Want to maintain the possibility of benefiting from falling interest rates?
With a moneymarket-based mortgage from VP Bank, you can achieve that goal because the interest-rate peg is determined semiannually.
A LIBOR mortgage from VP Bank is a medium- to long-term means of financing that is based on current interest rates and takes the form of a fixed advance for a term of 1, 3, 6 or 12 months. The total term to maturity lies between 3 and 5 years, as desired.
Characteristics
Minimum amount
CHF 100,000
Commission
None
Terms to maturity
Framework agreement on 3 to 5 years
Interest rate basis
LIBOR (London interbank offered rate)
Interest rate peg
Each 1,3, 6 or 12 months
Maturity
Upon expiration of the interest rate agreement
Lapse of the contract
Upon expiration of the framework agreement
Premature termination / (partial) repayment
Possible in exceptional cases with the approval of the Bank and upon payment of a fee for early termination
Account balancing
Semiannually, at the end of the semester
Advantages
The opportunity to benefit from declining short-term interest rates
High flexibility with the option to change to a Fixed-rate mortgage at no charge
Limitations
No possibility to repay the loan prior to maturity during the agreed upon term (3 to 5 years)
Interested?
Together, we will find the right financing model for your property.
Why VP Bank?
We are a respected and renowned mortgage lender in the Liechtenstein/Switzerland region. We have achieved that reputation thanks to the combination of our flexibility and first-rate financing solutions.
