Compare What Is Truly Comparable

When you visit banks or work with credit brokers, always make sure you are comparing offers based on the same amount borrowed and the same duration. An offer may look attractive at first sight, but if the term or the borrowed amount differs, you are no longer making a fair comparison and you risk underestimating the true cost of your mortgage loan.

In 2026, lenders are required to provide clear, standardised information so that you can easily compare their proposals. Do not hesitate to ask for written documentation and take the time to analyse it calmly before making any commitment.

Compare Your Banks and Credit Intermediaries

The best mortgage loan is not only the one with the lowest rate. The quality of advice, the availability of your advisor and the speed of responses are crucial criteria, especially for a long‑term commitment such as a home loan. A responsive broker or banker can help you adapt your financing when your life changes: renovation projects, professional transitions, early repayment and more.

While online‑only solutions can seem very attractive, they do not always guarantee the same level of personal follow‑up as a dedicated broker. Over the typical 20 to 30 years of a mortgage, many events may affect your financial situation. Being able to count on an experienced, easily reachable advisor is a real asset you should not underestimate.

When comparing several offers, ask yourself: “Who will still be there for me in 10 or 20 years if I need to renegotiate, postpone or adapt my loan?” The answer to this question can make a big difference to your long‑term peace of mind.

What Exactly Should You Compare in a Mortgage Loan?

1. Financial Conditions

Start by comparing the interest rate and the loan term. Even a small difference in rate can have a significant impact on the total cost of your mortgage over 20 or 25 years. Similarly, extending or shortening the duration of your loan changes both your monthly repayments and the amount of interest you will pay in total.

Also pay attention to the type of amortisation and the repayment schedule. Some structures may seem lighter at first but become more expensive over time, while others prioritize faster capital repayment for better long‑term savings.

2. All Fees and Ancillary Costs

A good comparison must include all costs related to your mortgage loan: file fees, notary fees, registration duties, appraisal fees and insurance premiums. Only by looking at the total financing cost can you truly identify the most competitive offer.

Some lenders may offer an attractive rate but compensate with higher ancillary costs. Always ask for a clear, detailed breakdown of all fees, and compare the overall budget needed to finalise your acquisition, including your personal contribution and any savings you wish to keep as a safety buffer.

3. Flexibility and Early Repayment Options

The flexibility of your mortgage loan is just as important as its price. Check whether you can adjust your monthly installments, temporarily suspend payments in case of difficulty or renegotiate the terms under certain conditions. A flexible loan gives you valuable room for manoeuvre throughout your life.

Also analyse the fees in case of partial or total early repayment. You always have the right to repay your loan early, but some contracts provide for substantial penalties. Anticipating this can save you unpleasant surprises if your situation improves and you wish to reduce your debt.

Fixed or Variable Rate in 2026?

The choice between a fixed interest rate and a variable interest rate depends on the economic context and on your risk profile. A fixed rate gives you long‑term visibility: your monthly repayments remain stable throughout the life of the loan. A variable rate may be more attractive at the start, but it can fluctuate over time, upwards or downwards, depending on market conditions and the formula chosen.

In 2026, many borrowers favour the security of fixed rates when they are still relatively low, to protect themselves against potential future rate hikes. However, variable or mixed formulas can remain interesting if you have sufficient financial flexibility and a good understanding of the associated risks.

Before deciding, ask your advisor to simulate several scenarios (rate increase, stable rate, rate decrease) and to explain the maximum possible evolution of your monthly payment under each formula. This will help you choose the solution that best matches your tolerance for risk and your long‑term plans.

Outstanding Balance Insurance and Other Coverages

Insurance linked to your mortgage, particularly outstanding balance insurance, represents a significant ancillary cost. In principle, you are not legally obliged to take out this coverage, but in practice, few banks agree to grant a home loan without insurance, unless you can provide very strong guarantees by other means.

Outstanding balance insurance is designed to protect your loved ones: in the event of death (and sometimes serious disability, depending on the contract), it covers all or part of the remaining capital so that your family does not have to bear the burden of the debt. When comparing several mortgage offers, you should therefore also compare the terms, guarantees and exclusions of the insurance policies linked to each proposal.

Look at more than just the premium. Check the extent of the cover, waiting periods, possible medical questionnaires or examinations, and any restrictions in case of risky activities or pre‑existing health conditions. The right insurance, well adapted to your situation, is an integral part of a secure and responsible mortgage strategy.