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BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2145

February 21, 2017, 2:44:29 PM

I read somewhere that free mortgages are available in Switzerland. Is there such as thing as a free mortgage?

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

February 23, 2017, 9:57:10 AM

Hi there,

The old proverb which claims that "there is no free lunch" also applies to mortgages.

Banks make a living off charging interest on loans, including mortgages. At the moment, mortgage rates in Switzerland are very low because interest rates are low across the board.

However, interest rates still vary broadly from one lender to the next, so comparing rates is crucial. Choosing the right mortgage can save you serious money.

You can compare Swiss mortgage offers using this interactive mortgage comparison.

Best regards from Moneyguru