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Old 15.03.2021, 13:19
jim1 jim1 is offline
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Re: Clarification on Mortgages

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Maybe have a look at this and then consult a professional with your short and long term plans, https://www.swissbanking.org/library...finanzierungen
In addition there is an affordability stress test calculated at 5% interest rate plus maintenance ~1% of the property value per year
  • For properties used by you the resulting amount must be <1/3 of your personal income
  • For a rental property the rent has to cover this amount

For 2nd homes I believe banks will lend at ~65% not 80%
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