Fixed-rate mortgage
Mortage with a term of 2 to 10 years. The amount (minimum CHF 200 000) and the interest rate are set for the entire term. A fixed-rate mortgage cannot be repaid before the expiry of the agreed term, or subject to an early redemption penalty.
Advantages:
- Risk of rising interest rates is eliminated
- Allows more accurate budgeting
Repayment
Direct redemption by instalments is not possible during the term of the fixed-rate mortgage.
Lending rate
| Lending rate on first mortgage (owner-occupied home)*: | Up to 66% of the purchase price or the value under consideration |
| Lending rate on second mortgage (owner-occupied home)*: | Residual amount up to 80% of the purchase price or the value under consideration |
* for other object types apply separate rules
