Adjust current mortgage

Have you been happily living in your owner-occupied home for years and do you have no plans to move? Even so, it may be wise to take another critical look at your mortgage.

Just as your house needs an update every now and then, the same applies to your mortgage to ensure it aligns well with your current life. At Crefin & Partners, as mortgage advisors, we help you adjust your mortgage to your current situation. Schedule a free, no-obligation consultation and discover how to bring your mortgage completely up to date.

Options to adjust your mortgage
There are several ways to modify your mortgage:

Making extra repayments
Do you have more savings, an inheritance, or other financial flexibility now? Then you can make extra repayments to lower your monthly payments. Do take into account any potential penalty interest. We would be happy to inform you about the options and costs.

Refinancing your mortgage
Has interest rates fallen since you took out your mortgage? Or would you like a different type of mortgage? Then refinancing to a lower interest rate or better terms can be beneficial, for example, to an annuity or linear mortgage.

Financing renovations or sustainability upgrades
Do you want to renovate or make your home more sustainable (for example, with solar panels or insulation)? Then you can increase your mortgage or use your equity to finance this.

Our mortgage advisor would be happy to provide you with personal advice on which adjustment is the best choice for your situation.

Adjusting your mortgage: a step-by-step plan

We make adjusting your mortgage as easy as possible. This is the step-by-step plan:

We look at your current mortgage, the current market situation, and your goals. Do you want to take advantage of market changes, pay off, refinance, or renovate? A free, no-obligation consultation will quickly give you insight.
Our Mortgage Advisor calculates the options, such as costs and savings. We compare 40 banks for the best deal.

Have you decided to make an adjustment? Then provide the necessary documents, such as payslips or an appraisal report. We will handle the application.
Upon approval, you will receive the mortgage offer. After signing, your mortgage is adjusted.

Your mortgage suits your situation again. Time to enjoy lower costs, improved terms, or your renovated home!
How much does it cost to adjust your mortgage?
Depending on the chosen modification, you will pay advisory fees, and possibly penalty interest, notary fees, or valuation costs. At Crefin & Partners, you pay a fixed, transparent price for our advice, without surprises. Moreover, these advisory fees are tax-deductible. View our rates page for more information.

Adjusting your mortgage: frequently asked questions

Refinancing a mortgage is beneficial if the current interest rate is lower than your current mortgage rate. Our Mortgage Advisor will calculate for you whether you will save money and what your payback period is in the event of a penalty interest on your old mortgage.

Sometimes, when adjusting a mortgage, you can also obtain other (more favorable) conditions, such as greater flexibility to make extra repayments without penalty interest, the option to transfer the mortgage, discounts based on specific Loan To Value (LTV) values, etc.

Yes, with sufficient home equity, that is certainly possible. Our Mortgage Advisor would be happy to calculate it for you.

You are often allowed to repay a percentage (e.g. 10%) annually without penalty. Our Mortgage Advisor will look into this for you and advise you accordingly.
If you repay your mortgage early, the bank charges a fee (penalty interest) for missed interest. Crefin & Partners provides insight into this.

Yes, if your home has sufficient equity and your income allows it, it is possible to finance the penalty interest as well. However, the interest on this portion is not tax deductible.

Our first consultation is free. For advice and mediation, you pay a fixed price, which is tax-deductible and can be found on our rates page.