Dutch mortgage interest rates 2024

Discover now how high the mortgage interest rates in the Netherlands are at this moment.

Compare the current mortgage rates of more than 55 mortgage providers. The lowest interest rates are on top of the list.

 Check all variable rates, and also the rates for the fixed-interest periodes, such as 10 and 20 years. Find out what the lowest rates are for the different repayment forms and risk classes – and since 2024 – also the different energy labels.

Wondering exactly how much you can borrow and what the monthly costs will be, or do you have other questions about mortgages? Then schedule a free conversation with me now.

About Roel Wonders 

 

Roel Wonders Strijps Eindhoven

Roel Wonders keeps track of the current interest rates in collaboration with the ”Nationale Hypotheekbond”.

Roel is a certified mortgage advisor with more then 10 years of experience. He has been included in the Advieskeuze Top Selectie of 2023, a list of the best mortgage advisors in the Netherlands.

He provides daily mortgage advice. The mortgage interest rate is a very important part of a mortgage, which is why we monitor the interest rates on a daily basis. Do you want to know what currently is the best mortgage with the lowest interest rate? Then schedule a free conversation with me.

Lowest mortgage interest rate: July 2024

In July 2024, the lowest mortgage interest rate, just like in June, will be from Florius. The interest rate is 3.54% for a fixed interest period of 5 years.

The lowest variable interest rate is from ASR with an interest rate of 4.95%. The variable interest rate has therefore fallen 0.05% compared to June.

Rabobank offers the cheapest interest rate for a fixed interest period of 10 years, namely 3.66%. For a fixed interest period of 20 years, Tulp is the cheapest with an interest rate of 3.88%.

Tulp and Attens offer the lowest interest rate for a fixed interest period of 30 years, namely 4.01%.

Good to know: Good to know: These are general interest rates. I know a few ways to get a discount on the mortgage interest. This could potentially lower your rate. If you're curious about what the lowest rate could be for you, then schedule a free conversation with me now..

What is mortgage interest?

Roel Wonders Eindhoven Evoluon 2024

You can borrow money from a mortgage lender to buy a house, but the lender does not lend this money for free. You must eventually pay back all the money; for this, you pay mortgage interest.

Interest is a fee that you must pay to the lender for borrowing the money. You pay the mortgage interest on the amount that was borrowed to buy the house.

What are the current mortgage interest rates?

Lenders – the companies that lend money for buying a house – regularly change their interest rates. How high the interest rate is, depends on 3 elements:

1. Capital market interest rate

The first element is the so-called capital market interest rate. The capital market interest rate is what lenders must pay to borrow money, which they then lend to you for buying a house.

Lenders then increase this capital market interest rate by adding a risk premium and a profit margin. They increase this rate by a percentage because they run the risk of not getting back the money they lent. In addition, they add a percentage for profit.

2. Risk premium

Lenders then increase this capital market interest rate by adding a risk premium and a profit margin. They increase this rate by a percentage because they run the risk of not getting back the money they lent. In addition, they add a percentage for profit.

3. Interest rates of competitors

Furthermore, lenders look at the mortgage interest rates of competitors. When one competitor lowers their rate, often several mortgage lenders will lower their rates.

As these conditions are continuously changing, mortgage providers often change their rates every week. The rates that banks offered a month ago may already be outdated.

Therefore, it is important to look at the current rate, meaning the rate that lenders are offering today.

Good to know: Good to know: These are general interest rates. I know a few ways to get a discount on the mortgage interest. This could potentially lower your rate. If you're curious about what the lowest rate could be for you, then schedule a free conversation with me now..