From 1 July 2021, each combination of loan to value ratio, mortgage type and fixed interest rate period will have a specific interest rate: the product interest rate. Other interest components may apply on top of these product interest rates, depending on your personal choices. This is your personal interest rate.
For mortgages with NHG, a product interest rate applies that is (currently) not dependent on the loan to value.
You can find your product interest rate in the product interest rate table in your mortgage interest rate proposal, which you will receive three months before the end of your fixed interest rate period.
"},"textLinks":[{"url":"/particulier/hypotheek/actuele-hypotheekrente/opbouw-vaste-hypotheekrente","text":"More about the structure of your mortgage interest rate"},{"url":"/particulier/hypotheek/jouw-hypotheek/schuld-marktwaardeopslag-of-korting","text":"More about the product interest"},{"url":"/particulier/hypotheek/jouw-hypotheek/mogelijk-lagere-rente","text":"See the effect of improving your loan to value"}]},{"componentType":"accordion","accordionList":[{"title":"See when you can get a lower interest rate.","richBody":{"value":"You can make (additional) repayments on your mortgage during the term. This reduces your mortgage debt in relation to the home value as known to us (and therefore your loan to value) and you can obtain a lower product interest rate.
More information about repayments
Has your property increased in value? This reduces the loan to value. As a result, you may be eligible for a lower product interest rate. This does not happen automatically. You must request it yourself. You can easily report your new home value via My ING.
If you regularly use your ING current account, you can receive a 0.25% Active Current Account Discount.
View the terms and conditions of this discount
Do you have an energy-efficient home with a registered energy label of A or higher? Then you can receive a sustainability discount for the loan portions for which you choose a new fixed-interest period. You will receive a 0.10% discount for a home with a registered energy label of A and a 0.15% discount for a home with a label of A+ or higher. Are you planning to make your home more sustainable in the near future? Then you may also be eligible for the Sustainability Discount. After your new fixed-interest period begins, you will have 24 months to make your home more sustainable, register the new label and contact ING to apply for the Sustainability Discount.
See the conditions for this discount
Your mortgage usually has a term of 30 years. Within that term, you decide on the length of your fixed-interest period. This lasts for a minimum of 1 year and a maximum of 20 years. After that, you choose a new interest rate and a new fixed interest rate period. You can read about how to choose below.
"}},{"componentType":"accordion","accordionList":[{"title":"Choose a new interest rate and fixed interest rate period in two steps","richBody":{"value":"Step 1: 3 months before your fixed-rate period expires
We want to make things easy for you. That's why, 3 months before your fixed-rate period expires, you will receive your mortgage interest rate proposal not only by post but also in My ING. This allows you to view your mortgage interest rate proposal online anywhere and submit your choice for your new fixed-rate period.
Your mortgage interest rate proposal will include the following:
Step 2: You choose a new interest rate and fixed-rate period.
You can do this:
quickly and easily via My ING (your choice will be processed immediately).
or by returning the completed and signed selection form (only for customers without access to My ING).
Upon receipt, you will receive a confirmation and an overview of your new monthly payment.
Choose what you feel comfortable with
You decide which interest rate and fixed-rate period you want. Take a good look at your income and expenditure.
Important
If you do not make a choice, you will automatically be assigned a new interest rate and fixed interest rate period. The letter sent to you will tell you which fixed interest rate period will apply if you do not make a choice. It is always wise to review the proposal, because the new interest rate may be lower or higher than your current interest rate, which will affect your monthly payments. If you do not submit a choice, you will also not benefit from the Active Payment Account Discount.
Your personal situation and wishes may change. For example, many people with an Interest Only mortgage prefer to make repayments during the term of the mortgage. When the fixed interest rate period ends, you can repay as much as you want without penalty. You also have the option of changing the type of mortgage to, for example, an Annuity mortgage or a Linear mortgage. You will pay advisory fees for changing your mortgage.
"},"textLinks":[{"url":"/en/personal/mortgage/your-mortgage/change-mortgage-type","text":"Change your mortgage type"}]},{"componentType":"paragraph","title":"4. Redeption cost free repayments","richBody":{"value":"Would you like to reduce your monthly payments? Or reduce the risk of potential residual debt? In the three months prior to the new fixed interest rate period, you can make unlimited repayments free of charge.
"}},{"componentType":"paragraph","title":"5. Change the loan to value","richBody":{"value":"Do you have a mortgage without NHG? Then the interest rate you pay depends on the loan to value. Have you made (additional) repayments or has the value of your home increased? Then you may be eligible for a lower interest rate.
"},"textLinks":[{"url":"/en/personal/mortgage/your-mortgage/possibly-lower-mortgage-rate","text":"More information"}]},{"componentType":"paragraph","title":"Want to know more?","richBody":{"value":"Your ING Mortgage Adviser will be happy to provide you with further information. Please call us on 020 22 888 88 to make an appointment. Alternatively, contact your intermediary.
"}},{"componentType":"linkList","iconTitle":{"title":"More about"},"textLinks":[{"url":"/en/personal/mortgage/current-mortgage-rates","text":"Current mortgage interest"},{"url":"/en/personal/mortgage/your-mortgage/loyaltybonus","text":"Loyalty bonus"},{"url":"/en/personal/mortgage/current-mortgage-rates/other-mortgage-fees","text":"Loan to value table history from 1 May 2014"},{"url":"/en/personal/mortgage/mortgage-refinancing/lowering-mortgage-rate","text":"Refinancing: your fixed interest rate period is almost over"}]}]}}}