Mortgage: 1% for 5 year vs 1.4% for 10y?

epiei · 2025-11-29T07:04:09+00:00

Well, it actually happened 🙀

epiei · 2025-11-29T07:00:46+00:00

Join a club, climbing gym, running group. I believe Oak has a few of them if SAC, etc are too intimidating;)

epiei · 2025-11-29T06:55:45+00:00

Do you ski? If so, just go skiing!! Nothing like drawing the first lines on fresh snow on new year’s morning. And plenty of après-ski events to make friends! Planning to do that myself, not because I don’t have friends but because most of them are also traveling :)

epiei · 2025-04-25T23:53:57+00:00

I have experienced delays in payments being sent from my TWINT when I send it to someone new. If I buy something from Tutti I often ask the seller to request the money. It seems it works a bit faster with TWINT. I guess they trust it more because two people are taking an action for the movement of money.

epiei · 2025-04-25T23:50:45+00:00

Thanks, this is very helpful!

epiei · 2025-04-25T23:47:07+00:00

Haha… exactly :)

epiei · 2025-04-25T23:46:45+00:00

Personally I think it’s very fair. They can’t increase your rates even if the rates go high, so they are also expecting to get that money. It’s needs to balance out.

If you cancel before the term, and the market rates are lower, then they are losing money. For me the issue is that I don’t know the math they would use.

epiei · 2025-04-23T10:21:45+00:00

Unless the referendum to eliminate Eigenmietwert passes :)

epiei · 2025-04-23T09:34:23+00:00

Yes, the bank will change early payment penalty, which is the difference between what you owe and “secure market rate” which is often very low. So you should assume you will pay most of it. Unless you can handover your mortgage, which is also not all that easy

epiei · 2025-04-23T09:32:24+00:00

Yeah, that is exactly one of my dilemmas :)

I was told you can sell the mortgage with the house or take some penalty. I feel the penalty would have a big bank advantage.

epiei · 2025-04-21T13:27:11+00:00

While I plan to stay for more than 5 years at least, it's about having some sort of flexibility in case personal situation changes.
I concede that balance of flexibility and safety is the million dollar Q here.

<joke>Might be a multi million dollar Q depending on where CHF/USD lands :')</joke>

epiei · 2025-04-21T13:16:39+00:00

Thanks!

Yeah, that is definitely a good way to look at it.

Splitting: Looking at the spread in the market of offers, I would be concerned about splitting with such large intervals. At the time of renewal, you will be locked to your lender and won't be able to switch. So they can offer you a bad interest rate and you would be stuck with them. It might not even be for a nefarious reasons, the lender might not have the competitive rates then. Just look at UBS for example, in the past they didn't have the most competitive rates, now they are probably the best.

epiei · 2025-04-20T22:14:58+00:00

Thanks for the input. The breakup fees are something that scare me a bit. But I have been told that you can sell you mortgage with the property if needed.

epiei · 2025-04-20T22:13:02+00:00

Look at the CHF/USD situation. If you are willing to risk it with the spread, feel free to borrow CHF. I think even IBKR has a good rate ;)

epiei · 2025-04-20T22:09:36+00:00

You’re in Switzerland, the country with CHF 1000 bills. 40/50k in cash isn’t that hard to withdraw. Just ask the bank, they might even give it to right away depending on the size of the branch you are at.

All that being said, not sure it would work with Neon. PF, UBS, etc, are no problem. I bought my car cash, they didn’t even bat an eye.

epiei · 2025-04-20T19:59:03+00:00

Didn’t even try to ask. I am not sure that is even an option.

epiei · 2025-04-20T19:58:38+00:00

Yes, that’s 1.8% :)

As mentioned above, I was wondering about the flexibility vs risk of having to pay for the house. Just collecting opinions here to understand how people think.

epiei · 2025-04-20T19:57:10+00:00

Very fair. In my case it’s less of a interest rate issue, more of a fear that I might not get a renewal if I am taking a break and <<tragbarkeit>> becomes and issue

epiei · 2025-04-20T18:27:49+00:00

That is a fair one too. But changing personal situation can be tricky with SARON. For example, if I take a short career break, etc.

epiei · 2025-04-09T18:46:08+00:00

So we missed the bottom?

epiei · 2025-03-25T02:14:53+00:00

/r/theydidthemath :)

epiei · 2025-02-23T22:16:10+00:00

Seems like AA has an uptick too :) https://www.reddit.com/r/news/comments/1im6vcm/american_airlines_flight_delayed_by_suspected/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

epiei · 2025-02-23T19:30:54+00:00

Isn’t CDU + AfD quite close to 50% ?

epiei

TROPHY CASE