Rollover Mortgage

In Switzerland, the term rollover mortgage is used synonymously with the term LIBOR-based mortgage. Some Swiss banks use the term more specifically to describe LIBOR-based mortgages which can be converted to fixed-rate mortgages if the LIBOR rate climbs above a predetermined threshold.

Examples of Swiss lenders which offer rollover mortgages and mortgages branded as rollover mortgages include Credit Suisse (CS), the Luzerner Kantonalbank (LUKB), the Neue Aargauer Bank (NAB), the Schwyzer Kantonalbank (SZKB), the St. Galler Kantonalbank (SGKB) and the Zuger Kantonalbank.

More on this topic:
Interactive mortgage comparison

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