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LIBOR mortgage


The LIBOR mortgage offers the advantages of the variable mortgage with regard to reductions in interest rates and provides an interest ceiling (CAP upper rate limit) as protection against excessive interest rates.


It takes full account of the changes in the money market.

The interest rate is fixed for each client individually. It depends on creditworthiness and product utilisation, as well as the quality of the cover.

Please contact your client adviser for information on interest rates.


Your advantages

  • Lower costs in the event of reductions in interest rates
  • Protection against excessive interest rates

Features

Lending     only as part of a 1st mortgage
Minimum amount in CHF     1'000'000.--
Term     3 or 5 years
Termination     premature termination only with early repayment penalty
Pegging of interest rate     for one quarter
Risk of change in interest     yes, limited
Amortisation     none normally
Interest and amortisation charged     quarterly on 31.1./30.4./30.7./31.10.




Other mortgage models available from BEKB | BCBE


Your BEKB | BCBE client adviser looks forward to assisting you in your projects from the financial aspect. Our aim is to find, together with you, an economic financing strategy based on partnership.


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