 | | 
03.09.2015, 21:04
| | Newbie 1st class | | Join Date: Aug 2015 Location: WORLD
Posts: 29
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
| | | Buying in Switzerland
Hey there guys,
was wondering what is the required capital deposit percentage in Switzerland to get a mortgage.
I know this differers across Europe, just a guideline would be great to know for the future.
Thanks
Eugene
|
03.09.2015, 21:07
|  | Forum Legend | | Join Date: Dec 2010 Location: Fribourg
Posts: 9,295
Groaned at 237 Times in 154 Posts
Thanked 12,188 Times in 5,300 Posts
| | | Re: Buying in Switzerland
| Quote: | |  | | | Hey there guys,
was wondering what is the required capital deposit percentage in Switzerland to get a mortgage.
I know this differers across Europe, just a guideline would be great to know for the future.
Thanks
Eugene | | | | | I believe it's still 20%.
| | This user would like to thank TiMow for this useful post: | |
03.09.2015, 21:16
| | Newbie 1st class | | Join Date: Aug 2015 Location: WORLD
Posts: 29
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
| | | Re: Buying in Switzerland
Thanks so much!
|
03.09.2015, 21:32
| | Forum Legend | | Join Date: Dec 2010 Location: Fribourg
Posts: 9,295
Groaned at 237 Times in 154 Posts
Thanked 12,188 Times in 5,300 Posts
| | | Re: Buying in Switzerland
Pension funds, in some circumstances, can be used as part of the 20%.
[my wife has used one of hers to this effect - but as I plan to knock her off before retirement comes, it's irrelevant - her life assurance is more valuable]
|
03.09.2015, 23:07
| | Newbie 1st class | | Join Date: Aug 2015 Location: WORLD
Posts: 29
Groaned at 0 Times in 0 Posts
Thanked 4 Times in 3 Posts
| | | Re: Buying in Switzerland
| Quote: | | | | | Pension funds, in some circumstances, can be used as part of the 20%.
[my wife has used one of hers to this effect - but as I plan to knock her off before retirement comes, it's irrelevant - her life assurance is more valuable] | | | | | Hahaha. OK well no pension fund this end and no wife as yet, certainly will make sure I get my wife future wife fixed up with both. Best to leave ones options open!!  |
03.09.2015, 23:17
| | Forum Legend | | Join Date: Mar 2009 Location: Zurich
Posts: 13,977
Groaned at 1,360 Times in 903 Posts
Thanked 20,979 Times in 8,016 Posts
| | | Re: Buying in Switzerland
| | This user would like to thank Chuff for this useful post: | | | This user groans at Chuff for this post: | |
04.09.2015, 06:45
| | Forum Legend | | Join Date: Oct 2014 Location: SG
Posts: 10,017
Groaned at 579 Times in 419 Posts
Thanked 13,462 Times in 6,997 Posts
| | | Re: Buying in Switzerland
I think it's at least 10% cash, no more than 10% from your 2nd pillar, together at least 20% of the mortgage.
|
04.09.2015, 09:05
| | | | Re: Buying in Switzerland
| Quote: | | | | | Thanks so much! | | | | |
Yes.............so much ! |
04.09.2015, 09:35
| | Banned | | Join Date: Jul 2015 Location: Aargau
Posts: 846
Groaned at 322 Times in 159 Posts
Thanked 324 Times in 229 Posts
| | | Re: Buying in Switzerland
| Quote: | | | | | Pension funds, in some circumstances, can be used as part of the 20%. | | | | | True, but your income will be significantly decreased if that pension fund has to pay out an invalidity or old age/retirement pension, something the bank/pension fund might not inform you about when trying to withdraw! I was offered this option when I set up my mortgage but I didn't take it, I preferred to pay the 20% in cash, thankfully a very wise move, as otherwise I might have found myself without a proper income now!
| |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | | | | Thread Tools | | | | Display Modes |  Linear Mode | 
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | | All times are GMT +2. The time now is 21:48. | |
