Mortgage Portability
A Meeneemhypotheek is your ticket to keeping a low interest rate in a rising market.
The Advantage
If you have a 10-year fixed mortgage at 1.5% and today's market rates are 4%, you don't have to lose that 1.5%. You can move that specific interest rate to your new property.
"This can save you hundreds of Euros every single month for the remainder of your fixed term."
How it works
Almost all mortgage providers in the Netherlands allow you to take your interest rate with you. Here are the key rules:
Porting the Rate
You keep the old interest rate for the remaining duration of your fixed term. If you have 5 years left, you keep it for 5 years.
The Gap
If you need more than your previous mortgage amount for the new (and more expensive) home, you take out a second part at today's market rates.
Crucial Details
- Same Lender: You must usually stay with the same bank or mortgage provider to port the rate.
- Evaluation: The bank will re-evaluate your income and the new property's value. Porting is not automatic; you still need to qualify for the total loan.
- NHG: If your old mortgage had NHG and your new home is above the NHG limit, you might lose the NHG interest discount, even if you port the base rate.
Interest-Rate Tip
When porting a mortgage, banks often use the "Daily rate" at the time of your offer. If rates are rising, make sure to get your new mortgage quote (offerte) locked in as early as possible.