You want to realize the dream of your own home? Then plan the long-term financing of your own four walls with a mortgage from AXA now! Calculate your personal interest costs and choose a mortgage that you can afford over the long term.
In order to finance your own home appropriately, you can choose from three different mortgage products from AXA: a fixed-rate mortgage, a variable-rate mortgage, or a LIBOR mortgage. Do you prefer stability or flexibility? It’s up to you!
You prefer to know your costs in advance? Then the fixed-rate mortgage is the right product for you. With a fixed-rate mortgage, you fix the interest rate and the term when you take out the mortgage. Hence, you will always pay the same mortgage interest, but cannot benefit from any fall in mortgage interest rates. You can choose a term of between 1 and 15 years, depending on the loan amount.
The minimum amount of a fixed-rate mortgage is CHF 100,000.
Do you want to benefit more quickly from falling mortgage interest rates while accepting the risk that interest rates may rise? Then the LIBOR mortgage is exactly right for you.
With a LIBOR mortgage, the money market is used as the source of financing: The interest rate is derived from LIBOR (the interest rate from London interbank trading, the London Interbank Offered Rate) plus an individual client margin. On taking out the mortgage, you opt for an overall term of 3 or 5 years. Within the overall term, the interest rate is modified at regular intervals specified in advance.
AXA offers the LIBOR mortgage starting from CHF 1,000,000.
The variable-rate mortgage is ideal for homeowners who expect interest rates to fall but can accept the risk that rates may rise. This means that with a variable-rate mortgage you are not tied to a fixed interest rate or a specific term.
The product is also suitable for homeowners who would like to remain financially flexible (e.g. when planning to sell their own home).
The financial cost of your own home should be affordable over the long term. The running costs of your own home should not exceed one third of your gross annual income. An example is included here of how you can properly estimate your financial options.
Phone: +41 58 215 33 18
Phone: +41 58 215 33 15
Mortgage Center / W0.164
P.O. Box 357
Phone: +41 58 215 44 01
Phone: +41 58 215 34 01
Centre hypothécaire / DD-1.662
Case postale 7753
Tel: +41 58 215 38 46
AXA uses the 20:80 rule: You invest at least 20% of the purchase price of your own home yourself. You may finance a maximum of 80% using borrowed capital (1st and 2nd mortgages). The higher the portion of your own invested capital, the lower your interest payments.
To benefit from financing by AXA, you must provide at least 20% of the purchase price of the property from your own assets. These may not derive from an advance withdrawal from Pillar 2 or from other loans. Pledging Pillar 2 assets is not permitted.
Mortgage repayment is normally split across two different mortgages:
The running costs for your own home should not exceed one third of your gross annual income. These costs include the interest on the 1st and 2nd mortgages, the ancillary costs and the repayments for the 2nd mortgage.
The minimum mortgage amount is CHF 333,000.
Here, a minimum mortgage amount of CHF 666,000 applies.
Your heirs must accept a sudden loss of earnings if you die. This loss of earnings puts the mortgage at risk. In a worst-case scenario, your home would have to be sold. With whole life insurance you can prevent this, as it allows your heirs to reduce the mortgage debt. The interest payments from the remaining income thereby remain affordable.