Are you unsure if this applies to you? You can often find out in three steps:
If you answered yes to these questions, there is a good chance that you can redeem (part of) the equity free of charge. Want to know for sure how this will work out for you?
Plan a call appointment with an advisor
"},"textLinks":[{"text":"Plan a call appointment with an advisor"}],"alignedImage":{"position":"left","transformBaseUrl":"https://assets.ing.com/transform/f16c8448-d470-4e54-96d7-815832f936b6/Man-skeptical-finger-spot","original":"https://assets.ing.com/m/43201c83e7b5bd2/original/Man-skeptical-finger-spot.svg","extension":"svg"}},{"componentType":"sectionTitle","title":"How does it work?"},{"componentType":"paragraph","richBody":{"value":"The difference between the sale proceeds of your old home and the maximum bridging mortgage you have.
The additional repayment must be made within 3 months after the sale of your old home.
No, this is a separate arrangement. This means you can repay your equity without redemption costs and also use your annual 10% allowance.
If you repay more than you are allowed under these arrangements, redemption costs may apply. Our adviser will be happy to calculate this for you.
"}},{"componentType":"paragraph","title":"How do I repay my mortgage from a surplus home equity?","richBody":{"value":"It is important that you do not use the Additional Repayment on your mortgage through My ING. Transfer the amount from your own bankaccount:
Are you moving to a new home? If so, you can often transfer your current interest rate through our moving service. The current interest rate applies to the additional amount you borrow. If you combine this with additional repayments on your surplus equity, you can often keep your monthly costs as low as possible.
"},"textLinks":[{"url":"/en/personal/mortgage/buying-a-house/buying-another-house/taking-your-mortgage-with-you","text":"Read more about the moving service"}],"alignedImage":{"position":"left","transformBaseUrl":"https://assets.ing.com/transform/20381e15-8f16-4e59-ad9f-bdc37e3ae17a/Woman-music","altTextEN":"Woman moves with music","altTextNL":"Vrouw verhuisd met muziek","original":"https://assets.ing.com/m/69d01363f9228d73/original/Woman-music.png","extension":"png"}},{"componentType":"sectionTitle","title":"Example"},{"componentType":"paragraph","richBody":{"value":"Sanne and Mark sold their home with €30,000 in surplus equity. The expected value was €200,000, of which they could bridge a maximum of €190,000. They ultimately sold their home for €220,000.
Their maximum bridging mortgage was therefore €190,000. They were able to repay the difference of €30,000 immediately on their new mortgage without penalty.
Thanks to this repayment, their monthly costs decreased, giving them more financial freedom for other things.
Curious to find out about your situation? Make a call appointment.
"},"alignedImage":{"position":"right","transformBaseUrl":"https://assets.ing.com/transform/2a9171f0-0f51-48dd-8871-0a1ccfc6623b/Calculator-2-1","original":"https://assets.ing.com/m/564b42e7cfd964d9/original/Calculator-2-1.svg","extension":"svg"}},{"componentType":"sectionTitle","title":"When does this fit you?"},{"componentType":"paragraph","richBody":{"value":"Additional repayments are often useful if you:
Be careful if you:
This is the maximum amount you may borrow temporarily until the sale of your old home has been completed.
"}},{"title":"Can I combine this with the 10% additional redemptions per year?","richBody":{"value":"Yes, that's possible. This is seperate from the amount you can repay freely yearly.
"}},{"title":"What if I transfer my interest rate with the moving service?","richBody":{"value":"Then you use your current interest rate for your old mortgage. The current interest rates apply to the additional loan amount. You can also simply make additional repayments on your surplus home equity.
"}},{"title":"Do I need to call or can I do this online?","richBody":{"value":"Many arrangements are tailor-made. Therefore, schedule a telephone appointment: our advisor will explain everything and calculate the benefits together with you.
"}}]}]},"complementaryZone":{"flexComponents":[{"componentType":"linkList","iconTitle":{"title":"Hypotheken"},"textLinks":[{"url":"/particulier/hypotheek/hypotheek-berekenen","text":"Maximale hypotheek berekenen"},{"url":"/particulier/hypotheek/actuele-hypotheekrente","text":"Actuele hypotheekrente"},{"url":"/particulier/hypotheek/oversluiten","text":"Hypotheek oversluiten"},{"url":"/particulier/hypotheek/huis-kopen/je-eerste-huis-kopen/startershypotheek-berekenen","text":"Eerste huis kopen"},{"url":"/particulier/hypotheek/huis-kopen/ander-huis-kopen/maximale-hypotheek","text":"Ander huis kopen"},{"url":"/particulier/hypotheek/jouw-hypotheek","text":"Jouw hypotheek"},{"url":"/particulier/hypotheek/hypotheekvormen","text":"Hypotheekvormen"},{"url":"/particulier/hypotheek/duurzaam-wonen","text":"Duurzaam wonen"},{"url":"/particulier/hypotheek/hypotheekadvies","text":"Hypotheekadvies"},{"url":"/particulier/hypotheek/advieskosten","text":"Kosten"},{"url":"/particulier/hypotheek/situatie","text":"Situatie"},{"url":"/particulier/hypotheek/woondiensten","text":"Woondiensten"},{"url":"/particulier/hypotheek/contact","text":"Contact"}]}]}}}