Taux Radar · rates as of 24 October 2026, 07:17
5-year fixed mortgage rate in Switzerland
The 5-year fixed rate is Taux Radar’s reference term: it is the one we show at the top of the rates page. It is often seen as a middle path between the flexibility of a short term and the visibility of a long one. Here are today’s average, the published range and what a 5-year fixed rate currently costs against SARON and the other terms.
First meeting at no cost, no commitment
5-year fixed rate over time
Daily averages of published rates since tracking began on 3 June 2026.
- 1 month−0.07 pt
- 3 months+0.08 pt
- Since 3 June 2026+0.23 pt
Show month-end values
| Date | Average rate |
|---|---|
| 24 October 2026 | 1.78 % |
| 30 September 2026 | 1.93 % |
| 31 August 2026 | 1.61 % |
| 31 July 2026 | 1.65 % |
| 30 June 2026 | 1.42 % |
5-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 | 1.85 % |
| Large and online banks | 1.77 % |
| Insurers and pension funds | 1.68 % |
| Whole market | 1.78 % |
5-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 5 years currently costs 0.70 pt more than SARON on average. The 5-year fixed rate averages 0.18 pt below the 10-year fixed rate.
Example of interest cost
On a mortgage of 800’000 CHF, the average of 1.78 % represents 14’240 CHF in interest per year, or 1’187 CHF per month.
Depending on the published rate, from 12’240 CHF to 15’680 CHF per year.
Illustrative example, interest only, excluding amortisation. Your rate will depend on your application.
Who is a 5-year fixed rate for?
Five years gives you time to see how things develop without tying you in for ten or fifteen. It suits a budget you want steady over the medium term, with a situation that should change little in that period, and no certainty beyond it.
It also combines with other terms: a mortgage can be split into several tranches with different maturities (for example 5 and 10 years), so that everything does not come up for renewal on the same day. An advisor works through the scenarios with you.
- A rate that does not move for 5 years, then has to be refixed at the conditions of the day.
- Early repayment is possible, with a charge calculated by the lender on the remaining term.
- When buying a primary residence: at least 20% equity, of which 10% must not come from your pension fund (2nd pillar), and costs, calculated at a notional rate of 5%, that stay within one third of your gross income.
Frequently asked questions
What is the 5-year fixed mortgage rate in Switzerland today?
On 24 October 2026, published 5-year fixed rates average 1.78 %, ranging from 1.53 % to 1.96 %. These figures are indicative and updated daily. Your own rate will depend on your application.
Why is a 5-year fixed rate called a middle path?
It sits between the extremes: more visibility than a 2-year fixed rate, less commitment than a 10 or 15-year one. It is not always the cheapest term, and the right choice depends on your horizon and your budget.
Can I combine a 5-year fixed rate with another term?
Yes, a mortgage can be split into tranches with different terms, each with its own rate and maturity. That spreads out the renewals, at the price of a little more follow-up. An advisor works through the combinations with you.
My 5-year fixed rate is ending: what should I measure it against?
Against today’s market average rather than your current rate: a rate signed 5 years ago belongs to a different market. Lenders review a renewal several months before maturity, so it is better to start early.
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