I am in the closing stages of purchasing a property. The offer has been accepted. We are now looking at which bank can give us the best mortgage offer.
So far, we have contacted ubs, migros, blkb, bkb, cs
Migros bank has the best rates upto 5 years. They are offering the following:
2 Jahre 0,630%
3 Jahre 0,640%
4 Jahre 0,640%
5 Jahre 0,650%
6 Jahre 0,960%
7 Jahre 0,980%
8 Jahre 1,010%
9 Jahre 1,030%
10 Jahre 1,070%
BLKB is offering the below rates:
Festzinshypothek 1 Jahr: 0.73%
Festzinshypothek 2 Jahre: 0.71%
Festzinshypothek 3 Jahre: 0.69%
Festzinshypothek 4 Jahre: 0.60%
Festzinshypothek 5 Jahre: 0.79%
Festzinshypothek 6 Jahre: 0.83%
Festzinshypothek 7 Jahre: 0.87%
Festzinshypothek 8 Jahre: 0.91%
Festzinshypothek 9 Jahre: 0.94%
Festzinshypothek 10 Jahre: 0.97%
BKB, ubs and cs will supply the offer tomorrow.
I am looking for a medium term mortgage (say 5 - 6 years) on the full amount. I would prefer not to split up the mortgage into several tranches as this will drastically reduce flexibility when it comes to changing banks after a particular tranche expires.
Would be grateful if you could give your thoughts on the above offers and also on what could be a good structuring solution. Thanks in advance for your advice.