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Old 11.11.2020, 10:00
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

So 400,000 property
I pay 130,000 upfront and take out 10-year mortgage for the remaining 270,000.


Fixed-rate mortgage by provider 1
10 years from 0.84%
Interest costs
CHF 182/month
-
Fast-forward 10 years and it's time to re-negotiate my mortgage for another 10 years.

Bank now thinks the property is worth 700,000 and not 400,000. Does that mean the new mortgage will be based on the 700,000 price or the original 400,000 price?
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