Taux Radar · rates as of 24 October 2026, 07:17
2-year fixed mortgage rate in Switzerland
The 2-year fixed rate is the shortest fixed term that Taux Radar tracks. It keeps your options open, because you refix soon, but it exposes you to an early renewal at the market conditions of that moment. Here are today’s average, the range of published rates and the gap with SARON and the other terms.
First meeting at no cost, no commitment
2-year fixed rate over time
Daily averages of published rates since tracking began on 3 June 2026.
- 1 month−0.09 pt
- 3 months+0.07 pt
- Since 3 June 2026+0.22 pt
Show month-end values
| Date | Average rate |
|---|---|
| 24 October 2026 | 1.57 % |
| 30 September 2026 | 1.70 % |
| 31 August 2026 | 1.41 % |
| 31 July 2026 | 1.46 % |
| 30 June 2026 | 1.27 % |
2-year fixed rate by type of lender
Averages of the rates published at the latest survey, by group of institutions. An average is shown only when it covers at least three institutions. No institution is named.
| Type of lender | Average rate |
|---|---|
| Cantonal banks | 1.62 % |
| Large and online banks | 1.54 % |
| Insurers and pension funds | 1.52 % |
| Whole market | 1.57 % |
2-year fixed, SARON and other terms
What fixing for a shorter or longer term costs on average, at the latest survey.
- SARON1.08 %
- 2-year fixed1.57 %
- 5-year fixed1.78 %
- 10-year fixed1.96 %
- 15-year fixed2.05 %
Fixing for 2 years currently costs 0.49 pt more than SARON on average. The 2-year fixed rate averages 0.21 pt below the 5-year fixed rate.
Example of interest cost
On a mortgage of 800’000 CHF, the average of 1.57 % represents 12’560 CHF in interest per year, or 1’047 CHF per month.
Depending on the published rate, from 10’560 CHF to 14’000 CHF per year.
Illustrative example, interest only, excluding amortisation. Your rate will depend on your application.
Who is a 2-year fixed rate for?
Two years suits situations that can change quickly: a planned sale, a move, an inheritance or a deposit you are waiting for, or a wish to keep control of your mortgage. You commit for a short time, and leaving early means a short remaining term, so in principle a smaller early repayment charge.
In return, you refix your rate in 2 years at the market conditions of the day, higher or lower: nobody can predict which. Going short while waiting for rates to move remains a bet, and renewal paperwork comes round quickly.
- A renewal to prepare early: lenders review one several months before maturity, which comes quickly with 2 years.
- A rate refixed at the market conditions of the day, which nobody can know today.
- A cost that can be higher or lower than a longer term depending on the period: today’s gap is shown on this page.
Frequently asked questions
What is the 2-year fixed mortgage rate in Switzerland today?
On 24 October 2026, published 2-year fixed rates average 1.57 %, ranging from 1.32 % to 1.75 %. These figures are indicative and updated daily. Your own rate will depend on your application.
Why choose a 2-year fixed mortgage?
To keep flexibility: a sale or move in sight, an expected change in your situation, or a wish to stay close to the market. You give up the visibility of a long term, since your rate will be refixed in 2 years.
What happens when a 2-year fixed rate ends?
Your rate is no longer protected: you renew with the same lender or refinance elsewhere, at the conditions of the day. Lenders review a renewal several months before maturity, so it pays to look at the market average from the first year.
2-year fixed or SARON: what is the difference?
A 2-year fixed rate locks your rate for 2 years, while SARON follows the money market and can change during the contract. Which costs less depends on the period: today’s gap is shown on this page.
Indicative, non-binding figures, taken from the rates published by Swiss institutions. They are neither a financing offer nor personalised advice. The rate you are offered depends on your application and on the lender’s agreement. Taux Radar methodology