DNB warns mortgage costs could rise for 950,000 Dutch households

Around 950,000 Dutch households with a bank mortgage could face higher monthly payments by the end of 2028 as fixed-rate deals expire or variable rates change, according to De Nederlandsche Bank (DNB). For the typical household affected, gross payments are estimated to rise by €150 a month.

The impact will vary widely, DNB says. A quarter of the households are expected to see an increase of less than €50, while another quarter could pay more than €300 extra each month.

Most households appear able to absorb the increase, the central bank says, pointing to rising wages and mortgage debt that has fallen relative to incomes and home values. But households facing a sharp rise alongside a weaker financial position or falling income — for example because of unemployment or retirement — could come under financial pressure.

DNB is examining the issue because mortgage-cost increases could make households more financially vulnerable. If borrowers struggle to meet payments, lenders could also be affected.