- Evaluate your financing capacity:
Generally, it is established
on the accumulation of capital and third party funds.
The
capital must represent 20%, 10% can come from your LPP, + 5%
purchasing fee.
Your personal assets will be around 20% of the
property value plus 5% of purchase costs while the remaining 80% will
often be financed by mortgages.
- Calculate your debt levels
Take
the sum of all monthly expenses related to your home and confront it.
If these charges exceed 33% of your gross income, obtaining a
mortgage may not turn out to be an easy task.
All these
expenses include 5% of theoretical mortgage interest + depreciation
and maintenance costs.
Do not wait and access the mortgage
simulator on the website. You will to see if you can afford now your
own accommodation. All it asks is for you to enter the amount of your
capital and your annual gross income to know the answer.
www.justimmo.ch