Swiss Life’s affordability calculator can help you determine whether your dream home is within your budget. You can easily calculate the loan amount that you can afford.
Possible options include increasing the amount of equity, choosing a cheaper property or adjusting your financing. Combining different mortgage types can also help improve affordability.
The calculator is primarily used to estimate the affordability of a property. However, it can also be used as a guide when you are reviewing existing financing or extending a mortgage.
An early withdrawal can be used to increase your equity and can improve affordability. At the same time, it reduces your retirement provisions, which should be taken into account in your overall planning.
The more equity you have, the lower your mortgage will need to be. This has a positive impact on affordability and can lead to better financing conditions.