Swiss mortgage rates
A daily overview of the Swiss mortgage market.
The actual rate depends on the lending partner, your file, your profile and the property. Contact an advisor for a tailored offer.
Request an offer| Institution | Request an offer | |
|---|---|---|
Market average20 institutions | 1.60% | |
| 1.29% | ||
| 1.38% | ||
| 1.39% | ||
SwissquoteNeobank | 1.39% | |
Glarner KantonalbankCantonal bank | 1.40% | |
SwissLifeInsurer | 1.42% | |
GeneraliInsurer | 1.49% | |
PostFinanceMajor bank | 1.55% | |
AXAInsurer | 1.57% | |
Appenzeller KantonalbankCantonal bank | 1.60% | |
Migros BankNeobank | 1.68% | |
Graubündner KantonalbankCantonal bank | 1.70% | |
Zuger KantonalbankCantonal bank | 1.71% | |
Bank ClerMajor bank | 1.74% | |
BâloiseInsurer | 1.75% | |
St.Galler KantonalbankCantonal bank | 1.75% | |
Luzerner KantonalbankCantonal bank | 1.81% | |
Banque Cantonale de GenèveCantonal bank | 1.81% | |
Zürcher KantonalbankCantonal bank | 1.82% | |
ValiantMajor bank | 1.82% |
Best rate per term
Indicative, non-binding rates, they vary with your file and your situation. A firm offer requires a personalised analysis.
Request an offerFixed rate or SARON: how to choose
A fixed rate guarantees a stable monthly payment over the chosen term, from 2 to 15 years. It suits households that value predictability and want protection against a rise.
SARON follows the Swiss money market. It is often cheaper at the start but varies over time and requires some tolerance for fluctuations. The right choice depends on your horizon, affordability and risk appetite.
How we compile this comparison
The rates shown are collected every day directly from the institutions (cantonal banks, major banks, insurers and neobanks). The update date appears above the table.
These rates are indicative and non-binding. The rate you are actually offered depends on your file (equity, income, property) and requires a personalised analysis.
When to consider refinancing
It is worth reviewing your mortgage twelve to twenty-four months before maturity, when your situation changes, or when market conditions shift.
An independent advisor can compare your situation across the whole market and support you through to signing, with no commitment.
Getting a Swiss mortgage as an expat
Swiss mortgage rates do not depend on your nationality. B and C permit holders living in Switzerland can access the same products as Swiss citizens, including SARON and long-term fixed rates, sometimes with slightly stricter lending criteria.
The differences for expats lie in the documentation (foreign income, vesting benefits, taxation at source) and in how each bank assesses it. Criteria vary widely between institutions, which makes comparing lenders especially worthwhile.
Our network includes English-speaking independent advisors who guide expats through the whole process. The first consultation is at no cost.
Find an English-speaking advisorFrequently asked questions
- What are the current mortgage rates in Switzerland?
- Our radar compares fixed rates (2 to 15 years) and SARON from 40+ Swiss banks and insurers every day. The best 5-year fixed rates start around 1.2%.
- What is the difference between a fixed rate and SARON?
- A fixed rate guarantees a stable monthly payment for the chosen term. SARON is a variable reference rate, often lower but fluctuating with the money market.
- Are these rates guaranteed?
- No: they are indicative and non-binding. The rate you are actually offered depends on your file (equity, income, property) and requires a personalised analysis.
- How often are the rates updated?
- Automatically every day, based on the information published by the institutions.
- Can I get a Swiss mortgage with a B permit?
- Yes. Most Swiss banks lend to B-permit holders who live and pay taxes in Switzerland, sometimes with slightly stricter criteria. C-permit holders are generally treated like Swiss citizens.
- How much deposit do I need to buy property in Switzerland as an expat?
- At least 20% of the purchase price, of which a minimum of 10% must come from your own liquid funds (cash or third pillar). Ongoing costs must not exceed roughly one third of your gross income at a theoretical rate of 5%.
- Can non-residents buy property in Switzerland?
- Purchases by non-residents are restricted by the Lex Koller. Buying a primary residence requires Swiss residency, while holiday homes are limited to specific quotas. If you are relocating to Switzerland, financing your future primary residence is usually straightforward.