House mortgage when RE

Real Estate
1

Hi everyone,

I (Swiss citizen) am about to return to Switzerland for early retirement and want to purchase a house. Does anybody have any experience on how banks consider affordability for mortgage with significant savings but only income is capital gains and dividends from stocks? I could buy the house cash and still have enough money to live but obviously don’t want too much tied up in illiquid assets so looking for somewhere between 50% and the mandatory 20% as down payment.

2

ZKB considers around 3% return of invested assets (at least one empirical data point, maybe worth to be confirmed my others here).

1 Like
3

Which canton will you buy in?

4

Canton is ZH

5

It was once mentioned on the forum that Migros bank could do it and assumed 2% return on assets.

I am very interested if anyone has experience to share about Canton Geneva or Vaud.

6

It’s going to be Glarus or, less likely, St. Gallen.