mark Heukels. He has noticed that homes with sustainable home improvements do better on the market.
"},"textLinks":[{"url":"/particulier/hypotheek/duurzaam-wonen/hoe-betaal-ik-verduurzamen","text":"Check out Mark’s practical tips (Dutch)"},{"url":"/en/personal/mortgage/contact","text":"Free orientation meeting: plan it yourself"}]}]},"legalZone":{"flexComponents":[{"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.
"}}]}}}