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Old 05.03.2017, 08:17
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Loans [mortgages] in CH: Interest payments

There is much better general information about homeownership in English than in German but although the general information is useful, the detailed information focuses on the US market and is useless for us.

What I learned is that with a usual 30-yr fixed rate US loan in the first 15 years you pay around 80% to interest, taxes, and insurances and very little to the actual principal that build equity (that is why people say: you bought a home? - what a piti )

How is it here in Switzerland? The (fixed rate) loans here are given for 10 years, not for 30 years like in the US. I know there is this Eigenmietwert that one has to pay (any other taxes?) and probably there is some obligatory insurance also. Are there any other similarities / differences to US loans?
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