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🇳🇱Netherlands mortgage rates

The average interest rate on new mortgages in the Netherlands was 3.94% in August 2026. It rose from 3.87% the previous month. A year earlier it was 3.49%. Over the period shown it has ranged from 1.65% to 4.13%. That is 0.34 percentage points above the euro-area average of 3.60% — the 5th of 21 member states that report it.

Mortgage rate · Netherlands
3.94%
vs prev
▲ 0.07 pp
Netherlands mortgage rate, last 10 years
Source: ECB (MIR) · data through August 2026 · updated 2026-10-05 · modifications: none

What this rate is

  • The average interest rate that banks in the Netherlands agreed with households on new loans for house purchase in August 2026, weighted by loan volume across all initial rate fixation periods, from floating to fixed for over ten years.
  • It includes renegotiated loans and excludes fees and other charges.
  • The ECB publishes it on the 23rd working day after the month ends.
  • It is not a rate you can be offered today, not a 10-year fixed rate and not what existing borrowers pay.
How the ECB compiles these statistics →

See the full mortgage rate ranking across all euro-area countries →

Mortgage rates and the ECB

In August 2026 the ECB deposit facility rate was 2.25%; the average rate on new mortgages was 1.69 percentage points above it. The 10-year government bond yield for the Netherlands was 3.29% in the same month.

The ECB has since set the deposit facility rate at 2.50%, effective 16 September 2026; this figure does not yet reflect that change.

From its low of 1.65% (September 2021) to its peak of 4.13% (November 2023), the average rate on new mortgages in the Netherlands rose 2.48 percentage points. Over the same cycle the ECB raised its deposit facility rate from -0.50% to 4.00% (July 2022 to September 2023).

The ECB does not set mortgage rates: banks do. The ECB collects these statistics to track how its policy reaches borrowers.

In August 2026, 23.2% of new mortgage lending in the Netherlands was at a floating rate or fixed for up to one year; the rest was fixed for longer. Euro-area average: 16.6%. Most new loans lock in their rate for more than a year, so ECB decisions pass through more slowly, and existing fixed-rate borrowers are unaffected until their fixation period ends.

ECB rate decision →

The Netherlands mortgage rate — frequently asked questions

What is the average mortgage rate in the Netherlands?
3.94% in August 2026: the average rate banks agreed with households on new home loans, across all fixation periods.
Is this the mortgage rate I would be offered today?
No. It is an average of rates already agreed in August 2026, published about five weeks after that month ended. Offers depend on the bank, the fixation period and the borrower, and advertised rates can differ from agreed ones.
Are mortgage rates in the Netherlands rising or falling?
It rose from 3.87% to 3.94% in the latest reading (August 2026). A year earlier it was 3.49%.
Are mortgages in the Netherlands mostly fixed or variable?
In August 2026, 23.2% of new mortgage lending in the Netherlands was at a floating rate or fixed for up to one year; the rest was fixed for longer. Euro-area average: 16.6%. Most new loans lock in their rate for more than a year, so ECB decisions pass through more slowly, and existing fixed-rate borrowers are unaffected until their fixation period ends.
How do ECB interest rate decisions affect mortgage rates in the Netherlands?
From its low of 1.65% (September 2021) to its peak of 4.13% (November 2023), the average rate on new mortgages in the Netherlands rose 2.48 percentage points. Over the same cycle the ECB raised its deposit facility rate from -0.50% to 4.00% (July 2022 to September 2023). In August 2026 the ECB deposit facility rate was 2.25%; the average rate on new mortgages was 1.69 percentage points above it. The ECB has since set the deposit facility rate at 2.50%, effective 16 September 2026; this figure does not yet reflect that change.
How do mortgage rates in the Netherlands compare with the euro area?
It is the 5th-highest of 21 euro-area members that report it, against a euro-area average of 3.60%.

Netherlands — more indicators

Mortgage rate in other countries