When may refinancing not be beneficial?

Despite lower rates, refinancing involves one-off costs like advisory fees, notary fees, appraisal costs, and potential prepayment penalties. These costs can outweigh the savings, so it's important to assess whether refinancing is financially worthwhile in your case.

How can I find out if refinancing is right for me?

Through a free, no-obligation consultation with De Financiële Alliantie. We review your current mortgage, compare it to current market options, and take all costs into account to give you expert, independent advice on whether refinancing is beneficial.

How much can I borrow?

The exact amount you can borrow is determined by your income, financial obligations, and the property’s value. Under ‘Calculate,’ you can use our tools to quickly estimate how much you can borrow.

In which regions does De Financiële Alliantie operate?

De Financiële Alliantie has years of experience with mortgages, allowing us to provide reliable, honest, and independent advice. This can be done not only at our office in Zwolle, but also online or at your kitchen table anywhere in the Netherlands.

Is De Financiële Alliantie independent?

A clear YES: completely independent! We provide fully independent mortgage advice. We receive no compensation from any lender; instead, our clients cover our fees. This allows us to offer all possible lenders. Together, we’ll find the best provider with the best terms and the lowest rate!

Does the 30% tax ruling increase my mortgage?

It can. Some lenders take the 30% ruling into account, which may increase your borrowing capacity. Whether it truly benefits you depends on your personal situation and future plans.

Can I use savings from abroad?

Yes. Foreign savings are accepted, as long as the origin of the funds is clear and traceable. Banks may ask for bank statements and proof of origin.

How much savings do I need as an expat?

In addition to the purchase price, you typically need around 4–6% of the property value for buyer’s costs. This amount cannot always be included in the mortgage.

Home » Expat mortgage Netherlands » Refinancing your mortgage in the Netherlands

Refinancing your mortgage in the Netherlands

A mortgage is often taken out for a long period (usually 30 years). During that time, your personal situation, current interest rates and the housing market can change significantly. Refinancing your mortgage may be an option to better align your mortgage with your current needs.

At De Financiële Alliantie, we help you understand whether refinancing makes sense in your situation. One of our advisors, Carla, has experienced the Dutch mortgage system as an expat herself and understands how complex refinancing decisions can feel. Especially when rules, timing and costs come into play.

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Use our calculation tool

What does refinancing a mortgage mean?

Refinancing your mortgage means replacing your current mortgage with a new one before the end of the fixed interest period. The new mortgage pays off the existing loan, and you continue with new terms such as a different interest rate, lender or mortgage structure.

You can refinance with your current lender, but you’re not limited to that option. At De Financiële Alliantie, we compare mortgages from 41 lenders and look beyond the interest rate alone including conditions, flexibility and long-term fit. This way, you can choose the option that is truly best for your situation.

When does refinancing make sense?

Refinancing can be beneficial in several situations, for example:

Your fixed interest period is coming to an end
Mortgage interest rates are lower than when you took out your loan
Your home has increased in value, lowering your risk category
Your personal or financial situation has changed
You want more flexibility in repayments or conditions

In these cases, refinancing may lower your monthly payments or improve your mortgage terms.

To illustrate: on an interest-only mortgage of €300,000, a difference of just 0.5% in interest rate can already result in a gross saving of around €1,500 per year.

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View current mortgage rates

When refinancing may not be beneficial

Refinancing isn’t always the right choice. Even with a lower interest rate, refinancing can turn out to be more expensive overall due to the associated costs.

However the lower rates, refinancing also involves one-off costs. These typically include:

Advisory and arrangement fees (advieskosten voor De Financiële Alliantie)
Notary fees for the new mortgage deed (notariskosten)
Appraisal costs (taxatie)
A possible prepayment penalty, depending on the remaining fixed interest period and your current interest rate

Because of these costs, refinancing isn’t always the best option. The key question is whether the potential savings outweigh the costs and how long it takes to recover them through lower monthly payments.

That’s why looking at the full picture is essential before deciding whether refinancing makes sense in your situation.

Wondering if refinancing your mortgage is a smart move for you as an expat?

Use our calculation tool to get a quick indication of your potential savings and costs. Even if you work in the Netherlands with a temporary contract, have foreign income or plan to move in the future, refinancing may still be beneficial. The result gives you a first insight. During a free consultation we’ll check what truly makes sense for your personal situation.

Free, no-obligation consultation

Are you unsure if refinancing your mortgage is the best choice? We’re here to help! In a free, no-obligation consultation, we’ll review your current mortgage and compare it to the current state of the mortgage market. This allows us to quickly determine whether refinancing is advantageous in your situation.

Our advisors always take into account all additional costs associated with refinancing, ensuring that we can provide you with expert advice on the matter.

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With the help of Laurens from De Financiële Alliantie, we were able to arrange the mortgage for our new home in no time. Less than two weeks after the purchase agreement, the mortgage was finalized, thanks to Laurens’s proactive approach. We had great conversations, received excellent advice, and it felt very personal. A huge thank you to De Financiële Alliantie, and especially to Laurens, for all your help! Highly recommended.

Erik en Mirjam via Google.nl on 18-7-2024

Laurens Thunnissen

We were recently very well assisted by De Financiële Alliantie regarding our mortgage application. Mr. Eric Fillet (advisor) helped us navigate the maze of the financial world. We highly recommend Mr. Fillet.

Fam. van der Heide via Google.nl on 12-7-2024

Eric Fillet

We worked with Magda from De Financiële Alliantie. She really went above and beyond for us. Since my husband is a business owner, there are many rules to navigate when obtaining a mortgage. Thanks to Magda’s perseverance, clear explanations, and determination, we were able to secure the mortgage we wanted. Additionally, she is very pleasant to work with.

Ida Hoekstra via Google.nl on 12-7-2024

Magda van Veen

We received excellent assistance from Robin once again. He takes the time for you and always answers his phone. Communication is quick, and the advice is professional.

Wessel Idzerda via Google.nl on 11-7-2024

Robin van Dam

Having used the services of DFA three times, they have consistently provided the best advice tailored to our needs! They are very committed and prefer short, personal communication. If you need financial advice, I highly recommend DFA! (In our case, for a mortgage.)

E. Alten via Google.nl on 17-6-2024

Marcel van Assen

Great guidance, quick responses, and friendly people! Always available for any questions.

Tim van der Kolk via Google.nl on 5-6-2024

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