Bureaux

Gland

Finance your dream!

Financing

Purchase price
CHF 385,000.-

Own capital (20%)
CHF 77,000.-

Hypothec (80%)
CHF 308,000.-

Mortgage 2nd rank (15%)
CHF 57,750.-

Mortgage 1st rank (65%)
CHF 250,250.-

The share of equity is sufficient to allow the financing of this property.

Financing

Own capital

Price

Price of object CHF 385,000.-

Total purchase price

CHF 385,000.-

Acquisition costs

% CHF 15,400.-

Transfer costs

% CHF 5,775.-

Expenses of creation of mortgage file

% CHF 3,696.-

Total acquisition

CHF 409,871.-

Financial capacity

Annual income (100%)
CHF 21,003.-

Theoretical costs (61%)
578

Very well, your financial capacity (ratio between expenses and income) is within the recommended limits.

Income

Annual incomes

Annual Costs

Rates

Theoretical Actual

Mortgage interest 1st rank

2.00%

CHF 5,005.-

Mortgage interest 2nd rank

1.65%

CHF 953.-

Mortgage interest CHF 5,958.-

Amortization mortgage 1^st rank

1.00%

CHF 2,503.-

Amortization mortgage 2^nd rank

1.00%

CHF 578.-

Total mortgage amortization CHF 3,081.-

Running/maintenance costs 1 % CHF 3,850.-

Total charges CHF 3,850.-

Total per year

CHF 12,889.-

Total per month

CHF 1,074.-

Remarks:
- Theoretically, the total amount of the housing-related costs shouldn't exceed 33% of your total income.
- Borrower is required to supply at least 10% of the lending value of the property from their own funds, which may not be obtained by pledging or early withdrawal of Pillar 2 assets.

From 1st September 2014 (New Guidelines of the SBA):
- Mortgages must in all cases be paid down to two thirds of the lending value within a maximum of 15 years. (until now 20 years)
- The lending value of real estate will be based on the market value or the purchase price, whichever is lower.
- Second incomes are now normally eligible only in the case of joint and several liability.

This financial plan doesn't have contractual value. It is at your disposal as an indication only and subject to confirmation from your Bank.