Swissquote SARON mortgage

Switch to provider's fixed-rate mortgage possible. You can fix your rates on a forward basis for up to 12 months in advance by paying an additional premium.

3-year SARON mortgage, 3-month interest term: 0.75%

04/12/2023

Variant 3: Payment of interest at the end of the interest term; determined earlier; observation period set back slightly.

CHF 100,000

Not specified.

Primary residence, Secondary residence, Holiday home

New mortgage, Refinancing, First mortgage, Second mortgage, Direct amortization, Indirect amortization, Early withdrawal of pension funds, Forward mortgage

A linked account will be opened with Basellandschaftliche Kantonalbank for the purposes of debiting interest and repayments and handling the mortgage. The client must live in Switzerland and must not be a US person. If self-employed, the client must prove that his or her taxable income has been at least CHF 100,000 for the past three years. The property must be an existing single-family home or an existing owner-occupied flat. Properties undergoing construction cannot be financed. It is possible to pay for a property by making advance withdrawals from pension plans only if the amount loaned (mortgage + advance withdrawal from pension plans/property value) does not exceed 65%.

The maximum loan-to-value ratio is 80% for the primary residence and 60% for a secondary residence or a vacation home. The minimum amortization for the main residence is set so that the loan-to-value ratio is reduced to a maximum of 66% within 15 years.

Maximum affordability of 34% (main residence) or 20% (second or holiday residence).

Second mortgages are available.

An early withdrawal from the mortgage agreement is possible only if a compensation for the early termination is paid.

Loan repayments are determined by the bank and must be made quarterly in equal instalments.

The interest must be paid quarterly.