{"type":"document","data":{"complementaryZone":{"flexComponents":[{"cards":[{"body":"Buy with ING and unlock a world of possibility","cardSize":"medium","cardType":"product","checkMarkList":["Home advisors, guiding you at every step","Learning center and online tools","Manage your mortgage in ING App, anytime & anywhere"],"componentType":"productCard","image":{"extension":"jpg","original":"https://assets.ing.com/m/41f99f33f9a00d57/original/Visual_Batibouw_2025_2.jpg","transformBaseUrl":"https://assets.ing.com/transform/fec232d5-d020-43a6-9d66-d28046e45bd5/Visual_Batibouw_2025_2","type":"image","width":6000},"intro":"6 steps to your dream house","link":{"url":"/en/individuals/borrowing/home/one-stop-shop-purchase/6-steps-to-your-dream-house"},"title":"Buying or building ?"},{"body":"Renovation made easy, from budget to EPC","cardSize":"medium","cardType":"product","checkMarkList":["Home advisors, decrypting your EPC","Interesting partner deals","Improve your EPC and get a lower rate"],"componentType":"productCard","image":{"extension":"jpg","original":"https://assets.ing.com/m/674c4ccc6e30943e/original/batibouw_Omar_1920x1080_zoom.jpg","transformBaseUrl":"https://assets.ing.com/transform/43fd6560-560b-4110-856b-ad33a107867a/batibouw_Omar_1920x1080_zoom","type":"image","width":1920},"intro":"Your energy-saving renovation toolkit","link":{"url":"/en/individuals/borrowing/home/one-stop-shop-renovation/your-energy-renovation-toolkit"},"title":"Renovating ?"},{"cardSize":"small","cardType":"product","componentType":"productCard","image":{"extension":"jpg","original":"https://assets.ing.com/m/7410d91fea92bc64/original/cars-on-street-against-sky.jpg","transformBaseUrl":"https://assets.ing.com/transform/aada17bb-f1ff-4f3d-a07d-0544141beb83/cars-on-street-against-sky","type":"image","width":4883},"intro":"Discounts on heat pumps, home batteries, free solar panels and more!","link":{"url":"/en/individuals/borrowing/home/renovation-partner-offer"},"title":"Discover our partner offer for renovation"}],"componentType":"cards"}]},"contentType":"onecms:editorialPage","flexPageMetadata":{"afmBanner":false,"description":"Paying off your mortgage loan partially or fully early sounds appealing. No more monthly repayments, and more room for other plans. Sounds good, right? Still, it’s worth taking a closer look before you decide.","robotInstruction":{"noFollow":false,"noIndex":false}},"flexZone":{"flexComponents":[{"componentType":"sectionTitle","title":"The benefits in a nutshell"},{"componentType":"productFeatures","highlighted":false,"image":{"extension":"svg","original":"https://assets.ing.com/asset/3ff2cfcb-ce57-477a-9daa-d74e088577e2/Woman-happy-thumbs-up.svg","transformBaseUrl":"https://assets.ing.com/transform/3ff2cfcb-ce57-477a-9daa-d74e088577e2/Woman-happy-thumbs-up","type":"image","width":131},"items":[{"body":"Repay part of your mortgage early? You’ll pay less interest over the remaining term. Repay the full amount? Then interest payments stop altogether. Either way, you could save a significant amount — especially with a high interest rate or a long loan term.","title":"Lower interest costs"},{"body":"Paying off your mortgage faster can give you more financial freedom. The money you free up can be used for other purposes, such as  saving, investing, renovating your home or planning for retirement.","title":"Debt-free sooner"},{"body":"If your loan has a variable interest rate, early repayment helps you avoid future increases.","title":"Protection against rising interest rates"},{"body":"With a partial repayment, your outstanding balance drops — and so does the insurance premium. With a full repayment, the insurance stops completely.","title":"Lower debt balance insurance costs"}]},{"componentType":"sectionTitle","title":"There are drawbacks too"},{"componentType":"productFeatures","highlighted":false,"image":{"extension":"svg","original":"https://assets.ing.com/asset/6179e261-23e1-49b4-9236-322f1a5e65da/doubtfulexpression.svg","transformBaseUrl":"https://assets.ing.com/transform/6179e261-23e1-49b4-9236-322f1a5e65da/doubtfulexpression","type":"image","width":160},"items":[{"body":"You’ll pay a reinvestment fee of up to three months’ interest on the repaid amount. This compensates the bank for lost interest income.","title":"Early repayment fee"},{"body":"If your mortgage loan benefits from tax advantages, such as a housing bonus, early repayment may reduce or cancel them.","title":"Lower or loss of tax benefits"},{"body":"If you use your savings to repay your mortgage it means you may have less cash available for unexpected expenses","title":"Less financial buffer"}]},{"componentType":"sectionTitle","title":"Making a well-considered decision"},{"componentType":"paragraph","richBody":{"value":"<p><span><span><span><span lang=\"en-BE\" dir=\"ltr\">Ask yourself</span></span></span></span></p><ul><li><span><span><span><span lang=\"en-BE\" dir=\"ltr\">How long does my loan still run, and at what interest rate?</span></span></span></span></li><li><span><span><span><span lang=\"en-BE\" dir=\"ltr\">What are the tax and financial consequences for me when I repay?</span></span></span></span></li><li><span><span><span><span lang=\"en-BE\" dir=\"ltr\">Could my money work better elsewhere?</span></span></span></span></li></ul><p><span lang=\"EN-US\" dir=\"ltr\"><span><span>Want to talk it through? Our advisors are happy to help you look at your options and choose what fits your plans best.</span></span></span></p>"}},{"componentType":"cta","textLink":{"text":"Make an appointment","url":"/en/individuals/services/contact-us-appointment"}},{"componentType":"sectionTitle","title":"Already decided?"},{"componentType":"paragraph","richBody":{"value":"<p>You can request an early repayment directly in your ING Banking-app or Home&apos;Bank</p>"},"textLinks":[{"text":"Repay early","url":"https://ebanking.ing.be/banking/mortgages/early-repayment?EW=true"}]},{"componentType":"sectionTitle","title":"Also interesting!"}]},"hasMacro":false,"id":"55738091-8c09-4142-bcb5-28dc68ca69f6","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Borrowing","url":"/en/individuals/borrowing/home"}},"componentType":"editorialHeader","coreHeader":{"body":"Paying off your mortgage loan partially or fully early sounds appealing. No more monthly repayments, and more room for other plans. Sounds good, right? Still, it’s worth taking a closer look before you decide.\r\n\r\nAn early repayment can bring real benefits but depending on your situation, there may also be downsides.","headerImage":{"extension":"jpg","original":"https://assets.ing.com/asset/9eb5f527-3bfd-4b10-a71b-db1d2b52ae30/ING-Punten-veelgestelde-vragen.jpg","transformBaseUrl":"https://assets.ing.com/transform/9eb5f527-3bfd-4b10-a71b-db1d2b52ae30/ING-Punten-veelgestelde-vragen","type":"image","width":5700},"title":"Paying off your mortgage loan early: smart move or not?"},"date":"2026-06-17","readingTime":3},"publishDate":"2026-06-17T14:18:17.575+02:00"}}