VIAC launched their own mortgage offering

Real Estate
81

Yeah I’ll transfer our Viac accounts to the lending bank and pledge it. There will only be one single Saron mortgage for the whole amount. Amortisation is 13k/year indirectly over the pledged 3a accounts.

I hope that the value will someday increase to at least 1050k. So that the LTV will be reduced down to 66.66% without reducing the actual mortgage. That way we could free out all pledged assets and transfer the 3a accounts back to Viac.

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82

With such a huge difference between SARON and 10 year fixed mortgage, what is the rationale for still choosing fixed over SARON ?

83
  • Saron is expected to increase. See planned hikes by FED, check as well UK and EZB. Goldman and UBS are also expecting for the Swiss market positive Saron rates by End of 2023.
  • People like gambling on the stock market but do not want to do that with something essential like a house.
  • Budget planning possible for the next 10 years.
  • Close and forget.
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