Refinancing your mortgage

Do you want to save on your monthly payments, or does your current mortgage no longer suit your situation? Then refinancing your mortgage could be a smart move.

At Crefin & Partners, we help you find the best terms. Feel free to schedule a free, no-obligation consultation and discover if refinancing will benefit you financially.

Refinancing mortgage
In the past, there were many different types of mortgages. Nowadays, there are only a few options left that allow you to benefit from mortgage interest deduction. Are you planning to refinance your mortgage? Then these are often the most chosen types:

Annuity mortgage
With an annuity mortgage, you pay a fixed total amount every month. This amount consists of interest and principal repayment. Initially, you mainly pay interest, but over time you start repaying more and more of the principal. The nice thing about this is that you know exactly where you stand each month.

Linear mortgage
With a linear mortgage, you repay a fixed amount every month. Because your mortgage debt keeps decreasing, you also pay less interest. As a result, your monthly payments decrease over the term.

Refinancing your mortgage: a step-by-step plan

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

We look at your current mortgage, interest rate, and situation. Is refinancing financially beneficial? A free, no-obligation initial consultation will quickly give you insight.
Our Mortgage Advisor calculates the costs (such as penalty interest) and your payback period. We discuss whether refinancing with your current bank or another provider is better.

Are you deciding to refinance your mortgage? Then we ask you to provide documents such as payslips and mortgage details. A valuation may be required. We compare 40 banks for the best deal.

Upon approval, you will receive the mortgage offer. After signing, your new mortgage is almost finalized.

At the notary, your old mortgage is cancelled and the new one registered. After that, you will enjoy lower monthly payments!

How much does it cost to refinance a mortgage?
Refinancing your mortgage involves costs. These include advisory fees, potential penalty interest, notary fees, and sometimes a valuation. At Crefin & Partners, we work with a fixed price for advice. Moreover, in many cases, these costs are tax-deductible. View our rates page for all details.

Refinancing 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 refinancing 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.

Refinancing a savings mortgage is not advantageous in most cases. Our Mortgage Advisor will be happy to calculate this for you and provide a clear explanation.
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.