Finding the right mortgage for your new home can be a complex task. Once you’ve understood the difference between the various mortgage types and checked out recent mortgage rate trends, you need to figure out how much you can borrow and consider whether or not to split your mortgage. You will probably come across the terms “affordability” and “loan-to-value ratio” in the process. But what does it all mean and what else is there to consider?
Although you may be pretty mortgage-savvy by now, new questions arise when it comes to remortgaging. Do you want to remortgage with the same lender, or find out whether other mortgage providers could offer a better deal for your particular situation? What are the latest benchmark mortgage rates? What does the remortgaging process involve? To ensure a smooth renewal, you just need to avoid the pitfalls and take note of the following tips.
On the basis of the details you provide, your personal interest rate is calculated for you online. You will see the kind of mortgage rates HypoPlus can achieve for you from its network of over 50 banks, insurance companies and pension funds.
If you like the look of the rates, you can submit an enquiry.
A mortgage expert from HypoPlus will examine your personal situation and establish, in agreement with you, a target rate for negotiation.
Your personal adviser at HypoPlus will compare the best rates on the Swiss market and negotiate on your behalf.
A well-negotiated mortgage could save you up to 25,000 francs. The services of our partner service HypoPlus are free for borrowers and with no obligation.
In 2019, benchmark rates for a 10-year fixed-rate mortgage have ranged from 1.20% to 1.46%. However, with some skilful comparing and negotiating, you can often achieve lower rates. If you are not risk-averse, you could take advantage of the current low rates by choosing a Libor mortgage, but bear in mind that, by the same token, a variable-rate mortgage is rarely recommended.
Increase your chances of successfully purchasing your dream home by arranging finance before you start your property search. Request a no-obligation mortgage comparison that is tailored to your personal situation. Using your data, experts will examine the various mortgage typesand negotiate rates and conditions with multiple lenders to provide you with the best comparison of mortgages in Switzerland free of charge. Do you already have a quote and want to have it checked? Then you may be interested in the quote check – find out online how good your interest rate is.
