Migros Bank mortgage rates

Term
2 to 10 years

Amount
Minimum amount CHF 100,000

Amortization

• The second mortgage must be repaid within 15 years or by retirement age

• Direct and/or indirect via 3a pension savings

Termination
Cancellable at the end of the term

Information

• Mortgage rate fixed for the entire term

• If mortgage rates rise, payments remain the same

• Easy and precise budgeting of interest payments throughout the entire term

• The mortgage can be split and combined with other types

• A fee is charged for conversions and extensions

Term
No fixed term

Amount
Minimum amount CHF 10,000

Amortization
As part of a second mortgage, the loan amount must be repaid within 15 years and by retirement age at the latest

Termination
No notice period

Information

• Can be used to finance anything

• No charge on unused loan amount

• Can be repaid at any time

Term
Unlimited

Amount
Minimum amount CHF 100,000

Amortization

• The second mortgage must be repaid within 15 years and by retirement age at the latest

• Direct and/or indirect amortization via 3a pension savings

Termination
Six months notice before the end of the month

Information

• Transparent mortgage rate based on the compounded SARON 3 plus interest charge

• Can be repaid partially or in full at the end of the termination notice period

• Conversion to fixed-rate mortgage possible at any time

• The mortgage can be split and combined with other types

• A fee is charged for conversions and extensions

Term
No fixed term

Amount
No minimum amount

Amortization

• The second mortgage must be repaid within 15 years or by retirement age

• Direct and/or indirect amortization via 3a pension savings

Termination
Termination period of 6 months (can vary by canton)

Information

• No minimum amount

• Can be repaid at any time provided the notice period is observed

• A fee is charged if you convert the mortgage to a different type

Information

This product is for owner-occupied properties that meet energy-efficiency criteria. When you take out a fixed-rate mortgage, you get an “Eco” discount of 0.15% per year for the first five years maximum. In addition, the costs for Minergie or GEAK certification will be reimbursed once up to max. CHF 2,000 and only 0.5% of the ancillary costs are included in the calculation of affordability. This discount can be combined with the “Start” discount.

Information

The product is for owner-occupied property and is available to borrowers who are taking out a Migros Bank mortgage for the first time or switching their existing mortgage to Migros Bank (“Start” discount). When you take out a fixed-rate mortgage, you get a “Start” discount of 0.15% per year for the first five years maximum. This discount can be combined with the “Eco” discount.