Energy-efficiency loan
Borrow for energy-saving home renovations or certified new buildings, with a mortgage interest discount for up to ten years.
Denne finansieringsmuligheten er foreløpig beskrevet på engelsk.
The Energieeffizienz Darlehen finances improvements to roofs, insulation, windows, heating, ventilation and solar installations. A separate route covers energy renovations and new buildings with an accepted energy certificate.
The minimum loan is CHF 25,000 for individual energy renovations and CHF 100,000 for the certified-property route. The bank publishes no maximum for either route; the amount it will lend depends on its assessment of the property and your finances. The annual interest saving is 0.30 percentage points for up to ten years. It reduces the mortgage interest you pay; the borrowed money remains repayable.
You can choose a fixed-rate, SARON or variable mortgage. The special discount expires ten years after the mortgage is first used, even if the energy-efficiency loan is extended. The mortgage then continues or is renewed under its underlying model. Loans below CHF 100,000 continue as variable mortgages at the terms then in force.
For a SARON mortgage, the bank compounds daily SARON rates over each quarter and adds its bank margin. Your interest rate changes quarterly and can fluctuate considerably. The margin, mortgage amount and agreed repayments generally remain in place for the five-year framework term. Switching to a fixed-rate mortgage is possible at the end of an interest period if its term exceeds the remaining framework term.
Eligibility
- The bank focuses on properties in Zimmerberg, in the district of Horgen by Lake Zurich. It may also consider owner-occupied homes in nearby areas.
- You must keep the whole property financing with BANK ZIMMERBERG AG.
- For the certified-property route, present a Minergie, Minergie-P or Minergie-A certificate, or a GEAK building energy certificate in efficiency class A or B. These are the accepted proofs of the building’s energy standard; every certificate must have been issued no more than two years ago.
- Your individual interest rate depends particularly on how the property is used, the mortgage relative to its value and whether you can afford the financing. The lending assessment also considers your income, debt repayments and property running costs. For a condominium purchase, you generally need at least 20% of the price in your own funds. Besides account balances, the bank allows assets from pillar 3a private pension savings and, to a limited extent, pension-fund benefits or loans from third parties to contribute. This purchase rule is separate from the renovation loan minimum.
How to apply
- Status
- Løpende søknader
- Vilkår for søknadsrunden
- Contact the bank for individual financing assessment.
Call BANK ZIMMERBERG AG on +41 44 727 41 15 to discuss your project and request the Energieeffizienz Darlehen. The bank assesses the financing and sets an individual mortgage rate in a personal discussion.