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.

2-year SARON mortgage, 3-month interest term: 0.72%

3-year SARON mortgage, 3-month interest term: 0.7%

4-year SARON mortgage, 3-month interest term: 0.7%

5-year SARON mortgage, 3-month interest term: 0.68%

A linked account will be opened with Luzerner 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).

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.