Eco fixed-rate mortgage
A mortgage interest discount for people and companies planning climate-effective building work on a residential property.
Denne finansieringsmulighed er i øjeblikket beskrevet på engelsk.
Finance an energy-efficient new home, renewable heating, improvements to walls, windows, roof or basement ceiling, or your own electricity generation such as solar panels.
The Fest-Hypothek Eco is a loan that must be repaid. Borrow at least CHF 10,000 with a fixed interest rate for an agreed term of 2–10 years. The bank reduces the annual interest rate by 0.30 percentage points. Interest is debited from your account quarterly, so the interest cost stays fixed during the term even if market rates fall.
You can terminate only at the end of the term and cannot switch mortgage models during it. Payments that reduce the borrowed balance must be agreed in the contract; these can also be made indirectly through the bank’s Sparen 3 pension savings arrangement.
Eligibility
The offer is marketed to people and companies domiciled or based in Switzerland. It requires a forthcoming investment in a residential property with a direct climate effect.
For a new building, provide either a GEAK building energy certificate showing overall-energy efficiency class A or a Minergie certificate. The certificate submitted must be no more than two years old.
For alterations, extensions, renovations or individual measures, the bank accepts these alternative forms of proof:
- A grant approval for an individual measure, such as insulation or replacing fossil-fuel or electric heating with a heat pump.
- A decision from Pronovo, the national renewable-energy funding body that handles photovoltaic support.
- For window replacement, an order confirmation, quotation or invoice showing replacement of all windows in the building.
- A GEAK certificate showing overall-energy efficiency class C, no more than two years old.
- A Minergie certificate, no more than two years old.
How to apply
- Status
- Løbende ansøgning
- Vilkår for ansøgningsrunden
- A financing discussion with the bank is the entry route.
Arrange a financing appointment with St.Galler Kantonalbank through its appointment link, or call its advisory centre on 0844 811 811, Monday to Friday, 07:30–17:30. The bank will discuss your situation and the next financing steps.