Sooner or later, a mortgage will reach its term and must be refinanced. You have two options: you can either extend it or repay it. In this article, we’ll explain what to watch out for if you choose to repay your mortgage.
Comparing mortgage options: which is the right mortgage for you?
There are basically three main types of mortgage in Switzerland. These differ with regard to how high the interest rate is and whether it’s a fixed rate, as well as the term. We explain the pros and cons of the different mortgage options here and explain which mortgage is best for you.
Financing your own home: all about equity and affordability
The dream of owning your own home or condo is widely shared: we tell you what you need to know about home financing and show you how to budget properly before buying a place of your own.
When you retire, at the latest, your income from employment is replaced by income from your pension – and this is usually lower. In addition, it is often not easy to obtain or extend a mortgage in old age. A reverse mortgage can be one solution.
Apartment buildings with rental apartments have achieved attractive returns and increased in value in recent years. We explain how financial institutions finance these kinds of investment properties and how much of your own funds you need for a mortgage.
