20% downpayment from Pillar 2

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  • Benutzernamevas_zah
  • Status Member
  • Registriert seit8/3/23
  • Beiträge2

I don't have enough funds to pay 10% for the downpayment. However, I have enough capital in my pillar 2. Can I partly withdraw the money and partly pledge from pillar 2? Basically can I fully use pillar 2 to match 20% downpayment via partial withdrawal and partial pledge? Thank you

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

Up to half of the required down payment can be covered by an early withdrawal of pillar 2 assets for home financing. You can find more information on this topic in the moneyland.ch guide to using pillar 2 and pillar 3a savings to finance a home.

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Bank WIR Bankpaket Top

  • Best exchange rate: pay worldwide at the interbank rate

  • 24 free ATM withdrawals worldwide per year

  • Free account & card

Free bank account

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  • No account fees

  • Banking partner: Swissquote

  • CHF 20 trading credit with code «YUHMONEYLAND»

Start-up offer for new entrepreneurs

PostFinance

  • For startups

  • 2 year's free account management

  • Free credit card in the first year

Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

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