Thread: [Ins and Outs] Buying Property in Switzerland
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Old 08.09.2006, 12:02
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Re: What to look for when buying a house in Switzerland
Quote:
DaveA
Deposit normally 20% of house value although investments are pledge-able (eg pensions)

You can usually borrow such that no more than 33% of your gross salary is spent in the mortgage repayments.

Which means you can borrow a LOT, if you are confident enough and you are really really want to.

dave
Interesting. So if I can barely make enough to pay the bills, if want to really really bad, I can buy a house? No, it doesn't work that way.
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