If you are already a homeowner, then you have three options:
1. Move the terms and conditions of your current mortgage to a new home
You may have an opportunity to move your home loan to a new property in the Netherlands. There is an option to stay with the same mortgage lender. In this case, you can keep the same conditions and interest rates.
2. Take out a new mortgage
You can always sell your property, pay your debt, and take out a new mortgage. If your financial situation has remained the same or improved, it will be easier to get approval for a new mortgage.
If your house’s value increased in the last couple of last years, you have more equity now. As soon as you sell your home, you will earn money from it, which can be used for a new mortgage
3. Move to a new home and keep your current property
If you want to keep your current property, you could consider refinancing the current mortgage. In some cases, you may end up paying a penalty fee. The early repayment fee depends on the difference between your interest rate and the bank’s current interest rates.