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Old 05.03.2017, 18:33
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Re: Loans [mortgages] in CH: Interest payments

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If I only pay 3000 chf in interest, how can it be that I do not get any principal when paying of the first 10 yrs mortgage?
You do not pay off/amortize. You just pay interest. After 10 years the bank says: Dear Mr./Mrs. Maxiii, you have 300k debt with us, what do you want to do? We can offer you a new loan for X% fixed for the next 10 years, interested?
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