{"type":"document","data":{"id":"07e9ef2d-dedd-408b-8883-f10580d6a928","localeString":"en-GB","publishDate":"2025-10-13T10:16:01.413+02:00","contentType":"onecms:productPage","hasMacro":false,"flexPageMetadata":{"afmBanner":false,"robotInstruction":{"noIndex":false,"noFollow":false},"description":"Information about making additional repayments on your mortgage."},"mainHeaderZone":{"componentType":"productHeader","cta":{"componentType":"cta","textLink":{"url":"https://mijn.ing.nl/banking/mortgages/additional-repayment","text":"Making additional repayments on My ING"}},"coreHeader":{"body":"Planning on making additional repayments on your mortgage in the future? Do it the easy way in the app or on My ING.","headerImage":{"transformBaseUrl":"https://assets.ing.com/transform/5bcbf315-a2e3-47a3-a574-767356581c47/Person-taking-a-selfie-while-hanging-from-a-parachute-just-above-the-ground","type":"image","width":4802,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/17363198042f5b4b/original/Person-taking-a-selfie-while-hanging-from-a-parachute-just-above-the-ground.jpg","extension":"jpg"},"title":"Making additional repayments"},"backLink":{"textLink":{"url":"/en/personal/mortgage/your-mortgage","text":"Your ING mortgage"}}},"flexZone":{"flexComponents":[{"componentType":"paragraph","title":"Pay off up to 10% extra every year without charge","richBody":{"value":"<p>By making additional repayments, you bring down the amount outstanding on your mortgage, and that translates to lower monthly payments. Every year, you can pay off an additional 10% of the original mortgage amount without incurring any charges. If you pay off more than that, you will generally have to pay <a data-type=\"internal\" href=\"/en/personal/mortgage/your-mortgage/early-repayment-and-interim-mortgage-rate-adjustment-charges\">repayment charges</a>.<span lang=\"EN-GB\" dir=\"ltr\"> </span>There are, however, certain situations where you are allowed to pay off more than 10% of the original amount borrowed on your mortgage without charge, such as:</p><ul><li>when repaying towards a loan part within a period of three months before a new fixed-rate period, or</li><li>when repaying towards a loan part when the <a data-type=\"internal\" href=\"/en/personal/mortgage/current-mortgage-rates\">current interest rate</a> (comparison rate) we use to calculate repayment charges is higher than your <a data-type=\"internal\" href=\"/en/personal/mortgage/current-mortgage-rates\">current mortgage interest rate</a>.</li></ul>"},"textLinks":[{"url":"/en/personal/mortgage/your-mortgage/early-repayment-and-interim-mortgage-rate-adjustment-charges","text":"More about repayment charges"}]},{"componentType":"paragraph","title":"Why make additional repayments?","richBody":{"value":"<p>The benefits of additional repayments are that</p><ul><li>your mortgage payments will go down</li><li>you may be eligible for a lower mortgage rate</li><li>you may pay less tax on your savings</li><li>you reduce the chances of being left with residual debt when you sell your home</li></ul><p>The drawbacks of additional repayments are that</p><ul><li>it will reduce your financial buffer</li><li>you may end up paying more in income tax</li><li>the impact of the additional loan rule will increase</li></ul>"},"textLinks":[{"url":"/en/personal/mortgage/your-mortgage/pros-and-cons-additional-repayments","text":"Read more about the pros and cons of additional repayments here"}]},{"componentType":"paragraph","title":"Mortgage with capital accumulation?","richBody":{"value":"<p>If your mortgage is linked to a savings or insurance product in which you accumulate capital, and you want to make an additional repayment on your mortgage, please contact us first. This is because an additional repayment may have tax consequences.</p>"}},{"componentType":"linkList","iconTitle":{"title":"Everything you need"},"textLinks":[{"url":"/particulier/hypotheek/jouw-hypotheek/verhogen-zonder-advies","text":"Increasing your mortgage without advice (Dutch)"},{"url":"/en/personal/mortgage/advisory-fees/new-mortgage-increase","text":"Mortgage increase fees"},{"url":"/particulier/hypotheek/jouw-hypotheek/kennis-en-ervaringstoets","text":"Knowledge and experience test (Dutch)"},{"url":"/particulier/hypotheek/jouw-hypotheek/overwegingen-hoogte-hypotheek","text":"Considerations regarding mortgage amount (Dutch)"},{"url":"/particulier/hypotheek/jouw-hypotheek/keuze-rentevaste-periode","text":"Choosing a fixed-rate period (Dutch)"},{"url":"/particulier/hypotheek/actuele-hypotheekrente/actieve-betaalrekening-korting","text":"Active current account discount (Dutch)"},{"url":"/en/personal/mortgage/your-mortgage/nhg-and-mortgage-increase","text":"Dutch National Mortgage Guarantee and mortgage increases"},{"url":"/particulier/hypotheek/jouw-hypotheek/keuze-looptijd","text":"Choosing a mortgage term (Dutch)"},{"url":"/en/personal/mortgage/your-mortgage/tax-relief-on-mortgage-interest-for-increases","text":"Tax relief on mortgage interest"},{"url":"/particulier/hypotheek/jouw-hypotheek/inkomensrisicos","text":"Income risks (Dutch)"},{"url":"/particulier/hypotheek/jouw-hypotheek/waarde-van-de-woning","text":"Home value (appraisal or ING Calcasa desktop appraisal) (Dutch)"},{"url":"/en/personal/mortgage/your-mortgage/building-fund-account","text":"Building fund account"},{"url":"/particulier/hypotheek/jouw-hypotheek/wanneer-langs-de-notaris","text":"Visiting a notary (Dutch)"},{"url":"/en/personal/mortgage/your-mortgage/additional-repayments","text":"Making additional repayments"}]}]},"legalZone":{"flexComponents":[{"componentType":"paragraph","title":"Good to know","richBody":{"value":"<p>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.</p>"}}]}}}