Can you afford this home?
Enter the price, your income and your own funds. You see the mortgage you need, what it costs each month, and if it passes the test Swiss banks use. The results stay visible even above the limits, because some banks accept a little more.
Your monthly costs
What you pay the bank at the interest rate you chose. The repayment lowers the mortgage, so you get it back if you sell. Maintenance is not a mortgage cost, but plan to set it aside.
| CHF | Per month | Per year | Share |
|---|---|---|---|
| Interest | |||
| Amortization (repayment) | |||
| Total | |||
| Maintenance to set aside (not in the total) |
Your payments year by year
Interest and amortization each year at your rate, and the mortgage left. After the contract ends the rate will change: the chart keeps it the same, so you see the trend.
Swiss mortgage rates since 2008
Monthly averages for new mortgages, from the Swiss National Bank. Your mortgage type is the thick line. The dashed line is the rate banks use for their test.
Loading the rates from the Swiss National Bank…
How much can you afford?
The share of your income that the bank test counts, for every purchase price with your own funds. Where the line crosses the limit is the highest price your income allows.
The bank check
Swiss banks check two things: enough own funds, and costs at an imputed interest rate of at most a third of your gross income.
| Purchase price | |
| Renovation | |
| Property value | |
| Your own funds | |
| Own funds needed | |
| Mortgage (share of the value) | |
| Of which to repay within 15 years | |
| Imputed interest | |
| Maintenance and incidental costs | |
| Amortization | |
| Yearly costs in the bank test | |
| Share of gross income | |
| Gross income needed |