Document
On your loan offer or deed
- Start date
- Type (fixed / variable)
- Interest rate
- Original amount
You receive the loan deed at the notary on signing. The offer arrived earlier from your bank.
When does it become worth refinancing your mortgage?
Compare your interest rate with the Belgian market rate since you signed your loan. See instantly whether refinancing is worth it.
Belgian mortgage rate
Market (NBB / ECB)Your rate
Source: NBB / ECB MIR. Before October 2006: composite mortgage rate. Why?
Verdict
Clear win, refinancing is worth considering.
Your rate sits 0.31% above the market. A refinance pays back the switching costs (~ €4,893) in 103 months, comfortably within your remaining term.
These figures are indicative. Actual costs and terms depend on your bank, your file, and your profile.
-0.31%
Market vs. your rate
~ €4,893
Estimated switching costs
~ 0.13%
Break-even threshold
Renteradar.be is not a credit intermediary. We don't give advice, don't submit applications on your behalf, and don't receive commission from banks. These figures are a starting point, the decision is yours.
Where do I find my data?
Don't know it by heart? No problem. You'll find everything on one of these documents.
App
In your bank's app
- Outstanding principal
- Monthly payment
- Term or end date
KBC Mobile, Belfius, Easy Banking (BNPP), Smart Banking (ING), Argenta. Usually under "Loans" or "Credits".
Yearly
On your annual mortgage tax certificate
- Outstanding principal on 31 December
- Interest paid that year
- Capital repaid that year
Sent in February or March. Useful for double-checking the loan type and rate.
At signing
On your amortization schedule
- Monthly payment, interest, capital per month
- Outstanding principal per month
- Full overview to the end of the loan
You received it at the start of your loan, often as a PDF. If you've lost it, your bank can resend it.