With the help of ViBe, Swiss Life’s virtual assistant, you can quickly find mortgage offers that fit your renewal needs — all in just a few clicks.
Yes, when looking at subsequent financing for your mortgage, you can check whether an extension or a new financing solution with Swiss Life is an option for you. This requires, amongst other things, information on the existing mortgage, the value of the property, the required term and your financial situation.
If you don’t think about your options until it is too late, you will have less time to compare offers, review the various terms and plan the next steps. That’s why it makes sense to start thinking about subsequent financing at an early stage. A mortgage is not usually automatically extended as a new fixed-rate mortgage.
Yes, you can split a mortgage into different tranches. This allows you to spread the interest rate risk and extension risk across several terms or types. It is important not to stagger the tranches too much, as this can make it more difficult to switch providers at a later date.
A one-off payment can make sense if it will allow you to save on interest costs, while still retaining sufficient liquidity. However, you should also consider the tax implications, and how this would affect your pension provisions, planned expenses and potential investment alternatives. A lower mortgage is not always the best solution.