Calculate your mortgage

Your advantages: current market interest rate, flexible duration and transparent evaluation

Calculate the financing of your desired property

Calculate own funds
Calculate annual income

Total monthly cost

Monthly mortgage cost 
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Maintenance and ancillary costs 
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Your monthly costs
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Frequently asked questions about mortgages

How do mortgages work?

To apply for a mortgage you will generally be required to provide at least 20 % of the property purchase price from your own funds. A bank or insurance provider will then lend you the money to purchase the property. In return, you pay regular interest to the lending institution. While you will not necessarily need to pay back the first mortgage, the second mortgage has to be repaid in instalments within a predefined period, generally 15 years.

Which mortgage models are there?

Banks and insurers generally offer three types of mortgage.

The fixed-rate mortgage
You finance your property for an agreed period, generally between 2 and 20 years. The most common option is 10 years. The interest rate is fixed at the outset and does not change. This allows you to budget the costs, which provides a degree of planning security.

The money-market mortgage (or Libor mortgage)
The mortgage interest rate is based on the daily Libor rate plus a fixed, agreed margin (profit margin). That means it changes all the time. This mortgage is attractive if you expect interest rates to fall and would like to profit from that.

The variable-rate mortgage
With no fixed period defined, this is particularly suitable for covering short-term bridging needs or for smaller amounts for which you would not get other types of mortgage. The interest rate is considerably higher, however. It is based on the general interest-rate level, and can be changed by the lending institution at any time.

What are ancillary purchase costs and how much are they?

In addition to the mortgage and your own funds, there are ancillary purchase costs, in the form of taxes and fees, attached to every property purchase. Depending on the canton, they range from 1 % to 5 % of the purchase price. Our calculator assumes an average rate of 2,5 % for ancillary purchase costs.

Possible ancillary costs
– Property transfer tax
– Notarial fees
– Land registry fees
– Promissory note fees

Our tip: Get the respective information from the canton concerned and avoid unpleasant surprises.

When do I need a second mortgage?

A first mortgage will cover up to 65 % of the property purchase price. If you cannot completely finance the rest from your own funds you will need a second mortgage to bridge the gap. You will have to pay this off within a predefined period (maximum 15 years) and in any case by the end of your 65th year of life.

Can I buy a property without own funds?

In Switzerland, you can not purchase property without sufficient funds of your own. So make sure you have a savings plan in place early on, calculate your savings potential and set yourself a savings target.

Our tip: Pillar 3a assets and life insurances are counted as own funds. Furthermore, up to 50 % of the required personal equity amount can be made up of pension benefits.

If your desired properties are still beyond your financial means you can expand your search radius. Property can be significantly more affordable just outside major population centres and, if transport connections to the city centre are good, this alternative option can be worth exploring.